Executive Mosaic’s GovCon Index closed 0.41% higher to $4,963.08 to end the shortened week and March in the positive zone. The index, which tracks the stock performances of 30 major government contractors, also outperformed Wall Street’s major stock indexes for the week with a 1.69% gain. Despite Thursday’s subdued session, the S&P 500 ro...
Executive Mosaic’s GovCon Index stayed flat despite negative returns in three of five sessions. The index, which tracks the stock performances of 30 major government contractors, hardly moved with a negligible $0.20 uptick week-on-week to $4,880.65. Meanwhile, the three major equities indexes booked weekly gains, resulting in Wall Street’s best...
Executive Mosaic’s GovCon Index recorded its first weekly loss in eight weeks after sliding 0.19% to $4,880.45. Decliners also outnumbered gainers on Friday. The index, which tracks the stock performances of 30 major government contractors, lost 1.17% overall week-on-week. Wall Street was swamped with economic reports, mostly inflation-related re...
Maggie Hallbach, a two-decade Verizon veteran, was included in Executive Mosaic’s esteemed selection of Wash100 Award winners for the second straight year in recognition of her networks- and 5G-focused efforts as senior vice president of the company’s public sector and president of Verizon Frontline. Vote for Hallbach as one of your favorite...
Executive Mosaic is excited to recognize Aaron Weis, managing director of technology at Google Public Sector, with a 2024 Wash100 Award for his success in propelling federal technology modernization efforts forward as a leader in both public and private sector organizations. Don’t miss your chance to choose Weis as your favorite 2024 Wash100...
Executive Mosaic’s GovCon Index closed lower at $4,938.26 (-0.60%) on Friday, although it had enough buffer to post another winning week (+1.91%). However, all the main indexes on Wall Street had a losing week. The S&P 500 Index and Nasdaq Composite retreated from their all-time highs, while the Dow Jones drifted lower. The index that...
Executive Mosaic’s GovCon Index slipped 0.15% to $4,844.11 to begin March but still managed to eke out a slim 0.1% week-on-week gain. The index that tracks the performance of 30 major publicly traded companies in the government contracting industry never had a losing week since January 26. Wall Street achieved several milestones before the weekend...
We’re now over a month into the popular vote contest for the 2024 Wash100 Award and we’ve arrived at the most exciting week yet for new developments. After weeks of domination by public sector officials, the government has receded into the background as private industry is surging ahead. Three new names also catapulted into the top...
Kamal Narang, a more than 25-year federal health industry leader, has taken on the role of senior vice president for federal health at General Dynamics’ (NYSE: GD) information technology business. In this capacity, he will be part of GDIT’s executive leadership team as he oversees growth strategy for the company’s federal health business, ...
Kratos Defense and Security Solutions (Nasdaq: KTOS) is kicking off a proposed underwritten public offering of $300 million of shares of its common stock and expects to grant the underwriters a 30-day option to buy up to an additional $45 million of shares of its common stock. The proposed public ofering is subject to market...
