The GovCon Index barely held positive territory in a narrow final hour of trade Thursday to record a nominal gain of 0.041 points to 71.389 Thursday and remain in a correction for the seventh consecutive day, or 10 percent down from its most recent high on Dec. 1. ManTech International (Nasdaq: MANT) rose 1.48 percent after...
Three companies have been awarded spots on a potential five-year, $2.6 billion contract to perform maintenance, repair and modernization work on U.S. Navy surface combatant and amphibious warfare vessels. BAE Systems, General Dynamics‘ (NYSE: GD) NASSCO subsidiary and Marine Hydraulics International will help maintain six c...
TYSONS CORNER, VA, February 10, 2016 ” MBDA has delivered the first Advanced Short Range Air-to-Air Missile to the U.K. in preparation for integration, fire tests and flight trials with the Lockheed Martin-built (NYSE: LMT) F-35B Lightning II jet, ExecutiveBiz reported Tuesday. MBDA said Monday it has also worked with B...
As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives...
The GovCon Index showed a nominal gain of 0.076 points to 69.839 Thursday as investors with interest in the defense and government contracting industries digested a new round of earnings statements from more of the sector’s largest companies. Thursday’s close represents the Index’s second straight day that ended below 70 and extend...
The GovCon Index closed Friday with a gain of 1.35% to 71.466. The Dow Jones, Nasdaq and S&P 500 indices also posted significant gains at 1.33%, 2.66% and 2.03%, respectively. West Texas Intermediate crude oil also went up over 9% to close at $32.20. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Change...
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....
The GovCon Index attempted a recovery from steep morning and midday losses as Monday’s closing bell approached after another volatile day for U.S. markets but ended at a loss of 0.531 points to 73.407. Both the GovCon Index and S&P 500 composite index were down a full percentage point in mid-afternoon before a swing into...
The GovCon Index closed Friday at a 1.181-percent drop to 73.739 and ended the week with a loss of 4.31 percent. The S&P 500 composite index joined the Dow Jones Industrial Average and Nasdaq index in correction territory with a decline of 1.08 percent Friday. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Ch...
The GovCon Index failed to hold momentum from a strong open Friday and closed at a decline of 1.181 percent to 73.739, which extends its current stretch of losses to three trading days. For the week, the Index recorded a loss of 4.31 percent and is down 6.27 percent from its Dec. 1, 2015 close...
