Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors. Thursday also represented the GovCon Index’s first day of...
Executive Mosaic’s GovCon Index added 1 percent Wednesday to record its best session in two months and close above 80 points for the first time since Sept. 12 with 29 out of 30 stocks in positive after the Federal Reserve left benchmark interest rates unchanged and signaled a potential move in December. All of the GovCon...
TYSONS CORNER, VA, Sept. 21, 2016 ” DigitalGlobe‘s (NYSE: DGI) WorldView-4 imaging satellite will launch to space no earlier than Sept. 26 to capture panchromatic- and multispectral-resolution images of Earth, ExecutiveBiz reported Tuesday. United Launch Alliance said Sunday the launch of the Lockheed Martin-built (NYSE: LM...
Executive Mosaic’s GovCon Index rose Monday in an attempt to close above the 80-point barrier for the first time since Sept. 12 on gains by large defense primes and services-oriented companies. The GCI’s positive movement contrasted activity in U.S. financial markets as stocks turned south in the final hour of trade a...
Wiener Kernisan, formerly vice president of sales and marketing at Arianespace‘s U.S. subsidiary, has been promoted to president of the Arianespace Inc. business effective Sept. 26. The France-based multinational company said Friday Kernisan will manage customer, industry and governmental relations at its Was...
Executive Mosaic’s GovCon Index closed in the negative Friday with a 0.953-percent or 0.760-point drop to 78.957. The Index also recorded a weekly decline ahead of the Federal Reserve‘s two-day meeting on Sept. 20 and 21. All of GCI’s S&P 500 stocks posted losses in Friday’s session while four reg...
Executive Mosaic’s GovCon Index held negative Friday to end at a weekly decline as U.S. stock markets extended the current stretch of sharp swings between gains and losses as the Federal Reserve‘s next two-day meeting looms for Tuesday and Wednesday. Decliners outnumbered advancers 9-to-1 and all of the GovCon Index’s S&P ...
Boeing (NYSE: BA) has raised concerns about a decision of Denmark to choose the Lockheed Martin-built (NYSE: LMT) F-35 over the former’s F/A-18 to serve as the next fighter aircraft platform for the Danish military, the Wall Street Journal reported Thursday. Robert Wall and Doug Cameron write that Denmark’s defense ministry sa...
The GovCon Index rallied Thursday to extend its current stretch of volatility into a fifth straight session as large primes and S&P 500-listed contractors led advancers in conjunction with gains in the larger U.S. stock market on economic data traders view as a factor against a September interest rate hike. The GovCon Index has ad...
David Clark, vice president of business operations at SC3, has been promoted to chief financial officer at the Alexandria, Virginia-based federal technology and consulting services contractor. Clark will oversee SC3™s financial and corporate functions in the areas of procurement, accounting, pricing, financial analysis and contracts, the c...
