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Search Results for: Engility

March 23 Market Close: GovCon Index Weighed by Commodity Declines, Health Net Up 4% on Centene Deal Approval

The GovCon Index stumbled from the open to close at a loss of 0.279 points to 75.052 as U.S. stock declines mirrored a fall in commodities such as oil and investors continued to speculate over when the next interest rate increases could occur. Los Angeles-based health insurance provider Health Net (NYSE: HNT) …

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KKR to Purchase Airbus’ Defense Electronics Business for $1.24B

New York City-based private equity firm Kohlberg Kravis Roberts & Co. L.P. (NYSE: KKR) has agreed to acquire the defense electronics business of global aerospace and defense contractor Airbus Group for approximately $1.24 billion. Airbus said Friday the transaction is scheduled to close in the first quarter of 2017 and that it may control a …

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March 21 Morning Report: GovCon Index Closes With Gain for 3rd Straight Day

The GovCon Index closed Friday with a gain of 1.417 percent to 75.314. With Friday’s performance, the Index is on its third consecutive day in positive territory. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Change I Intelsat 2.60 0.12 +4.84% MCK McKesson Corp.* 158.31 6.62 +4.36% VEC Vectrus Inc. …

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March 18 Market Close: GovCon Index Ends Week With a Three Day Positive Streak

The GovCon Index continued it positive trend for the third consecutive day closing up 1.417% to 75.314. According to Bloomberg, the Dow and S&P 500 closed Friday in positive territory for 2016. Strong performance from emerging market stocks, and oil prices helped prop up stock prices. Top GovCon Index Gainers Symbol …

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March 17 Market Close: GovCon Index Up On Strong Economic Data

The GovCon Index continued on a steady upward trend to close at 74.289, up 0.408%. The Index rode the market up as WTI broke the $40/barrel mark and on positive economic news from the Federal Reserve agreeing to hold interest rate firm, at least for the time being. According to Bloomberg, …

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March 14 Market Close: GovCon Index Declines as US Stock Markets Hover Ahead of Fed 2-Day Meeting

The GovCon Index failed to turnaround declines incurred during morning trade Monday and ended at a loss of 0.237 points to 73.743 as U.S. stocks hovered in and out of positive territory throughout the afternoon session. Investors have turned their attention to the Federal Reserve‘s two-day meeting Wednesday and Thursday with the priced-in odds …

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Weekly Roundup Mar. 7 – Mar. 11 2016: GovCon Index, Defense Stocks Show Steady Recovery & more

Mar. 7 – Mar. 11 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The start of March has given investors everywhere a respite of calm so far after a January and February period of across-the-board, worldwide market volatility that carried over from the …

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TASC, Lockheed Vet Barbie Bigelow to Join Jacobs as CIO; Kevin Berryman Comments

Barbie Bigelow, a former senior vice president and chief information officer at Engility’s (NYSE: EGL) TASC subsidiary, will join Pasadena, Calif.-based construction services contractor Jacobs Engineering Group (NYSE: JEC) as SVP and CIO. Bigelow will directly report to Chief Financial Officer Kevin Berryman and start in the role on March 14, Jacobs said Tuesday. …

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March 7 Morning Report: GovCon Index Records Gain for 3rd Consecutive Week

The GovCon Index closed Friday with a 0.247-point climb to 73.958 on potential indicators against additional interest rate hikes and extended rallies by Engility Holdings (NYSE: EGL) and Navistar International (NYSE: NAV). The Index posted a weekly gain of 2.082 percent to record positive movement for the third consecutive five-day period. Top GovCon …

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Weekly Roundup Feb. 29 – Mar. 4 2016: Former DoD Logistics Head to Steward PSC & more

Feb. 29 – Mar. 4 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government services contractors gained a new leading voice and public advocate this week in the form of a nearly 35-year veteran with a diverse background that includes high-profile roles in …

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