The GovCon Index held positive for a sixth consecutive full trading session Wednesday with a gain of 0.751 points to 80.497 and achieved its first close above 80 points in 16 months. A weakening dollar helped lift U.S. stocks and multinational corporations in particular as commodities such as copper, gold and oil rose, according to Reuters....
Irvine, California-based company N2 Imaging Systems has landed an $81 million firm-fixed-price contract from the U.S. Army for the engineering, manufacturing, development and production of the Family of Weapons Sights – Sniper thermal sight system. The Defense Department said Friday the Army will use the clip-on thermal weapon sight ...
May 30 – June 3 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The time has come and gone for industry to throw their hats into the ring in pursuit of the contract to help construct the future nationwide broadband network for U.S. public safety agencies. Tuesday...
The First Responder Network Authority closed the process Tuesday for the submission of final bids from vendors interested in the contract to build a proposed national public safety broadband network for first responders. FirstNet CEO Mike Poth said Tuesday the agency will now move to the evaluation phase and plans to make a contract award...
The GovCon Index started the month of June with a gain of 0.507 points to 78.613 Wednesday as U.S. investors digested several reports to gauge the country’s economy ahead of Friday’s jobs report and Federal Reserve Chair Janet Yellen’s Monday speech. Lockheed Martin (NYSE: LMT) added $1.85 — or 0.78 p...
The GovCon Index posted a decline of 0.398 points to 78.106 Tuesday on losses by Boeing (NYSE: BA) and other large defense prime contractors but ended at a gain for May to record its fourth straight month of positive movement. The Index rose 2.523 percent for May and has climbed 7.763 percent for 2016 compared to the...
The GovCon Index closed down slightly 0.078 points to 78.195 with armored truck manufacturer Navistar International (NYSE: NAV) and CSRA (NYSE: CSRA) posting the largest percentage loses. CSRA conducted their fourth-quarter and full-year earnings call yesterday after the market close and posted mixed results, as reported in GovCon Wire. U...
The GovCon Index nudged out a gain of 0.081 points to 78.273 Wednesday on contributions from Boeing (NYSE: BA) and armored truck manufacturer Navistar International (NYSE: NAV). Boeing surged 1.07 percent and Navistar rose 9.09 percent, while shipbuilder Huntington Ingalls Industries (NYSE: HII) rebounded by one-ha...
Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie told investors Tuesday the company will consider an undefined range of options regarding Hewlett-Packard Enterprise‘s (NYSE: HPE)’s U.S. public sector business in conjunction with CSC’s merger into HPE’s enterprise services segment. Tysons, Virginia-based CSC is ...
FedBid has appointed Jim Spencer, former chief financial officer of iBiquity Digital Corporation, as CFO and executive vice president while Basil Gray, former Gray Areas president and CEO, was named vice president for sales and defense. The online reverse auction marketplace operator said Monday Spencer will head the company’sÂ...
