Executive Mosaic’s GovCon Index turned positive in mid-afternoon trade Wednesday along with U.S. stocks after reports surfaced that major oil producing countries reached an agreement to limit global supply with more details due in November. GovCon Index gainers outnumbered laggers at a 4-to-1 ratio and eight of its 11 S&P 500 compani...
Joe Kelly, a 25-year Defense Department and 15-year government contracting veteran, has joined cybersecurity services company Assured Enterprises as vice president of federal sector operations. Assured said Tuesday Kelly formerly served as acting chief information officer for the Privacy and Civil Liberties Oversight Board — an&...
Executive Mosaic’s GovCon Index rebounded Tuesday on gains by defense technology makers as U.S. stocks also rose with jumps by technology and retail shares in conjunction with investor optimism on new consumer confidence data. GovCon Index gainers outnumbered laggers at a 4-to-1 ratio and all 11 of its S&...
Executive Mosaic’s GovCon Index showed little change Monday to start September’s final trading week as U.S. stocks declined on investor anticipation over the first U.S. presidential debate to take place six weeks before the Nov. 8 election. GovCon Index decliners outnumbered gainers at a 2-to-1 ratio and two of its&nb...
September 19 – September 23 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson KBR™s expansion move into the U.S. and global government services markets became official on Monday when the Houston-based engineering company closed its $300 million purchase of the busin...
DRS Technologies has won a potential five-year, $339.3 million contract from the U.S. Army to support the military service’s Joint Effects Targeting System initiative. The Army Contracting Command received two offers for the firm-fixed-price contract and will determine performance location with each order, the Defense Department said...
Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors. Thursday also represented the GovCon Index’s first day of...
Jim Chilton, vice president of strategic missiles and defense systems at Boeing (NYSE: BA), has been promoted to president of the aerospace and defense contractor’s network and space systems business in a move that takes effect Oct. 21. Boeing said Thursday the 32-year company veteran will succeed Craig Cooning, who ha...
Executive Mosaic’s GovCon Index added 1 percent Wednesday to record its best session in two months and close above 80 points for the first time since Sept. 12 with 29 out of 30 stocks in positive after the Federal Reserve left benchmark interest rates unchanged and signaled a potential move in December. All of the GovCon...
Executive Mosaic’s GovCon Index closed in narrow range Tuesday after Cowen and Company downgraded the stock of military shipbuilder Huntington Ingalls Industries (NYSE: HII) and GCI decliners over gainers at roughly 2-to-1 ratio. Newport News, Virginia-based Huntington Ingalls ended as the GovCon Index’s worst net performe...
