Executive Mosaic’s GovCon Index closed Friday down 0.148 points to 82.467 to end the week with a 0.315-point loss. The Index mirrored the larger U.S. market as the retail sales report for July showed no change from the previous month and manufacturing data fell below analyst expectations. Four of GCI’s S&P 50...
Executive Mosaic’s GovCon Index turned downward Friday to end at a weekly loss as U.S. stocks also held negative after July’s retail sales report showed no change from the previous month and new manufacturing data also fell below economists’ expectations. For the week, the Index registered a 0.315-point dec...
Executive Mosaic’s GovCon Index staged a rally Thursday to barely miss a new record close as Orbital ATK (NYSE: OA) regained some ground from a record plunge in the previous session and Lockheed Martin (NYSE: LMT) rose to a new 52-week high in intraday trade. The Index closed 0.179 points shy of the current record close set...
Booz Allen Hamilton (NYSE: BAH) has won a potential $52.5 million task order from the Defense Health Agency to assist the assistant defense secretary for health affairs in efforts to implement action plans resulting from the Defense Department‘s military health service review. DoD said Tuesday the company will pro...
Executive Mosaic’s GovCon Index traded downward Tuesday on sharp declines in Boeing (NYSE: BA) and major services-oriented contractors while Harris Corp. (NYSE: HRS) soared 2.71 percent on news of its board of directors membership agreement with activist hedge fund Jana Partners. The GovCon Index declined 0.316 po...
Executive Mosaic’s GovCon Index closed Friday down 0.065 points to 82.248 to post weekly and monthly gains of 0.460 points and 5.58 percent, respectively. The Index remained in neutral range following second-quarter earnings reports from government contractors such as Raytheon (NYSE: RTN), L-3 Communications ...
Executive Mosaic’s GovCon Index remained stuck in neutral range for a second consecutive session Friday as investors continued to gauge second quarter earnings reports from government contractors with additional statements due next week. The GovCon Index nudged down 0.065 points to 82.248, which puts the GCI at respective gains ...
July 25 – July 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A new earnings season continued to dominate investors™ attention spans this week and those with keen interests in the aerospace, defense and government contracting sectors were no exception. Eleven ...
Executive Mosaic’s GovCon Index struggled for clear direction Thursday strong gains by Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) on second quarter earnings reports were offset by large plunges from McKesson Corp. (NYSE: MCK) and Boeing (NYSE: BA). The GovCon Index recorded a decline of 0.061 points to 82.313 with s...
Northrop Grumman‘s (NYSE: NOC) chief executive signaled to investors Wednesday that he would rather reposition its technology services segment to different focus areas rather than pursue a sale or spinoff of the division. Falls Church, Virginia-based Northrop created the technology services segment at the start of this year from a rea...
