Executive Mosaic’s GovCon Index traded higher Tuesday against choppy trade in the larger U.S. stock market as defense-oriented investors prepare to examine a large batch of earnings reports from major sector players due Wednesday. The GovCon Index notched a gain of 0.473 points to 82.151 and eight of the GCI’s 11 S&P 5...
Executive Mosaic’s GovCon Index held in slight negative range Monday as gains by services contractors Engility Holdings (NYSE: EGL) and CACI International (NYSE: CACI) failed to offset declines by defense primes and platform makers. The GovCon Index declined 0.110 points to 81.678 and only two of the GCI’s 11 S&P ...
July 18 – July 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As is the custom of recent times, Lockheed Martin started a new earnings season for GovCon companies Tuesday with a boost to its full-year guidance and second quarter financial results that ...
The Defense Contract Management Agency has awarded seven companies spots under a potential 10-year, $142 million contract to provide modernization and sustainment services for a system DCMA uses to administer defense contracts and contractor payments. The Defense Department said Friday awardees will vie for task orders ...
Six companies have won separate contracts to provide technical support services for the U.S. Navy™s ground, maritime and airborne information systems and networks. Each of the three-year, cost-reimbursement contracts awarded to Cabrillo Technologies, Science Applications International Corp. (NYSE: SAIC), Scientific Research Corp., Calnet, ...
Darius Adamczyk, president and chief operating officer at Honeywell (NYSE: HON), will serve as the technology and manufacturing company™s CEO, effective March 31, 2017. Adamczyk will succeed Dave Cote, who will continue to serve as Honeywell™s executive chairman through April 2018 and then commence a five-year noncompete and consultin...
The U.S. Army has awarded nine companies spots on a $248.6 million multiple-award task order contract to provide technology products and services to the Defense Department. The companies are scheduled to complete the tasks by June 22, 2021, at various locations that depend on each task order award, DoD said Thursday. Army Contracting Command is...
Fifteen companies and four universities have shown interest in pursuing a potential 10-year, $2.9 billion contract for management services at the National Nuclear Security Administration‘s Sandia National Laboratories, the Albuquerque Journal reported May 18. Michael Coleman writes that Lockheed Martin (NYSE: LMT) subsidiary San...
The GovCon Index nudged out a gain of 0.081 points to 78.273 Wednesday on contributions from Boeing (NYSE: BA) and armored truck manufacturer Navistar International (NYSE: NAV). Boeing surged 1.07 percent and Navistar rose 9.09 percent, while shipbuilder Huntington Ingalls Industries (NYSE: HII) rebounded by one-ha...
The GovCon Index rallied 1.197 percent to 78.192 on gains led by the GCI’s services-focused contractors and defense prime Northrop Grumman (NYSE: NOC) on news that the U.S. lifted its embargo on weapons sales to Vietnam. Science Applications International Corp. (NYSE: SAIC) added 4.01 percent — or $2.10 &nbs...
