Executive Mosaic’s GovCon Index finished +2.37% higher at $4,656.07 Friday to register a second straight winning week. The index, which tracks the stock performances of 30 major government contractors, posted a +3.3% week-on-week gain overall despite three broad market selloffs during the week. It also trimmed the year-to-date loss to -3.87% f...
Executive Mosaic’s GovCon Index claimed its first winning week in February despite closing -0.44% lower at $4,507.36 before the weekend. The index, which tracks the stock performances of 30 major government contractors, gained +0.27% week-on-week. However, the month-on-month and year-to-date losses are -7.92% and -6.83%, respectively. It was a...
Executive Mosaic’s GovCon Index fell -1.89% on Friday to settle at $4,495.05, a new low. The index, which tracks the stock performances of 30 major government contractors, lost -1.77% for the week and posted its fifth consecutive weekly loss. The decline in the Index of Consumer Sentiment due to higher inflation expectations was the headwind...
Parsons reported record fourth-quarter revenue of $1.7 billion, reflecting a 16 percent year-over-year growth, and noted that its full-year revenue for fiscal year 2024 jumped 24 percent to $6.8 billion, up 22 percent on an organic basis. Financial Highlights In an earnings release published Wednesday, the Chantilly, Virginia-based defense and infra...
In its 12th year, the Wash100 Award continues to be the top accolade presented to leaders in both public and private sectors in recognition of their leadership, vision, innovation, reliability and achievement. Jim Garrettson, CEO of Executive Mosaic and creator of the Wash100, invites the GovCon community to join the award’s biggest year yet b...
Executive Mosaic, the Capital region’s premier government contracting events and media organization, was excited to roll out its 2025 class of Wash100 Award winners. (The list compiles the most promising and impactful executives on both the public and private sector sides of GovCon.) But the company was arguably even more ecstatic to begin it...
Executive Mosaic’s GovCon Index started February on a losing note, ending lower Friday at $4,805.44 (-0.10%) following a fourth daily loss in five trading sessions. The week also saw breakouts of individual constituents and steep losses by defense stocks. The index, which tracks the stock performances of 30 major government contractors, lost -1.83...
Parsons has acquired environmental contractor TRS Group. The $36 million all-cash acquisition is aimed at boosting Parsons’ federal solutions and critical infrastructure segments. TRS is known for its environmental remediation technology developed for cleaning hazardous and toxic substances from soil, groundwater and fire suppression systems, ...
While Guidehouse has been acquired twice since emerging from the public sector segment of PwC in 2018, CEO Scott McIntyre tells us that there were three key things in common between Veritas Capital and Bain Capital, the two purchasers. The Wash100 Award winner spoke to Executive Mosaic late last year in a video interview with Senior Conten...
Executive Mosaic’s GovCon Index marked its best-day performance to start the shortened trading week but slumped the rest of the way. The index, which tracks the stock performances of 30 major government contractors, closed 1.02% lower at $5,016.21 before the weekend and lost -0.10% for the week. US President Donald Trump’s decision to delay impo...
