Executive Mosaic’s GovCon Index advanced Friday to complete its sixth consecutive weekly gain in an extended post-election climb that has seen the GCI hit a series of record high closes. The GCI has risen 14.75 percent over six weeks with the U.S. stock bellwether S&P 500 composite index up 6.26 percent in that time as investors...
Canada has selected Airbus-built C-295 to serve as the next fixed-wing search-and-rescue aircraft and replace the country™s fleet of aging C-130s and Buffalo planes under a potential $2.3 billion contract, Defense News reported Wednesday. David Pugliese writes Harjit Sajjan, Canada™s defense minister, and Judy Foote, the co...
Executive Mosaic’s GovCon Index posted a fifth straight gain to a new all-time record close Wednesday on strong performances by Honeywell International (NYSE: HON) and L-3 Communications (NYSE: LLL) as U.S. stocks also advanced with the S&P 500 at a record close. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and seven o...
Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks registered...
Executive Mosaic’s GovCon Index closed above the 90-point mark for the first time since its October 2014 inception as Huntington Ingalls Industries (NYSE: HII) and services contractors led gains to offset declines by Northrop Grumman (NYSE: NOC) and other defense primes on a positive day for U.S. stocks. Monday’s stro...
Executive Mosaic’s GovCon Index ended its six-day win streak Monday as U.S. stocks also took a break from the post-election rally after a stretch that saw equities post three straight weekly gains. GovCon Index decliners edged gainers and six of its 11 S&P 500 components advanced with General Dynamics (NYSE: GD) the top net gaine...
Executive Mosaic’s GovCon Index climbed 0.721 percent to 89.518 for the shortened trading session Friday to register a third consecutive record-high close as gainers outnumbered decliners by a 4-to-1 ratio. Huntington Ingalls Industries (NYSE: HII) was the GCI’s top net performer and Rockwell Collins (NYSE: COL) was t...
Executive Mosaic’s GovCon Index set a third straight record-high close Friday to a third consecutive weekly gain in a shortened U.S. stock trading session as financial markets closed at 1 p.m. Eastern time. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and all 11 of its S&P 500 stocks closed green wi...
Executive Mosaic’s GovCon Index set a new closing record Tuesday with a 1-percent gain paced by defense prime and government services stocks as the U.S. bellwether S&P 500 also ended at an all-time high in spite of healthcare stock declines. GovCon Index advancers outnumbered decliners at a 4-to-1 ratio and nine of its ...
Executive Mosaic’s GovCon Index recorded a 0.134-percent or 0.117-point increase Friday to 87.249 to register its second consecutive weekly gain as investors continue to have a positive outlook on defense stocks compared to healthcare and other sectors. GCI gainers outnumbered laggards Friday with L-3 Communications (N...
