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The GovCon Index closed Friday with a gain of 0.348 points to 74.380 on positive movement in U.S. markets and posted a weekly gain of 1.273 percent. The U.S. markets’ performance is based on jobs data that indicates nonfarm businesses added 215, 000 workers in March to surpass analyst expectations, according to Reuters...
The GovCon Index posted a gain of 0.348 points to 74.380 in a reflection of overall positive movement in U.S. markets Friday on March jobs figures that exceeded some economists’ expectations and new manufacturing data that showed some recovery in that sector. Both the Index and S&P 500 composite index held downward in the first hour-a...
The GovCon Index had its three-day streak of gains halted Thursday with a slight decline of 0.302 points to 74.032 that ends the first quarter of 2016 in the negative as many GCI contractors prepare to detail their January-March financial results. From Dec. 31, the Index has fallen 2.242 percent on volatility in GCI sto...
James Reagan, Leidos Holdings chief financial officer , has been inducted into Executive Mosaic’s Wash100 List of the most influential leaders in GovCon for his leadership in mergers and acquisitions and financial structure. The Wash100 is the premier group of private and public sector leaders selected by Executive Mosaic...
Science Applications International Corp. (NYSE: SAI) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings for both its 2016 fiscal year and fourth quarter that came in above analyst forecasts. The McLean, Virginia-based contractor’s full-year earnings totaled $2.85 per share to exceed Wall S...
John Hartley, an executive vice president and chief financial officer of Science Applications International Corp. (NYSE: SAIC), is set to depart the company by the end of June after a 15-year career there. He said in a statement published Thursday he is leaving the McLean, Virginia-based government services contractor to spend more ti...
Mar. 14 – Mar. 18 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A Vienna, Virginia-based contractor that has been among the most prominent small businesses in federal contracting has started a new path in its two-decade journey from humble beginnings. Indus Corp., th...
Retired U.S. Army Lt. Gen. Patricia Horoho, a former army surgeon general and head of the branch’s medical command, will join Accenture‘s (NYSE: ACN) U.S. government services subsidiary on April 6 as leader of the defense health practice. Accenture Federal Services said Wednesday she will oversee the pr...
The GovCon Index rebounded 1.541 percent to 73.980 Friday with all 30 stocks up in movement that mirrored U.S. stocks’ recovery on a sharp rise in crude oil prices and investor confidence in the European Central Bank’s latest stimulus initiative. Friday’s close puts the Index up at a nominal 0.053 points over five da...
The GovCon Index tumbled from a positive open and failed to climb back into a gain Thursday with a decline of 0.185 points to 72.857 as markets reacted to the European Central Bank’s series of interest rate and stimulus announcements earlier in the day and lower oil prices. U.S. stocks entered volatility mid-morning with the S&a...
