Oshkosh (NYSE: OSK) has received a one-year, $176.1 million contract modification to build 409 Joint Light Tactical Vehicles for the U.S. Army. The Defense Department said Thursday Oshkosh’s defense business segment will perform work in Oshkosh, Wisconsin through Dec. 31, 2017. The Army Contracting Command obligated the full ...
Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned ...
The U.S. Air Force has launched a full and open competition on the development of a new Joint Surveillance Target Attack Radar System to support airborne battle management command-and-control, intelligence, surveillance and reconnaissance operations of joint and coalition forces. A request for proposal document for the JSTARS Recap...
Executive Mosaic’s GovCon Index tumbled Wednesday on notable declines by large defense and government services primes as U.S. stocks also fell with every major sector in negative territory to damper hopes of a Dow Jones Industrial Average close above 20, 000 before the year’s end. Two out of 30 GovCon Index stocks gained and no...
Executive Mosaic’s GovCon Index traded higher Tuesday to start the final trading week of 2016 as GCI-S&P 500 company Lockheed Martin (NYSE: LMT) led gains in conjunction with positive performances by mid- and lower-tier primes and services contractors. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and eig...
Gary Wang, a former chief technology officer at IBM (NYSE: IBM), and Peter O’Donoghue, a former vice president at CSRA (NYSE: CSRA), will serve as VPs within Unisys‘ (NYSE: UIS) federal business. Wang will oversee Unisys Federal‘s cloud-related products as VP for cloud and infrastructure services while O...
Executive Mosaic’s GovCon Index closed Friday with a 0.001-point gain to 88.541 to remain nearly flat in the last day of trading before the holiday. Financial markets were thinly traded and showed minor change before the weekend. Gainers in the Index outnumbered decliners 19 to 11. Market Summary Index Value Net Change % Change GovCo...
Executive Mosaic’s GovCon Index closed unchanged. Financial markets were thinly traded and showed minor change in preparation for the upcoming Holiday. The GovCon Index ending the day at 88.541 up 0.001 points or 0.001 percent. Gainers outplaced decliners 19 to 11. Market Summary Index Value Net Change % Change GovCon Index 88.541 +0.001 ...
President-elect Donald Trump has asked Boeing (NYSE: BA) to quote a competing price for its F-18 Super Hornet fighter aircraft citing cost overruns in the Lockheed Martin-built (NYSE: LMT) F-35 jet, Bloomberg reported Thursday. Anthony Capaccio and Alex Wayne write Trump made the announcement in a Twitter post Thursday a day after he ...
Our Roundup of 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Calendar year 2016 in the government contracting sector seemed to constantly give us a changing landscape to evaluate and try to forecast the short- and long-term effects of each significant development. Of course, 20...
