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The GovCon Index rose in tandem with the larger U.S. stock market to record a gain of 0.766 points — or 1.059 percent — and close at 71.501 on February 2015’s first trading day. U.S. crude oil ended the day at its highest price in almost a month — $49.57 per barrel — and G...
Engility Holdings (NYSE: EGL) has been awarded five-year, $38 million contract to engineer and integrate the Defense Threat Reduction Agency’s system for detecting and combating weapons of mass destruction. The cloud-based Constellation Combating Weapons of Mass Destruction system is designed to assess threa...
The GovCon Index held relatively level against a mixed day of results in the U.S. stock market and recorded a slight gain of 0.211 points — or 0.290 percent — to close at a new all-time high of 72.557 on Friday. Disappointing earnings results from companies such as U...
The GovCon Index recorded a 50-50 split of gainers and laggers Tuesday to reach a nominal gain of 0.237 points — or 0.170 percent — to close at 71.291. A reduction in the International Monetary Fund’s worldwide growth forecasts for 2015 and 2016 was balanced by...
The GovCon Index ended a week of trading with an increase of 0.711 points (0.990%) to close at 71.121 on Friday. The Dow Jones Industrial Average reported a 1.10 percent gain to 17, 511.57, the Standard & Poor’s 500 rose 1.34 percent to 2, 019.42 and the NA...
The GovCon Index ended the trading week with a gain of 0.711 points — or 0.990 percent — to close at 71.121 on Friday. Energy stocks recovered ground as the price of crude oil increased 4.71 percent on the New York Mercantile Exchange to close at $48.43 andÂ&nb...
The GovCon Index recorded a nominal loss of 0.267Â points — or 0.381 percent — to close at 70.408 on Thursday. A 1.1-percent decline in the S&P financial sector and worries over how global economic weakness could affect U.S. corporate earnings drove U.S. stocks down, according to Reuters. The Dow Jones Industrial Average f...
David Savner, a board member at Engility Holdings (NYSE: EGL) since 2012,  will serve as a non-executive co-chairman of the company’s board of directors upon its $1.1 billion acquisition of TASC. Engility said Tuesday Savner will lead the board with current TASC Chairman P...
The GovCon Index started the week with a loss of 0.512Â points — or 0.732Â percent — to close at 70.483Â on Monday. Investors showed concern over continued declines in oil prices and are preparing to watch the start of quarterly earnings reports, CNBC reports. Crude futures on the New York Mercantile Exch...
The GovCon Index started the full week of trading for 2015 with a decline of 1.010 points — or 1.472 percent — to close at 69.620. U.S. energy stocks suffered some of the market’s biggest losses as the price of crude oil closed at $50.04 per barrel to reach the lowest figure since April 2009,...
