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Search Results for: Engility

November 7 Morning Report: GovCon Index Up on Thursday’s Close

The GovCon Index closed Thursday at 68.486, up 0.086 or 0.126 percent. Reuters reported Thursday market optimism over anticipation that the European Central Bank may be getting ready with new measures to bolster the eurozone. The Dow Jones industrial average hit a record high, up 69.94 points, or 0.4 percent, to 17, …

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October 30 Morning Report: GovCon Index Down on Wednesday’s Close

The GovCon Index closed Wednesday at 66.977, down 0.297 or 0.445 percent. The Federal Reserve has ended a bond-buying program it had imposed to stimulate the economy, an announcement Reuters said Wednesday sent indicators to finish on a low. The Dow Jones fell 31.44 points, or 0.18 percent, to 16, 974.1. The Standard & …

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October 29 Morning Report: GovCon Index Up on Tuesday’s Close

The GovCon Index closed Tuesday at 67.274, up 1.081 or 1.581 percent. Positive earnings pulled up U.S. markets with the Dow Jones industrial average closing 17, 005.75 points, up 187.81 (1.1%), and the Standard & Poor’s 500 index at 1985.05, up 23.42 points (1.2%), USA Today reported Tuesday.   Top …

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October 17 Morning Report: GovCon Index Up Slightly at Market Close

With mixed market results, the GovCon Index closed slightly up by 0.359 points — or 0.569 percent — to 62.777. The S&P 500 closed flat at 1, 862.76 as the energy sector lead gains for that index. The Dow Jones Industrial Average slipped 24.5 points, or 0.2 percent, to 16, 116.24 and the Nasdaq Composite ticked up 2 points …

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October 15 Morning Report: GovCon Index Inches Up as Global Concerns Hold

The GovCon Index entered Wednesday trading at 62.785 — approximately 0.82 percent higher than Tuesday’s figure, or an increase of 0.52. Reuters cited concerns over Ebola, the impact of weak global economic figures on U.S. corporate earnings and a decline in oil prices as drivers of Tuesday’s investment activity.   Top Percentage Gainers Company …

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October 9 Morning Report: GovConIndex Ends Wednesday at 2% Hike

The GovConIndex closed Wednesday trading at 64.667 — an increase of 1.241 from the previous day, or 1.883 percent. Each company listed in the GovConIndex ended Wednesday as up from the previous day and the increases ranged from around 5 percent to the lowest upward trend at 0.15 percent. Top 5 Percentage …

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Executive Mosaic Launches GovConIndex

Executive Mosaic Inc. has launched the Executive Mosaic GovConIndex; a composite index that tracks 30 of the leading publicly traded Government Contracting (GovCon) Companies. The goal of the index is to measure the health and performance of the GovCon industry through changes in the aggregate price of the component stocks. The represented …

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John Heller: PAE-Parsons JV Wins $532M to Continue Joint Military Base Support in Guam

A PAE–Parsons joint venture has been awarded a potential eight-year, $532 million contract to continue supporting base operations of the U.S. Navy and Air Force in Guam. DZSP 21 will help manage ports, ordnance, water and wastewater plants, galleys, and utility distribution systems at the Joint Region Marianas installation, Parsons …

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PAE Lands $359M Navy Lab, Field Test Support Contract; John Heller Comments

PAE has won a $359 million contract to provide support services for the U.S. Navy‘s training and test range in Patuxent River, Maryland. The company will perform laboratory and field testing, operate the facility’s systems, provide engineering services and maintain the Navy’s Atlantic test range and Atlantic targets and marine operations division at …

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DRC Vet Paul Strasser Joins FedCap Partners Subsidiary PPC as CEO; Rick Knop Comments

Paul Strasser, formerly a senior vice president and general manager at Engility (NYSE: EGL), has joined FedCap Partners subsidiary PPC as CEO following the retirement of Harry Thornsvard. “Paul’s background and reputation represents FedCap’s commitment to build PPC into a leading technology and management consulting company, ” Rick Knop, a FedCap managing partner, …

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