Executive Mosaic’s GovCon Index fell into narrow range mid-morning after a positive open Friday as defense and contracting stocks ended the week-long rally ahead of the start of second quarter earnings season Tuesday. The GovCon Index posted a nominal loss of 0.004 points to 81.819 but ended the week up 1.257 percent, while the ...
July 11 – July 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   One of the world’s two largest airplane manufacturers is mulling acquisitions in the defense services arena that would continue a trend among prime contractors toward capability-based dea...
Executive Mosaic’s GovCon Index held higher for a fifth straight session Thursday on contributions from aerospace stocks Boeing (NYSE: BA) and General Dynamics (NYSE: GD) as U.S. financial markets received a boost from gains in JPMorgan (NYSE: JPM) shares. The GovCon Index rose 0.072 points to a record 81.823 as the S&P 500 compo...
Mike Dignam, former president and CEO at Virginia-based government logistics service contractor PAE, has been appointed to the same roles at CRDF Global in a move that takes effect Aug. 1. He will succeed Cathy Campbell, who has led the nonprofit over the past 10 years as CEO and will step down after a 14-year career there, ...
Executive Mosaic’s GovCon Index held positive throughout Wednesday trade as U.S. stocks traded in narrow range on a fall in crude oil prices with second quarter earnings season on the horizon. The GovCon Index gained 0.229 points to a new record of 81.751 with eight of the GCI’s 11 S&P 500 stocks in green as the U...
Executive Mosaic’s GovCon Index and the U.S. stock bellwether S&P 500 composite index closed at record highs Tuesday for the second consecutive day as markets continue to shed fears over potential ramifications from the Brexit and investors show more willingness to take risks. The GovCon Index recorded a gain of 0.416 points to 8...
Jacobs Engineering Group (NYSE:JEC) has received a $40.3 million task order from NASA‘s Johnson Space Center to carry out manned flight qualification tests on the agency’s Orion space capsule’s parachute system. Jacobs said Tuesday it will also produce, deliver and install flight parachutes for the first Orion E...
Michael Fey, president and chief operating officer at Sunnyvale, California-based security and network technology provider Blue Coat, will serve in the same roles at Symantec (Nasdaq: SYMC) upon completion of the latter company™s acquisition of Blue Coat. Symantec said Monday Fey will report to the incoming Symantec CEO Greg Clar...
Executive Mosaic’s GovCon Index closed above 81 points for the first time Monday as the S&P 500 composite index ended at a new record high as investors sought to carry Friday’s rally after the pre-market June jobs report then. The GovCon Index gained 0.293 points to 81.106 as seven of the 30 stocks hit n...
Chris Hetmanski, a more than 20-year satellite and telecommunications industry veteran, has joined UltiSat as chief technology officer of the Gaithersburg, Maryland-based managed network services provider Ultisat said Thursday he will oversee development of the company’s end-to-end technology and service offerings for custo...
