The Executive Mosaic GovCon Index (GCI) increased significantly on the day reaching a new YTD high of 104.137 up 1.786 percent. Orbital ATK and Northrop Grumman top the GCI with the news of Northrop Grumman’s intent to acquire the global aerospace and defense company. The three major indices all closed in the positive. The...
Raytheon‘s (NYSE: RTN) missile systems business has secured a $127.1 million contract modification to provide 155mm Excalibur projectiles to the U.S. Army. The Defense Department said Friday Raytheon will perform contract work through April 30, 2019 in Arizona, California, Iowa, Missouri, Ohio, Pennsylvania, Utah,...
The Executive Mosaic GovCon Index (GCI) closed down 0.456 percent to 101.596. Advancing shares slightly lagged declining 12 to 17. The three major indices closed mixed on the day. The S&P500 closed down 0.11 percent to 2,495.62, while the DJIA set a new high gaining 0.20 percent to 22,203.48, and the NASDAQ Composite moved downward by ...
The Executive Mosaic GovCon Index (GCI) followed the major indices to close up 0.787 percent to 102.181, reaching a new 30 day high. Advancing outpaced declining shares 6 to 1. Investors responded positively to better than expected damage reports from Hurricane Irma. The major indices all closed up as the S&P500 reached a new high of 2...
The State Department has cleared Bahrain™s request to buy F-16V fighter aircraft variant, services for the upgrade of F-16 Block 40 jets to F-16V configuration, TOW missiles and fast-patrol boats under four foreign military sales agreements worth approximately $3.95 billion combined. Bahrain requested to purchase 19 F-16V fighter...
The Executive Mosaic GovCon Index (GCI) ended Friday down .745 percent from Tuesday’s opening value. Friday saw the platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all sharing the top four slots of the GCI, all posting in excess of 1.0 percent gains. The short trading week saw the major indices all po...
The Executive Mosaic GovCon Index (GCI) reversed its positive direction yesterday to close down 0.762 percent to 101.346. Advancing and declining shares closed evenly on the day. The platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all shared the top slots of the GCI, all posting in excess of 1.0 percent gai...
Weekly Roundup September 4 – September 8 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As the summer comes to a close, let’s take a quick look at the public-to-private sector executive moves over the past few months. A number of high ranking public sector offici...
Ann Stefanek, spokeswoman for the U.S. Air Force, has said that L3 Technologies (NYSE: LLL) has selected the Gulfstream Aerospace-built Gulfstream 550 airborne early warning aircraft to replace the military branch’s current electronic attack platform, DoD Buzz reported Thursday. The Air Force contracted L3 to move electronic war...
The U.S. Navy has named eight awardees on a potential five-year, $487 million indefinite-delivery/indefinite-quantity contract to support naval aircraft prototype projects. The Defense Department said Wednesday task orders will encompass prototype air vehicle modification; mission systems; aircraft stores and support equipment designs; bui...
