The GovCon Index closed up 1.35% to 71.466 as all US markets showed significant gains. The DJIA closed at 16, 093.51 up 1.33%, the S&P ended the day positive at 1, 906.90 up 2.03%, and the NASDAQ increased 2.66% to 4, 591.18. Global Oil prices all increased with WTI crude up over 9% to close at $32.20....
Jan. 18 – Jan. 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Volatility in financial markets has become a fact of life all over the world and has sent investors questioning where the opportunities are in the midst of headwinds such as declining commodity pric...
TYSONS CORNER, VA, January 22, 2016 ” Leidos (NYSE: LDOS) was a sponsor of the Washington Wizards’ Military Night game versus the Miami Heat Wednesday as part of the Defending the Rim program, GovCon Executive reported Thursday. The company said Tuesday it donated 300 tickets to the United Service Organizations for the game...
TYSONS CORNER, VA, January 22, 2016 ” Orbital ATK (NYSE: OA) will build alternative warheads for the U.S. Army™s Guided Multiple Launch Rocket System under a $14 million contract from Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Thursday. Orbital ATK said Wednesday the warheads have passed the requirements of GMLRS based on...
TYSONS CORNER, VA, January 22, 2016 ” Inmarsat has inaugurated a new facility in Toa Payoh, Singapore, in an effort to adapt to the increased demand for mobile satellite communication services in the Asia-Pacific region, ExecutiveBiz reported Thursday. The company said Wednesday the office includes a solutions laboratory, demonstration and trai...
TYSONS CORNER, VA, January 22, 2016 ” CenturyLink (NYSE: CTL) and SAP (NYSE: SAP) have entered into a supplier partnership agreement on the SAP HANA Enterprise Cloud hosting platform, ExecutiveBiz reported Thursday. CenturyLink said Wednesday it will provide its infrastructure and IT services to expand the support of the SAP...
TYSONS CORNER, VA, January 22, 2016 ” Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), will share his views on innovation and discuss his work at the company as a speaker at the 2016 Titans series of the Northern Virginia Technology Council, GovCon Executive reported Thursday. NVTC said Wednesday Mo...
Rockwell Collins (NYSE: COL) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported earnings per share of $1.21 for the first quarter of the company’s 2016 fiscal year to exceed Wall Street analyst expectations by 21 cents. Profit for the Cedar Rapids, Iowa-based avionics contractor came in at $135 mil...
Lockheed Martin (NYSE: LMT) has received a $92.7 million contract modification to redesign the Patriot multi-band radio frequency data link for Qatar under a foreign military sales agreement. The company will perform work in Texas, Arkansas and Arizona through Jan. 30, 2020, the Defense Department said Thursday. The U.S. Army awarded the modifi...
System of Systems Security has won a potential five-year, $99 million “other transaction” agreement with the U.S. Air Force to develop, integrate and test information sharing technology prototypes for various C4ISR systems. The Air Force Research Laboratory received six offers for the program through a competitive pro...
