All market indicators were down today. The Executive Mosaic GovCon Index (GCI) closed down almost one per cent after three consecutive days of gains. The Index was negative 0.981 per cent closing at 95.395. Twenty-nine of the thirty stocks that make up the Index closed down. All the major indices closed in the negative today. At the...
Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee™s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for $28.5 billion more than ...
The Executive Mosaic GovCon Index closed down for the second day to 94.474 off 0.624 percent. Decliners outpaced advancers 4 to 1. The major indices all closed down with the S&P500 and DJIA continuing their slide from 6/19. The NASDAQ continuing it’s downward trend from 6/23. Markets showed hesitancy over Republicans slow movemen...
The Executive Mosaic GovCon Index closed down today 0.477 percent to 95.33. Advancing and declining shares were pretty much evenly split. The major indices closed mixed on the day with the S&P500 and DJIA down and the NASDAQ up. The continued drop in oil prices pulled energy and industrial stocks down, as technology stocks moved up. WT...
The U.S. Navy has awarded four companies positions on a potential eight-year, $492.4 million contract to provide increment III production units and related supplies for the service branch™s Automated Digital Network System. Leidos (NYSE: LDOS), Leonardo DRS, Science Applications International Corp. (NYSE: SAIC) and Serc...
The Executive Mosaic GovCon Index closed up for the sixth consecutive day with a mix of service providers and platform companies leading the pack. Officials at the Federal Reserve went ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation. Technology stocks slid to...
The Executive Mosaic GovCon Index pulled back for the second day to break through 95.00 to close down 0.729 percent to 94.680. Decliners outpaced advancers 13 to 1. The two gainers on the day were Navistar International (NYSE:NAV) up 3.03 percent, and Leidos Holdings up 0.09 percent. The three U.S. indices continued yesterdays retreat clos...
Stu Shea has been named Chief Executive Officer of MHVC Acquisition Corp., (MHVC) formerly Harris Corporation™s Government Services business, a recent acquisition of Veritas Capital. MHVC is operating as a standalone company and will launch the new brand soon, Veritas Capital announced in a press release. Previously, Shea was Presiden...
The Veterans Affairs Department has decided that it will forego the usual technology acquisition process and implement the same electronic health records (EHR) platform as the Defense Department, according to an announcement today from Secretary David Shulkin. œBecause of the urgency and the critical nature of this decision, I have decided that...
The Energy Department‘s National Nuclear Security Administration has awarded separate contracts for the operations and maintenance as well as security of the Nevada National Security Site near Las Vegas. A joint venture of Honeywell (NYSE: HON), Jacobs Engineering Group (NYSE: JEC) and Huntington Ingalls Industries‘ (NYSE:...
