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Search Results for: Engility

October 30 Market Close: GovCon Index Dips, Closes Strongest Month for Year

The GovCon Index entered positive territory in the early afternoon session Friday but gave back gains to close at a decline of 0.244 points to 77.274. October ends as the Index’s strongest month for 2015 with a gain of 10.56 percent spurred by a series of third quarter earnings reports from listed companies …

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October 22 Market Close: GovCon Index Snaps Out of Neutral, Posts 2% Gain

The GovCon Index snapped a four-day streak of nominal and negative trading activity Thursday with a gain of 1.949 percent to 74.524. Raytheon (NYSE: RTN) shares climbed 4.1 percent to $111.28 after the weapons maker posted third quarter earnings and sales figures above Wall Street forecasts and raised its full-year revenue …

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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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October 19 Morning Report: GovCon Index Posts Nominal Decline

The GovCon Index closed Friday at a nominal decline of 0.069 points to 73.244 for a weekly decline of 1.25 percent after two weeks of positive performance ahead of third quarter earnings season.   U.S. markets posted gains for the third consecutive week amid lower expectations of an interest rate increase, according to the Wall Street Journal. …

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October 16 Market Close: GovCon Index Neutral, US Stocks Show Nominal Gains

The GovCon Index hovered above and below the gain line on a slow-volume day in U.S. markets Friday to close at a nominal decline of 0.069 points to 73.244. That close puts the Index at a weekly decline of 1.25 percent after two weeks of positive performance before the start of third quarter earnings …

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October 15 Market Close: GovCon Index, US Stocks Rebound 1% as Fed Rate Hold Confidence Grows

 The GovCon Index bounced back from the previous day’s sharp decline with a gain of 0.676 points to 73.313 Thursday as U.S. investors grew more confident that interest rates will go unchanged for the rest of 2015. Investors based their belief on new economic data that showed the Consumer Price …

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NASA Chooses 11 for $400M Langley Center Research Support IDIQ

Eleven companies have been awarded positions on a potential five-year, $400 million contract to help build new aerospace systems at a NASA research facility in Virginia. NASA said Thursday contractors will compete to perform technology basic and applied research, development, analysis, integration and demonstration services for Langley Research Center. Work …

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October 12 Morning Report: GovCon Index Records 2nd Straight Positive Week, Enters Earnings Season

The GovCon Index closed 74.198 Friday, up up 0.425 points from Thursday’s close and the Federal Reserve‘s release of its September meeting minutes. The record is the second straight positive week heading into earnings reports season, with Honeywell (NYSE: HON) slated to be the first GovCon Index company to release third quarter financial …

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October 9 Market Close: GovCon Index Closes Up, US Stocks End at Modest Gains

The GovCon Index closed up 0.425 points to 74.198 Friday as U.S. investors continued to digest the Federal Reserve‘s September meeting minutes that went public Thursday. For the week, the Index rose 5 percent to conclude its second straight positive weekly performance after two straight weeks the Index ended at declines for those respective five-day periods. The S&P …

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October 8 Market Close: GovCon Index, US Stocks Reverse AM Losses After Fed Minutes Go Public

The GovCon Index turned around heavy losses incurred in the morning and early afternoon portions of trading Thursday to close at a gain of 1.303 percent to 73.773. U.S. stocks started to trade higher from 2 p.m. Eastern time after the release of the Federal Reserve‘s September meeting minutes that …

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