Executive Mosaic’s GovCon Index closed unchanged. Financial markets were thinly traded and showed minor change in preparation for the upcoming Holiday. The GovCon Index ending the day at 88.541 up 0.001 points or 0.001 percent. Gainers outplaced decliners 19 to 11. Market Summary Index Value Net Change % Change GovCon Index 88.541 +0.001 ...
Executive Mosaic’s GovCon Index remained relatively unchanged mirroring the other major US exchanges. Huntington Ingalls Industries (NYSE: HII) led the GCI on the news that several institutional investors increased their positions in the company. Huntington Ingalls closed up 1.65 percent to close at 187.90. The GovCon Index ending the day...
Huntington Ingalls Industries (NYSE: HII) has secured a potential $1.46 billion contract modification to design and construct a 12th San Antonio-class amphibious transport dock for the U.S. Navy. The Defense Department said Monday it expects Huntington Ingalls to complete detail design and construction work on USS Fort Lauderdale (LPD...
Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 r...
Executive Mosaic’s GovCon Index closed Friday down 0.177 points to 88.179 following a volatile afternoon trading session for U.S. stocks. Huntington Ingalls Industries (NYSE: HII) led all GCI net and percentage gainers Friday. The Index’s streak of five straight weekly gains also ended with this week’s loss...
Executive Mosaic’s GovCon Index swung to negative territory in a volatile afternoon session for U.S. stocks Friday as equities retreated from morning gains after reports surfaced that China’s navy seized a U.S. unmanned underwater drone in the South China Sea. The GovCon Index’s streak of five consecutive weekly gain...
Kirkland Donald, a retired U.S. Navy admiral and former CEO of Systems Planning and Analysis, will officially join Huntington Ingalls Industries‘ (NYSE: HII) board of directors Jan. 1. The 37-year Navy veteran previously directed the military branch’s Naval Nuclear Propulsion program until he retired in 2013...
Executive Mosaic’s GovCon Index closed lower Tuesday in a session that saw the U.S. stock bellwether S&P 500 close at an all-time record high as investors restarted post-election buying activity in sectors they expect to see growth under a Donald Trump administration. Tuesday’s flat movement by the GCI follows Monday’...
Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened. The GovCon Index traded down 2 percent sh...
Shares in Lockheed Martin (NYSE: LMT) traded down approximately 5 percent as noon Eastern time approached Monday after President-elect Donald Trump criticized the F-35 Joint Strike Fighter program on Twitter in the early morning hours. “The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and...
