Executive Mosaic’s GovCon Index closed higher Thursday on strong performances by CACI International (NYSE: CACI) and Harris Corp. (NYSE: HRS) after both contractors reported quarterly earnings above Wall Street’s expectations. U.S. stocks in contrast ended mostly flat as investors waited Friday’s job report and weighed Preside...
Executive Mosaic’s GovCon Index posted a 0.257-percent gain to 88.929 Friday despite decliners outnumbering gainers by a 2-to-1 ratio as General Dynamics (NYSE: GD) recorded an all-time high on a positive three-year sales outlook. General Dynamics, which was GCI’s top net and percentage performer, said in an earn...
Executive Mosaic’s GovCon Index held positive Friday to end the week flat despite a majority of its 30 stocks in negative territory as S&P 500-listed General Dynamics (NYSE: GD) surged to an all-time record high during the session after the defense contractor issued a bullish three-year sales outlook. U.S. stocks traded slightly lower afte...
TYSONS CORNER, VA, Jan. 27, 2017 ” NASA and the industry team working on the James Webb Space Telescope have resumed vibration tests following a shutdown of assessments in December due to a sensor reading anomaly, ExecutiveBiz reported Thursday. The team comprised of Goddard Space Flight Center, Northrop Grumman (NYSE: NOC), Orbi...
https://www.youtube.com/watch?v=v6ihVeEoUdo Northrop Grumman is proud to lead the industry team building NASA’s James Webb Space Telescope. This revolutionary observatory is the largest telescope built for space and the most powerful infrared telescope ever made. It is the scientific successor to the Hubble Space Telescope. The Webb telescope ...
A subsidiary of Honeywell International (NYSE: HON) has received a notice to proceed from the National Nuclear Security Administration to start the transition efforts for the operation and management of Sandia National Laboratories. National Technology & Engineering Solutions of Sandia will assume management responsibili...
Raytheon (NYSE: RTN) and Leonardo have decided to end their partnership to compete for the U.S. Air Force’s T-X trainer aircraft program after the companies failed to “reach a business agreement, †Defense News reported Wednesday. Aaron Mehta and Valerie Insinna write Leonardo said in a statement published Wednesday th...
Executive Mosaic’s GovCon Index held onto its gain Wednesday with help from Boeing (NYSE: BA) on the airplane maker’s fourth quarter results above analyst forecasts to offset the decline by Textron (NYSE: TXT) after its October-December figures disappointed Wall Street. U.S. stocks by comparison hit all-time highs again in comparison as...
The State Department has approved Kuwait™s request to buy advanced medium range air-to-air missiles and logistics support for Boeing-built (NYSE: BA) AH-64D Apache helicopters under a pair of foreign military sales agreements worth approximately $510 million combined. Kuwait requested to procure contractor logistics and sustainme...
Executive Mosaic’s GovCon Index tumbled in conjunction with larger declines on Wall Street Monday as investors retreated from equities after President Donald Trump signed an executive order to withdraw from the 12-country Trans-Pacific Partnership trade agreement. GovCon Index decliners outnumbered gainers by a 4-to-1 ratio and two o...
