The State Department has approved Kuwait™s request to buy gap-filler radars and related support from the U.S. government under a potential $194 million foreign military sales agreement. Kuwait asked to procure six gap-filler or short-range radars and a long-range radar as well as services to support updates to the AN/FPS 117 (V)3 long...
Executive Mosaic’s GovCon Index pared much of its losses during afternoon trade Thursday but failed to close in green as Cubic Corp. (NYSE: CUB) tumbled after the company warned full-year earnings and revenue would fall below prior guidance on funding delays from the Defense Department. GovCon Index gainers slightly edged laggers aft...
TYSONS CORNER, VA, Oct. 11, 2016 ” DigitalGlobe (NYSE: DGI) and its partners target the period between late October and early November to launch the Lockheed Martin-built (NYSE: LMT) WorldView-4 satellite, ExecutiveBiz reported Monday. The team comprised of DigitalGlobe, United Launch Alliance and the U.S. Air Force have po...
Executive Mosaic’s GovCon Index returned above the 80-point barrier Monday on strong gains by Boeing (NYSE: BA) and services-oriented companies as energy shares led U.S. stocks higher in conjunction with a rise in crude oil prices. GovCon Index gainers outnumbered laggers at a 6-to-1 ratio but five of its 11 S&P 500 componen...
October 3 – October 7, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The stalwart GovCon technology maker L-3 Communications extended its profile as an active player in the merger-and-acquisition scene this week and closed its first buys since a large business divest...
Executive Mosaic’s GovCon Index held higher against narrow trading activity in U.S. financial markets Thursday on strong performances by CACI International (NYSE: CACI) and defense platform makers as Booz Allen Hamilton (NYSE: BAH) rallied to recoup one-half of losses from a steep fall Wednesday. ThursdayR...
Executive Mosaic’s GovCon Index traded higher Wednesday with Boeing (NYSE: BA) the largest contributor with services-oriented contractors also leaders of gains as U.S. stocks rose on investor confidence in a strengthening domestic economy after the release new data. GovCon Index advancers slightly edged laggers and sev...
Executive Mosaic’s GovCon Index declined Tuesday with major defense primes and large services companies the major contributors to its losses as U.S. stocks also tumbled on a stronger dollar and a muted global outlook from the International Monetary Fund. GovCon Index gainers outnumbered laggers by a 2-to-1 ratio, McKesson Corp. ...
General Atomics™ aeronautical systems business has received a potential one-year, $44 million contract to perform risk reduction efforts for the U.S. Navy™s MQ-25 unmanned carrier aerial system program. The contractor will develop trade space and refine concepts in support of requirements generation prior to the program™s enginee...
The U.S. Navy has awarded a pair of sole-source contracts to a BAE Systems subsidiary and Boeing (NYSE: BA) for support work on the military branch’s Trident II D5 fleet ballistic missile system. BAE Technology Solutions and Services will provide systems engineering and integration services for the Trident FBM under a contract that c...
