Executive Mosaic’s GovCon Index closed higher Tuesday with a strong performance by Boeing (NYSE: BA) the main contributor, while U.S. stocks ended slightly green despite an afternoon descent as investors eyed oil price declines. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as nine of its 11 S&P 500 components advanced ...
Executive Mosaic’s GovCon Index notched a small advance Monday on help from large aerospace-and-defense primes as U.S. stocks held lower without a major event as a driver of trading activity in equity markets. GovCon Index gainers and decliners split even at 15-each but eight of its 11 S&P 500 components gained with sev...
Stavatti Aerospace has announced plans to offer its Javelin military jet trainer and very light fighter aircraft to the U.S. Air Force‘s $16.3 billion T-X trainer program. The company said Friday the Javelin platform, which was derived from the Aviation Technology Group-built Javelin Mk-30 civil jet sportplan...
Executive Mosaic’s GovCon Index registered a 0.893-percent gain Friday to 89.263 as gainers outnumbered decliners by a 4-to-1 ratio. Huntington Ingalls Industries (NYSE: HII) was GCI’s top net performer and Cubic Corp. (NYSE: CUB) the top percentage performer. Friday’s climb comes as U.S. stocks surged with the Labor...
Executive Mosaic’s GovCon Index rose Friday on advances large and middle-tier defense primes as U.S. stocks climbed following the January jobs report and President Donald Trump’s new executive order to reduce regulations on the banking industry implemented after the 2008 crisis. GovCon Index gainers outnumbered decliners by a 4...
Executive Mosaic’s GovCon Index closed higher Thursday on strong performances by CACI International (NYSE: CACI) and Harris Corp. (NYSE: HRS) after both contractors reported quarterly earnings above Wall Street’s expectations. U.S. stocks in contrast ended mostly flat as investors waited Friday’s job report and weighed Preside...
Northrop Grumman (NYSE: NOC) and BAE Systems have ended a joint pursuit of the U.S. Air Force™s T-X trainer aircraft program, Breaking Defense reported Wednesday. œThe companies have decided not to submit a proposal for the T-X Trainer program, as it would not be in the best interest of the companies and their shareholders, ...
Matthew Bromberg, a 15-year veteran of United Technologies Corp. (NYSE: UTX) and president of the commercial engines aftermarket business of its Pratt & Whitney subsidiary, has been appointed to serve as president of the subsidiary’s military engines unit by May. Pratt & Whitney said Tuesday that Bromberg will succeed th...
https://www.youtube.com/watch?v=zCw25fNeP_Q Footage from Lockheed Martin’s T-50A....
Executive Mosaic’s GovCon Index closed flat Tuesday with large prime aerospace contractors the main laggards and services companies the predominant gainers as U.S. stocks also fell on continued investor uncertainty over White House policies. GovCon Index decliners outnumbered gainers 18-12 as three of its 11 S&P 500 com...
