CGI™s (NYSE: GIB) federal business, Leidos (NYSE: LDOS) and Northrop Grumman (NYSE: NOC) have won spots on a Social Security Administration contract to provide information technology services. A FedBizOpps notice published Monday says the potential 10-year, indefinite-delivery/indefinite-quantity contract covers IT services ...
The U.S. Air Force has awarded a $349.1 million contract to Boeing (NYSE: BA) and a $328.6 million contract to Northrop Grumman (NYSE: NOC) to perform technology maturation and risk reduction work for the Ground-Based Strategic Deterrent intercontinentinal ballistic missile program. The Air Force Nuclear Weapons Center in Utah receive...
The Executive Mosaic GovCon Index (GCI) reversed last weeks downward trend to close up 0.133 percent to 99.026. Advancing and declining shares were almost evenly split on the day. The major indices closed mixed with minor movement in either direction. The S&P500 advanced 0.12 percent to 2,428.37, whil...
The State Department has given Romania the go-ahead to buy High Mobility Artillery Rocket Systems, other military equipment and related services from the U.S. government under a potential $1.25 billion foreign military sales agreement. Lockheed Martin (NYSE: LMT) is listed as the prime contractor for the transaction that covers HIMARS laun...
Weekly Roundup August 14 – August 18 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed a number of significant contract awards, many of which focused on R&D, space, IT services and missile defense. Let’s take a quick lo...
The Executive Mosaic GovCon Index (GCI) continued its upward trend from the 11th to close up 1.229 percent to 101.260. Advancing shares outpaced decliners 24 to 6. The major indices closed up today with the S&P500 advancing 1.00 percent to 2,465.84, while DJIA moved up by 0.62 percent t...
Weekly Roundup August 07 – August 11 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson At the tail-end of May the Department of Defense released its FY 2018 budget request, while the Comptroller of the Department of Defense published the Defense Budget Overview, a succi...
The Executive Mosaic GovCon Index (GCI) closed up 0.144 percent to 100.857. Advancers and decliners split even on the day. The major indices responded to heightened tensions between the U.S. and North Korea and closed slightly down for the day. The S&P500 off 0.04 percent while DJIA moved downward by 0.17 percent, and the NASDAQ C...
The Executive Mosaic GovCon Index (GCI) reversed direction to close down 0.261 percent to 100.760 . Decliners outpaced advancers 19 to 11. The major indices closed down for the day with the S&P500 off 0.24 percent, while DJIA moved slightly downward by 0.15 percent and the NASDAQ Composite was off 0.21 percent. Crude oil closed down on...
Markets responded positively to July employment reports which beat expectation. The Executive Mosaic GovCon Index (GCI) closed the week at 100.443 up 0.122 percent. At Friday’s close advancers outpaced decliners 18 to 12. The GCI was up 1.5 percent for the week. The major indices closed up on Friday. The S&P500 gained 0.19 percen...
