The GovCon Index stumbled Monday and failed to carry over momentum from Friday’s strong July jobs report as declines by major defense primes weighed on the GCI and losses by healthcare shares dragged down U.S. stocks. GovCon Index laggers outnumbered gainers by a 2-to-1 ratio and four of its 11 S&P 500-li...
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&...
Executive Mosaic’s GovCon Index closed Friday down 0.065 points to 82.248 to post weekly and monthly gains of 0.460 points and 5.58 percent, respectively. The Index remained in neutral range following second-quarter earnings reports from government contractors such as Raytheon (NYSE: RTN), L-3 Communications ...
Executive Mosaic’s GovCon Index remained stuck in neutral range for a second consecutive session Friday as investors continued to gauge second quarter earnings reports from government contractors with additional statements due next week. The GovCon Index nudged down 0.065 points to 82.248, which puts the GCI at respective gains ...
Nine companies have won positions on a potential five-year, $1.75 billion contract to support fielded training systems of the U.S. Navy and the U.S. Marine Corps as well as foreign military customers. The Defense Department said Monday contractors will compete for individual orders to perform training device operation, main...
Executive Mosaic’s GovCon Index broke the 80-point barrier Friday for the first time in a month as the S&P 500 composite index briefly traded above a new record close in afternoon activity after the June jobs report soared past economists’ expectations. The GovCon Index closed up 1.579 percent to 80.813 and ended the week at a...
Lockheed Martin (NYSE:LMT) has secured a five-year, $504.3 million contract extension for in-service support to the Canadian air force’s fleet of C-130J Super Hercules aircraft. The company said Thursday it will continue to lead performance-based logistics for the operations, sustainment and maintenance of the 17-unit CC-13...
Executive Mosaic’s GovCon Index turned downward in late morning trade Thursday then traded in slight negative territory during the afternoon session as investors looked ahead to the June labor report due for release before markets open Friday. The GovCon Index fell 0.263 points to 79.557 with Boeing (NYSE: BA) and CSRA (NYSE: CS...
Executive Mosaic’s GovCon Index closed Friday with a gain of 0.178 points to 79.718 and recorded a weekly climb of 3.216 percent as it continues to recover from the previous week’s losses following the “Brexit” referendum vote in the U.K. Friday was also the second consecutive session in whi...
Executive Mosaic’s GovCon Index descended into narrow range during afternoon trade after a strong morning session Friday but held in positive ahead of a three-day holiday weekend. The GovCon Index posted a gain of 0.178 points to 79.718 and ends the week up 3.216 percent in a sharp turnaround from Monday’s losses in t...
