Executive Mosaic’s GovCon Index held lower to start July’s first full trade week Tuesday as U.S. stocks stumbled on a decline in crude oil prices that weighed on energy stocks and new investor uncertainty over Britain’s June 23 vote to leave the European Union. The GovCon Index ended its four-day gain streak with a decline of&...
Raytheon (NYSE: RTN) has received a potential $291.8 million contract modification from the U.S. Navy to build 660 full-rate production Lot 16 AIM 9X Block II Sidewinder tactical missiles and related components for several domestic and foreign military customers. The Defense Department said Friday the modification also includes 2...
Executive Mosaic’s GovCon Index descended into narrow range during afternoon trade after a strong morning session Friday but held in positive ahead of a three-day holiday weekend. The GovCon Index posted a gain of 0.178 points to 79.718 and ends the week up 3.216 percent in a sharp turnaround from Monday’s losses in t...
June 27 – July 1 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As massive the selloff was in global financial markets in the wake of June 23’s œBrexit vote in the U.K., so was the reversal in equities after investors took a deep breat...
General Dynamics‘ (NYSE: GD) NASSCO subsidiary has received a potential $3.2 billion contract from the U.S. Navy to design and build six replenishment oilers. The Defense Department said Thursday the contract has a base value of $640 million for the initial T-AO 205 class fleet replenishment oiler, which could be followed by&nbs...
An ASRC Federal business unit has won a 10-year, $207.9 million contract with the U.S. Air Force to provide on-site test operations, engineering and technical personnel for the Air Force Research Laboratory. The Defense Department said Thursday personnel from ASRC Federal’s space and defense segment — ...
Airbus Group and Safran have completed the merger of their space launch operations through a joint venture in an effort to support commercial sector clients in Europe. Safran will pay approximately $835 million to Airbus in order to acquire a 50-percent stake in Airbus Safran Launchers joint venture, Airbus said Thursday. Airbus CEO Tom Enders...
Executive Mosaic’s GovCon Index added at least one full percentage point for the second session in three Thursday to complete a reversal of its losses stemmed from the two-day selloff in global financial markets after Britain’s Thursday vote to leave the European Union. The GovCon Index closed up 2.066 percent to 79.5...
The U.S. Navy has awarded 21 companies positions on a potential five-year, $750 million contract to provide command-and-control systems and related support services to the Department of the Navy. The Space and Naval Warfare Systems Center Atlantic in Charleston, South Carolina, awarded the indefinite-delivery/indefinite-quantity contract throug...
The Federal Retirement Thrift Investment Board has awarded investment consulting contracts valued at up to $4 million each to AON Hewitt Investment Consulting, Mercer Investment Consulting, NEPC and RVK, Federal News Radio reported Tuesday. David Thornton writes the companies will bid on financial management and s...
