The GovCon Index recovered from a plunge of more than 1 percent its first hour of trade Monday to end with a loss of 0.311 points to 71.629 in activity that mirrored reversals in U.S. stocks from negative to positive. Gains in technology shares such as Facebook and Google‘s parent Alphabet helped drive the recovery...
Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings report...
The GovCon Index showed a nominal gain of 0.076 points to 69.839 Thursday as investors with interest in the defense and government contracting industries digested a new round of earnings statements from more of the sector’s largest companies. Thursday’s close represents the Index’s second straight day that ended below 70 and extend...
The GovCon Index retreated with a loss of 1.295 percent to 70.580 Monday in a move that puts the Index back into a correction, or 10 percent off its most recent high, for the second time this month. Monday’s plunge starts a week in which investors who follow defense and government contracting sectors await a ...
Jan. 18 – Jan. 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Volatility in financial markets has become a fact of life all over the world and has sent investors questioning where the opportunities are in the midst of headwinds such as declining commodity pric...
The GovCon Index attempted to turn around sharp losses incurred mid-afternoon Friday during the day’s final trading hour and closed at a gain/loss of 0.086 points to 72.182. The Index had shown a decline of around 1.1 percent at around 2 p.m. Eastern time before a reversal that started shortly before 3 p.m. as U.S....
The GovCon Index attempted a recovery from steep morning and midday losses as Monday’s closing bell approached after another volatile day for U.S. markets but ended at a loss of 0.531 points to 73.407. Both the GovCon Index and S&P 500 composite index were down a full percentage point in mid-afternoon before a swing into...
The GovCon Index bounced wildly in and out of positive territory Tuesday morning and sharply rose in the afternoon session to close at a gain of 1.259 percent to 76.801. The S&P 500 composite index turned negative in the early afternoon session from a volatile morning period then swung again to a gain of almost...
Jeff Jancek, a 22-year U.S. Army veteran, has been named vice president at American Systems and director of the firm’s live, virtual and constructive training group. Jancek will be responsible for the group’s business opportunity identification and LVC program execution, American Systems said Monday. Pete Pflugrath, VP and general manage...
Boeing (NYSE: BA) has been awarded a potential 10-year, $855 million contract to integrate avionic systems and provide logistics support for the U.S. Air Force‘s fleet of T-38C Talon trainer jets. The Defense Department said Monday work is scheduled to occur through Jan. 3, 2026. Boeing will perform work at a company facili...
