Executive Mosaic’s GovCon Index recorded its best one-day gain in seven weeks Monday with a 2-percent gain that mirrored across-the-board rallies by U.S. stocks as investors welcomed the FBI‘s weekend letter to reiterate the agency’s stance that Hillary Clinton’s email usage was not a crime. The U.S. ...
Executive Mosaic’s GovCon Index enters the eve of the U.S. presidential election on a six-week streak of declines with Friday’s close at 78.088, up 0.024 points from Thursday. Both the GCI and U.S. stock market at-large have felt effects of election-related uncertainty among investors over the past month with frequent swings between...
Executive Mosaic’s GovCon Index gave back most of its morning gains Friday to close in narrow range on mixed large-cap stock performances and register its sixth straight weekly decline. Friday afternoon trading activity saw the GCI reset itself with the larger U.S. financial market as investors watched for new election-related developments and...
October 31 – November 4, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In this last full week before a most unusual election, the evolving narrative of a re-shaping government contracting landscape added more chapters as this week™s assortment of stories Go...
TYSONS CORNER, VA, Nov. 4, 2016 ” United Launch Alliance has scheduled the launch of DigitalGlobe‘s (NYSE: DGI) WorldView-4 commercial imaging satellite onboard its Atlas V 401 configuration rocket from the Vandenberg Air Force Base on Nov.11, ExecutiveBiz reported Thursday. The Lockheed Martin-built (NYSE: LMT) WorldV...
Executive Mosaic’s GovCon Index tumbled Thursday after Huntington Ingalls Industries (NYSE: HII) reported a year-over-year decline in third quarter earnings with GCI-S&P 500 companies also notable laggers as U.S. stocks also fell on investor worries over election uncertainty. GovCon Index advancers edged decliners 16-14 and three...
GovCon Index-listed companies Leidos Holdings (NYSE: LDOS) and Huntington Ingalls Industries (NYSE: HII) released third quarter financial results before markets opened Thursday with both contractors at different stages in major merger-and-acquisition activity. Leidos, the U.S.’ largest government services provider, raised f...
Military shipbuilder Huntington Ingalls Industries (NYSE: HII) has agreed to acquire government services contractor Camber Corp. for $380 million in a move to diversify revenue and add new information technology work with U.S. defense, intelligence and civilian agencies. Huntington Ingalls’ move for Camber comes in a year where other ...
Executive Mosaic’s GovCon Index closed narrowly down in the midst of a larger selloff in U.S. financial markets Wednesday as declines by defense primes offset gains on guidance boosts by government services contractors Booz Allen Hamilton (NYSE: BAH) and ICF (Nasdaq: ICFI) along with a sharp rise by McKesson Corp. (NYSE: MCK). B...
Executive Mosaic’s GovCon Index closed in narrow range Tuesday despite a majority of the session in positive as declines by aerospace and defense primes offset gains by Harris Corp. (NYSE: HRS) on news of a pending divestiture and Engility Corp. (NYSE: EGL) after quarterly earnings that exceeded Wall Street’s expectations. GovC...
