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Search Results for: Cubic

The 2016 Wash100’s Mix of Companies, Agencies & Trade/Research Groups

As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives and other leaders …

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January 4 Market Close: GovCon Index Plunges as China Losses Trigger US Stock Selloff

The GovCon Index started 2016 with a steep decline of 1.712 percent to 75.764 Monday as U.S. stocks mirrored large losses in global financial markets over growth concerns. Armored truck maker Navistar International (NYSE: NAV) held against market forces with a gain of 8.94 percent to lead all GovCon Index gainers, and four …

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January 4 Morning Report: GovCon Index Ends 2015 Down on Oil Price Declines

The GovCon Index closed Wednesday with a loss of 0.621 points to 77.761 on oil price declines and remains above the 10-percent mark for a gain against declines in several sectors within the S&P 500 composite index on a year-to-date basis. Crude futures in New York settled down 3.06 percent to $36.71 a barrel, while brent crude …

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December 30 Market Close: GovCon Index Retreats, Traders Return to Oil Focus

The GovCon Index held in negative territory throughout Wednesday and closed at a loss of 0.621 points to 77.761 as U.S. markets continued to be weighed down by oil price declines in both of the commodity’s major benchmarks. On a year-to-date basis, the Index remains above the 10-percent mark for a gain against declines in …

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December 7 Morning Report: GovCon Index Recovers Friday After DOL’s Jobs Report

The GovCon Index posted a gain of 1.645 percent to 78.284 Friday following the latest Labor Department jobs report to recover some losses incurred from Thursday’s plunge. The Index closed the week at a decline of 0.141 percent and achieved a climb of 3.085 percent over the previous month. Top GovCon Index Gainers Symbol Company $ Current …

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December 4 Market Close: GovCon Index, US Stocks Soar on Jobs Numbers

The GovCon Index posted a full rally from the prior day’s losses with a gain of 1.645 percent to 78.284 Friday on a similar surge in U.S. markets after the latest jobs report from the Labor Department. Friday’s climb recovered some damage incurred from Thursday’s plunge to bring the Index to a decline of 0.11 points — or …

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November 23 Market Close: GovCon Index 5-Day Gain Streak Snaps, Tech & Transport Losses Weigh on US Markets

The GovCon Index‘s five-day streak of gains ended Monday with a nominal loss of 0.102 points to 79.548 after its best week of a fourth quarter that has seen a strong rally from the three months prior to October. San Diego-based defense and transportation services contractor Cubic Corp. (NYSE: CUB) was …

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CAE Awarded Technical Support Contract for Kuwait KC-130J Trainer Program

CAE (NYSE: CAE) has received a potential five-year, $30 million contract from the U.S. Army to provide technical services for Kuwait air force’s KC-130J weapon system training program through a foreign military sales agreement. Contract work will take place through Nov. 8, 2020, the Defense Department said Monday. Lockheed Martin (NYSE: …

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October 20 Market Close: GovCon Index Neutral as Lockheed, UTC Kick Off 3Q Defense Earnings Season

The GovCon Index continued to reflect a narrow range of trading activity across U.S. stock markets Tuesday with a nominal decline of 0.052 points to 73.241 as Lockheed Martin (NYSE: LMT) and United Technologies Corp. started the first full week of third quarter earnings season for many Index and other defense-GovCon companies. …

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