Executive Mosaic’s GovCon Index set a third straight record-high close Friday to a third consecutive weekly gain in a shortened U.S. stock trading session as financial markets closed at 1 p.m. Eastern time. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and all 11 of its S&P 500 stocks closed green wi...
November 21 – November 23, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Interest rates are all but certain to go up in December and one large defense contractor has seemingly gotten ahead of the game to make one more big buy before the Federal Reserve moves....
Canada plans to buy 18 Boeing-built (NYSE: BA) F/A-18E/F Super Hornet aircraft from the U.S. government on a temporary basis for an undisclosed amount in an effort to support the country™s existing fleet of CF-18 fighter jets, National Post reported Tuesday. David Pugliese writes Canada™s liberal government announced th...
Carey Smith, former president of Honeywell‘s (NYSE: HON) defense and space business, has joined Parsons Corp. as president of the Pasadena, Calif.-based engineering and infrastructure services contractor’s U.S. federal business unit. Parsons said Tuesday Tom Roell will return to his full-time post as vice chairman and chief risk adviser ...
TYSONS CORNER, VA, Nov. 22, 2016 ” Aerospace Industries Association has elected Roger Krone, Leidos (NYSE: LDOS) chairman and CEO, to its executive board of governors for 2017, GovCon Executive reported Friday. Krone will join Boeing (NYSE: BA) CEO Dennis Muilenburg and Raytheon (NYSE: RTN) CEO Thomas Kennedy, who will respectiv...
Stephen Seay, a retired U.S. Army general, and Lockheed Martin (NYSE: LMT) veterans John Horvath and Richard Boggs have joined the board of directors at simulation and training services contractor Quantum3D Government Systems. Quantum3D Government Systems said Monday that Seay, Horvath and Boggs will support the companyR...
Executive Mosaic’s GovCon Index advanced for a third consecutive session Monday on a mix of contributions from large primes and services stocks but a sharp fall by Cubic Corp. (NYSE: CUB) pared the GCI’s gain after the contractor’s guidance missed analysts’ expectations. GovCon Index gainers outnumbered decliners by...
November 14 – November 18, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the country™s œBig Three credit rating agencies has bolstered its view of the government contracting sector™s prospects under incoming President Donald Trump and in particular d...
The State Department has approved Qatar’s request to buy 72 Boeing (NYSE: BA) F-15 aircraft, weapons, related support, equipment and training services under a potential $21.1 billion foreign military sales agreement. The Defense Security Cooperation Agency said Thursday the agreement aims to support political stability and ...
Executive Mosaic’s GovCon Index traded lower Wednesday on sell-offs in its largest defense prime components as U.S. stocks also held modestly down with financial stocks and utilities among the most notable decliners. GovCon Index laggards outnumbered gainers by a 2-to-1 ratio and all 11 of its S&P 500 components fell with Lo...
