The GovCon Index surged out of correction territory Friday with a gain of 2.643 percent to 71.807 which mirrored investor optimism that the Federal Reserve may slow down future interest rate hikes and a bounce-back from technology stocks. The Index ends the week at a 2.81-percent loss and the first month of 2016 with a...
TYSONS CORNER, VA, January 27, 2016 ” The shipbuilding division of Huntington Ingalls Industries (NYSE: HII) has awarded $100, 000 in grants to schools in Alabama and Mississippi to fund 25 projects in science, technology, math and engineering, GovCon Executive reported Tuesday. The company said Monday its STEM program is in its eight...
TYSONS CORNER, VA, January 19, 2016 ” David Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence, information and services business, is one of nine executives who have joined the board of advisers at the Center for a New American Security, GovCon Executive reported Friday. CNAS said Thursday the executives come from the defense...
TYSONS CORNER, VA, January 12, 2016 ” Huntington Ingalls Industries™ (NYSE: HII) shipbuilding division updated Chief of Naval Operations Adm. John Richardson on the current construction of the four classes of military vessels for the U.S. Navy and the U.S. Coast Guard, ExecutiveBiz reported Monday. HII said Friday Richardson...
The GovCon Index closed Friday at a 1.181-percent drop to 73.739 and ended the week with a loss of 4.31 percent. The S&P 500 composite index joined the Dow Jones Industrial Average and Nasdaq index in correction territory with a decline of 1.08 percent Friday. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Ch...
The GovCon Index failed to hold momentum from a strong open Friday and closed at a decline of 1.181 percent to 73.739, which extends its current stretch of losses to three trading days. For the week, the Index recorded a loss of 4.31 percent and is down 6.27 percent from its Dec. 1, 2015 close...
The GovCon Index suffered a reversal from the prior day’s gain Wednesday to close at a decline of 0.7 points — or 0.910 percent — to 76.185 as U.S. investors reacted to more oil price declines and showed continued concerns about China’s economy. The S&P 500 plunged 1.31 percent to close at the 1, 990...
