MBDA has received an estimated $239 million contract from the U.K. defense ministry to provide infrared air-to-air missiles for the country’s F-35 Lightning II fighter jet fleet. The Advanced Short Range Air-to-Air Missile will be the first missile from a U.K. company that will integrate with the Lockheed Martin-built (NYSE...
Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), told CNBC in an interview aired Tuesday that he thinks that all U.S. presidents tend to act the same way when it comes to the country™s defense and security of its citizens. Krone made the comment in response to a question on the potential impacts of the change...
Executive Mosaic’s GovCon Index closed at another all-time high Monday with 28 out of 30 companies including all 11 S&P 500-listed stocks in green and middle- to large-tier defense contractors as the session’s top advancers. L-3 Communications (NYSE: LLL) led all net gainers after the military technology maker was sele...
Executive Mosaic’s GovCon Index closed Friday down 0.148 points to 82.467 to end the week with a 0.315-point loss. The Index mirrored the larger U.S. market as the retail sales report for July showed no change from the previous month and manufacturing data fell below analyst expectations. Four of GCI’s S&P 50...
Executive Mosaic’s GovCon Index turned downward Friday to end at a weekly loss as U.S. stocks also held negative after July’s retail sales report showed no change from the previous month and new manufacturing data also fell below economists’ expectations. For the week, the Index registered a 0.315-point dec...
NASA has awarded six companies separate contracts worth up to $65 million combined to help the agency research concepts and develop ground prototypes for deep space habitats. Boeing (NYSE: BA), Lockheed Martin (NYSE:LMT), Orbital ATK (NYSE:OA), Sierra Nevada, Bigelow Aerospace and NanoRacks were chosen t...
Executive Mosaic’s GovCon Index posted an all-time high Friday with a gain of 0.535 points to 82.835 following the Labor Department‘s report that nonfarm businesses added 255, 000 jobs in July. The jobs report exceeded the forecast of 180, 000, a month after economists revised June’s jobs num...
Executive Mosaic’s GovCon Index hit a new all-time high and had its best day in nearly two months Friday and the U.S. stock bellwether S&P 500 composite index also closed at a record after the latest jobs report far exceeded economists’ expectations for the second straight month. The GovCon Index rose 0.535 p...
August 1 – August 5 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting™s M&A and financial aspects took center stage again this week and GovCon Wire hit on all the major events as Executive Mosaic™s home of market-moving news for ...
Executive Mosaic’s GovCon Index held lower Thursday against narrow movement by U.S. stocks as investors looked ahead to the July jobs report for release Friday before the opening bell. The GovCon Index declined 0.176 points to 82.300 and three of its 11 S&P 500-listed stocks closed in positive with Boeing (NYSE: BA...
