August 15 – August 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The long-awaited, much-anticipated and well-documented merger of Leidos into the now former Lockheed Martin information technology and technical services business completed on Tuesday. As i...
Executive Mosaic’s GovCon Index extended its losses Wednesday on another steep drop by Lockheed Martin (NYSE: LMT) and declines by services contractor stocks despite an afternoon reversal by U.S. stocks into narrow range from red after the latest Federal Reserve meeting minutes went public. GCI gainers slightly outnumbered laggers wi...
TYSONS CORNER, VA, Aug. 11, 2016 ” Bob Billeaud, formerly vice president for intelligence solutions at SOS International, has been promoted as senior VP for operations, GovCon Executive reported Wednesday. In his prior role, he oversaw SOSi’s acquisition and integration of Virginia-based intelligence con...
Executive Mosaic’s GovCon Index recorded its worst session in four weeks Wednesday despite gainers as the clear majority after Orbital ATK (NYSE: OA) announced it would restate all financial results dated back to April 2014. Shares in Orbital ATK plummeted 20.25 percent — or $17.987 — at the&...
Executive Mosaic’s GovCon Index posted an all-time high Friday with a gain of 0.535 points to 82.835 following the Labor Department‘s report that nonfarm businesses added 255, 000 jobs in July. The jobs report exceeded the forecast of 180, 000, a month after economists revised June’s jobs num...
Executive Mosaic’s GovCon Index hit a new all-time high and had its best day in nearly two months Friday and the U.S. stock bellwether S&P 500 composite index also closed at a record after the latest jobs report far exceeded economists’ expectations for the second straight month. The GovCon Index rose 0.535 p...
Executive Mosaic’s GovCon Index traded downward Tuesday on sharp declines in Boeing (NYSE: BA) and major services-oriented contractors while Harris Corp. (NYSE: HRS) soared 2.71 percent on news of its board of directors membership agreement with activist hedge fund Jana Partners. The GovCon Index declined 0.316 po...
Leidos Holdings‘ (NYSE: LDOS) impending merger with the information systems and global solutions segment of Lockheed Martin (NYSE: LMT) seeks to both diversify customer mix and lower risk to potential spending downturns in fewer market areas for the future combined company, Leidos CEO Roger Krone told investors at the New ...
Executive Mosaic’s GovCon Index traded higher Monday in mixed activity for U.S. stocks as Engility Holdings (NYSE: EGL) surged on a second quarter earnings beat with General Dynamics (NYSE: GD) and Cubic Corp. (NYSE: CUB) also as top performers. The GovCon Index added 0.252 points to 82.500 with four of the GCI’s 11 S&...
July 25 – July 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A new earnings season continued to dominate investors™ attention spans this week and those with keen interests in the aerospace, defense and government contracting sectors were no exception. Eleven ...
