Search Results for: SAIC

December 1 Market Close: GovCon Index Starts Month With Loss

The GovCon Index kicked off the final month of 2014 with a decline of 0.826 percent — or 0.574 points — to 70.058 on Monday. Lower-than-expected sales over Thanksgiving weekend and a decline in Supply Management’s national factory activity index for October drove stock prices downward, CNBC reported. Laggers led gainers by a three-to-one ratio …

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Tom Arseneault to Head Electronic Systems at BAE’s US Arm, Retain COO Title

Tom Arseneault, chief operating officer at BAE Systems‘ U.S. subsidiary and a 14-year BAE veteran, will take on the additional role of president of the subsidiary’s electronic systems sector on Jan. 1, 2015. BAE said Monday that Arseneault will continue to hold the chief operating officer role for the subsidiary — BAE …

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December 1 Morning Report: GovCon Index Up; Cubic Reports Record Earnings

The GovCon Index closed Wednesday at 70.507, a 0.35 percent increase from Tuesday, continuing its week of gains for the third day in a row heading into the Thanksgiving break. Cubic Corp. (NYSE: CUB) led Index gainers reporting positive financial results for its fourth quarter and full 2014 fiscal year ended Sept. 30, …

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November 26 Market Close: GovCon Index Extends Climb With Push From Cubic

The GovCon Index continued its week of gains into a third straight day as it closed at 70.507 — a 0.35 percent increase from Tuesday. Cubic Corp. (NYSE: CUB) was the largest gainer for the Index as the company said in its earnings release it set a new quarterly revenue record. Reuters …

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November 25 Market Close: GovCon Index Reaches New High

The GovCon Index reached a new high to 70.341, up 0.309 percent, while both Dow Jones Industrial and S&P 500 finished slightly down -0.02 percent and -0.12 percent,  respectively. The energy sector weighted on the board with oil prices hitting a four-year low.     Top Percentage Gainers Company Stock Price $ Change % …

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November 24 Market Close: GovCon Index Starts Thanksgiving Week With Increase

The GovCon Index kicked off the week of Thanksgiving with a Monday close of 70.122 — up 0.74 percent from Friday’s trading day. According to Bloomberg, investors reacted with confidence to data that signals growth in the U.S. services sectors and consumer confidence, as well as the Chinese central bank’s move last week …

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November 24 Morning Report: GovCon Index to Open at 69.6

The GovCon Index ended Friday with a gain of 0.687 percent ahead of the Thanksgiving week to close at 69.600. The Wall Street Journal reported a Dow Jones Industrial Average increase of 0.51 percent to close at 17, 810.06, a S&P 500 composite index’s gain of 0.52 percent to 2, 063.50 and a NASDAQ …

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November 21 Market Close: GovCon Index Up as Investors React to China, Europe Moves

The GovCon Index ended the last full trading week before this year’s Thanksgiving holiday with a modest gain of 0.687 percent Friday to close at 69.600. According to the Wall Street Journal, U.S. stocks made gains that reflected how investors reacted to comments from the European Central Bank’s chief that its …

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November 20 Market Close: GovCon Index Stays Flat, US Stocks Rise

The GovCon Index recorded a nominal increase Thursday to close at 69.118 — 0.005 percent up from Wednesday. Bloomberg reported that energy and small-cap shares drove gains across the U.S. stock market Tuesday, increases that offset investors’ worries over weak growth worldwide. A purchasing managers’ index for factories and services activity in the Eurozone reached its lowest …

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CACI Lands $182M NAVSEA Procurement, Logistics Support Contract; Ken Asbury Comments

CACI International (NYSE: CACI) will provide acquisition and logistics support services to the U.S. Navy‘s Naval Sea Systems Command under a potential five-year, $182 million contract. The contract contains one base year, two option years and two award term years and was awarded through the SeaPort Enhanced vehicle, CACI said …

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