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Anne Altman, IBM Federal Head, Lands ‘Executive of the Year’ Honor at GovCon Awards

Anne Altman, general manager of federal government and industries at IBM, has been selected as this year’s winner of the Greater Washington Government Contractor Awards‘ “Executive of the Year” honor for leaders of contractors that exceed $300 million in revenue. Altman, a three-decade company veteran who became IBM’s U.S. federal business leader in January …

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November 17 Morning Report: GovCon Index to Open at 68.933

The GovCon Index ended trading Friday at 68.933, down by 0.086 percent, or 0.059 points, from Thursday’s close. The Dow Jones Industrial Average declined 0.1 percent to 17634.74, while the S&P 500 composite index increased 0.02 percent to 2039.82 and the NASDAQ composite index grew 0.18 percent to 4688.54.   Top Percentage Gainers Company Stock Price $ …

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November 14 Market Close: GovCon Index Ends Week With Nominal Decline

The GovCon Index did not make it five-for-five on positive closing figures for this week as it ended Friday’s trading day at 68.933 — a decrease from Thursday’s figure by 0.086 percent, or 0.059 points. A mixed day reflected investors’ attitude toward improved consumer confidence numbers and a 0.3 percent increase in retail …

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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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