Three companies listed in Executive Mosaic’s GovCon Index reported quarterly financial results before U.S. financial markets opened Thursday with one in-line against analyst expectations for earnings per share and below on revenue and the other two contractors above Wall Street’s outlook for both figures. Dulles, Virginia-based spaceÃ...
The GovCon Index slid for a second consecutive session Wednesday by 0.498 points to 75.867 as U.S. financial markets entered sell-off mode on new data that showed a slowdown in hiring for the month of April. Harris Corp. (NYSE: HRS) extended its stretch of declines into a second straight day after the communications equipment manufact...
The GovCon Index held negative throughout Tuesday trade and closed at a decline of 0.489 points to 76.365 with Harris Corp. (NYSE: HRS) as the largest lagger after another full-year guidance cut by the military radio maker. Melbourne, Florida-based Harris fell 5.48 percent — or $4.43 – after the company redu...
TYSONS CORNER, VA, May 3, 2016 ” A Vencore subsidiary will provide data analytics and consulting support to the U.S. Securities and Exchange Commission under a potential $5.6 million task order contract, ExecutiveBiz reported Friday. The company said Thursday Vencore Labs will work with Promontory and utilize data modeling, ...
Harris Corp. (NYSE: HRS) — an S&P 500 company listed in Executive Mosaic’s GovCon Index — has cut full-year revenue guidance for a second consecutive quarter in its current fiscal year with this reduction due to a slowdown in tactical communications product demand from the Middle East. The Melbourne, Florida...
Atlanta-based healthcare and medical logistics contractor DLH Holdings Corp. (NASDAQ: DLHC) has purchased health information technology and program management services provider Danya for $38.75 million cash-and-stock in a push to expand both business’ federal market footprints. DLH said Tuesday the deal value includes ...
The GovCon Index started the first week of May with a gain of 0.493 points to 76.854 in an attempt at a recovery from two days of sharp losses incurred Thursday and Friday for the final days of April trade. Cubic Corp. (NYSE: CUB) closed up 6 cents to $41.63 with 309, 200 shares traded versus the 10-day average...
Jay Nussbaum, chairman of the board at Drone Aviation Holding Corp. since June 2015, will serve in the additional role of CEO at the Jacksonville, Florida-based tethered and unmanned aerial systems manufacturer. The nearly 40-year sales and business management veteran succeeds Kevin Hess, who has moved to his new role as chief technology o...
Susan Balaguer, formerly senior vice president of human resources at CACI International (NYSE: CACI), has joined Chantilly, Virginia-based government services contractor Engility (NYSE: EGL) as SVP and chief human resources officer. She will report directly to Engility CEO Lynn Dugle and will bring more than 2...
April 25 – April 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson First quarter earnings season has given investors with keen interest in the aerospace, defense and government contracting sectors a smorgasboard of items to consider as they gauge the industry’s ...
