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Executive Mosaic’s GovCon Index closed Friday with a gain of 0.178 points to 79.718 and recorded a weekly climb of 3.216 percent as it continues to recover from the previous week’s losses following the “Brexit” referendum vote in the U.K. Friday was also the second consecutive session in whi...

Executive Mosaic’s GovCon Index descended into narrow range during afternoon trade after a strong morning session Friday but held in positive ahead of a three-day holiday weekend. The GovCon Index posted a gain of 0.178 points to 79.718 and ends the week up 3.216 percent in a sharp turnaround from Monday’s losses in t...

Executive Mosaic’s GovCon Index staged a second consecutive session of recovery Wednesday from the post-Brexit shock that loomed over global financial markets during the prior two trading days with McKesson Corp. (NYSE: MCK) as the top driver of gains with the prime defense stocks and platform also top performers. The GovCon Index closed ...

Aerojet Rocketdyne (NYSE: AJRD) will combine its six business units into defense and space organizations as part of a corporate reorganization effort. The company said Monday the future senior vice presidents of Aerojet Rocketdyne Inc.‘s defense and space businesses will report directly to Eileen Drake,  president and CEO of Aerojet R...

The GovCon Index lost two full percentage points for a second consecutive trading session Monday as global financial markets continued to indicate investor concerns over the prospects of Britain’s vote Thursday to leave the European Union. Executive Mosaic‘s GovCon Index closed down 2.004 percent to 75.777 with Vectrus (NY...

Raytheon™s (NYSE: RTN) subsidiary has been awarded an estimated $218 million contract to update monitoring and sensor systems at the Woomera test range in the country’s southern region, Australian Associated Press reported Monday. Max Blenkin writes the 47, 177-square-mile military facility currently houses missil...

The GovCon Index was no exception to the effects of Britain’s vote to leave the European Union on global financial markets Friday as the GCI recorded its worst one-day percentage drop of 2016 by 2.805 percent to 77.327. Friday’s plunge brought the GCI from a weekly gain to a five-day loss of 1.175 percent and cuts the...