Editor’s Note 7/13/17: The Defense Department said the contract for Pratt and Whitney was mistakenly announced on July 11 and has not yet been awarded. The U.S. Air Force has selected Northrop Grumman (NYSE: NOC) and United Technologies Corp.‘s (NYSE: UTC) Pratt and Whitney subsidiary as additional awardees on a potential seven...
All the market closed trading Friday in the positive on the day. The Executive Mosaic GovCon Index (GCI) reached a 30 day high to close at 96.626 up 1.33 percent with twenty eight of the thirty stocks that make up the index closing positive. The major indices closed strong on Friday responding the June Jobs Report posting...
All market reversed their downward direction from yesterday and closed up strongly today. The Executive Mosaic GovCon Index (GCI) reached a 30 day high to close at 96.626 up 1.33 percent with twenty eight of the thirty stocks that make up the index closing positive. All the major indices reversed yesterdays downward direction closing up to...
Weekly Roundup July 3 – July 7 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Open source intelligence, or OSINT, has existed as a concept for decades, but is enjoying a resurgence in corporate and public interest. The federal government, and the intelligenc...
Returning after the Independence Day Holiday the markets closed mixed. The Executive Mosaic GovCon Index (GCI) closed up for the third straight day to 96.213 a gain of 0.172 percent threatening to set a new high. Advancers outpaced decliners 2 to 1. The top five ‘Net Performers‘ were major platform companies that are all S&...
In observance of Independence Day the markets closed at 1:00 PM today and will be closed tomorrow. The Executive Mosaic GovCon Index (GCI) closed up 0.849 percent to 95.656 approaching a 30 day high. 25 of the 30 stocks that make up the Index where in the positive. Huntington Ingalls was near the top of the GCI...
Global private equity firm H.I.G. Capital has agreed to acquire Reston, Virginia-based government information technology services provider NCI (Nasdaq: NCIT) for approximately $283 cash, or $20 per share. NCI said Monday its board of directors unanimously approved the proposed sale and that founder and Chairman Charles Narang will tender all of...
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 ...
Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has secured a potential $5.2 billion contract to build H-60 Black Hawk helicopters for the U.S. Army and foreign military sales customers. The contract has an initial value of $3.8 billion and covers the production of 257 units of the UH-60M utility and HH-60M medical evacuation variants, ...
United Launch Alliance has won a potential $191.1 million contract to help the U.S. Air Force send into orbit a new satellite designed for space test missions. The Lockheed Martin (NYSE: LMT)-Boeing (NYSE: BA) joint venture will produce a launch vehicle and support mission integration, spaceflight worthiness and launch operations of the Sp...
