Executive Mosaic’s GovCon Index closed above the 90-point mark for the first time since its October 2014 inception as Huntington Ingalls Industries (NYSE: HII) and services contractors led gains to offset declines by Northrop Grumman (NYSE: NOC) and other defense primes on a positive day for U.S. stocks. Monday’s stro...
The U.S. Navy looks to unload its Boeing-built F/A-18 Hornet fighter jets and buy F/A-18E/F Super Hornet aircraft to address a shortage of fighters jets aboard the service branch’s carriers, Reuters reported Saturday. Andrea Shalal writes a Navy official said the plan could be implemented as part of the fiscal year 2018 bud...
United Launch Alliance has received a $269.2 million contract modification to configure the Delta IV Heavy rocket as part of the U.S. Air Force‘s launch vehicle production requirement for fiscal year 2017. The Defense Department said Friday work will occur in Centennial, Colorado; Decatur, Alabama; and Cape Canaveral Air Fo...
Executive Mosaic’s GovCon Index traded higher Friday in a mixed session for U.S. stocks as investors looked at November jobs figures above economists’ expectations and furthered anticipation of an interest rate hike Dec. 14. The GCI ends at its fourth straight weekly advance, while the S&P 500 closed flat Friday on financial stock de...
November 28 – December 2, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Jack London, executive chairman of CACI International’s board of directors, is an iconic figure to the government contracting and Washington, D.C. business communities. Often referred to as the ...
Executive Mosaic’s GovCon Index closed in narrow range Thursday to start the final month of 2016 as sharp declines by government services contractors offset large gains for aerospace stocks in a session that saw U.S. stocks close mixed. GovCon Index decliners outnumbered advancers by a 2-to-1 ratio and five of its 11 S...
Booz Allen Hamilton (NYSE: BAH) Chief Financial Officer Lloyd Howell characterized to investors Wednesday the firm’s pending $250 million acquisition of digital services contractor Aquilent announced Tuesday as a “tuck-in, capability-based” versus other large scale-focused transactions in the industry over the past y...
Judy Marks, an executive vice president at the Dresser-Rand subsidiary of Siemens,  has been selected to succeed the retiring Eric Spiegel as CEO of the industrial conglomerate’s U.S. subsidiary in a move scheduled to take effect Jan. 1. “Judy has a deep knowledge of Siemens’ entire portfolio that will ...
Executive Mosaic’s GovCon Index ended at an all-time record close for a fourth session over the last five Tuesday and briefly touched the 90-point barrier for the first time in its two-year history during afternoon trade to resume its post-election rally with defense stocks in particular strong performers. The U.S. equ...
Executive Mosaic’s GovCon Index climbed 0.721 percent to 89.518 for the shortened trading session Friday to register a third consecutive record-high close as gainers outnumbered decliners by a 4-to-1 ratio. Huntington Ingalls Industries (NYSE: HII) was the GCI’s top net performer and Rockwell Collins (NYSE: COL) was t...
