Executive Mosaic’s GovCon Index traded lower Wednesday with McKesson Corp. (NYSE: MCK) the worst net performer at more than double the decline of second-lowest Lockheed Martin (NYSE: LMT) as losses in healthcare shares dragged U.S. stocks into negative territory. General Dynamics was the only GovCon Index-S&P 500 compan...
Executive Mosaic’s GovCon Index traded lower against across-the-board gains by U.S. stocks Tuesday as declines by large prime defense contractors weighed on the GCI. GovCon Index gainers edged laggers but only four of the GCI’s 11 S&P 500-listed stocks closed green as Lockheed Martin (NYSE: LMT) and Northrop Grumm...
TYSONS CORNER, VA, Aug. 23, 2016 ” An affiliate of Concurrent Technologies Corp. will provide acquisition and technical support to Air Force Materiel Command headquarters under a $1.2 million subcontract from Dakota Consulting, ExecutiveBiz reported Monday. CTC said Friday Enterprise Ventures Corp. will also assist...
The U.S. State Department has approved a potential $124.02 million sale of Mk-V Fast Patrol Boats and related equipment to Qatar under a foreign military sales agreement with United States Marine Inc. as the principal contractor. The Defense Security Cooperation Agency said Tuesday Qatar’s request also includes eight M...
Lockheed Martin‘s (NYSE:LMT) mission systems and training business has secured a potential $79.6 million contract from the U.S. Navy to build a combat management system for Littoral Combat Ships. The Defense Department said Monday the contract covers the development and integration of hardware and software as well as combat system te...
August 15 – August 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The long-awaited, much-anticipated and well-documented merger of Leidos into the now former Lockheed Martin information technology and technical services business completed on Tuesday. As i...
The State Department has approved Afghanistan™s request to purchase crew-served and individual weapons and related support from the U.S. government under a potential $60 million foreign military sales agreement. Afghanistan asked to buy 4, 891 units of M16A4 rifles, 485 M240B machines guns and 800 M2 machine guns in support of the Afghan n...
Executive Mosaic’s GovCon Index rebounded Thursday from a two-session stretch of losses on a surge by CACI International‘s (NYSE: CACI) stock after the government services contractor topped Wall Street’s fourth quarter and full-year forecasts. Arlington, Virginia-based CACI said the February acquisition of the Nation...
ManTech International (Nasdaq: MANT) has received a potential five-year, $208 million cost-plus-fixed-fee task order from the Defense Technical Information Center to provide support for the U.S. Marine Corps Intelligence, Surveillance and Reconnaissance Enterprise. The company said Wednesday it will provide re...
Executive Mosaic’s GovCon Index dropped at least one full net point Tuesday for the first time since June 24 on a sharp drop in Lockheed Martin (NYSE: LMT) shares upon the defense contractor’s completion of the spinoff and subsequent merger of its government and technical services business into Leidos Holdin...
