Executive Mosaic’s GovCon Index registered a 0.162-point climb Friday to 89.761 and closed the week in the positive. Lockheed Martin (NYSE: LMT) was GCI’s top net performer while Honeywell (NYSE: HON) led the Index in percentage gained. The Index’s gain follows the latest jobs report from the Labor Dep...
Executive Mosaic’s GovCon Index closed the week slightly higher Friday as the Dow neared the 20.000 mark. The major markets enjoyed a shot in the arm from The Labor Department’s report that 156, 000 new jobs were added in December. Advancers equaled decliners on the day with the GovCon Index closing up 2.0% on the short...
IMI Systems has secured a potential seven-year, $450 million contract to provide munitions to Israel’s infantry and armor units, Defense News reported Monday. Barbara Opall Rome writes that Israel’s defense ministry said the multiyear procurement effort will help the Israeli armed forces to resupply the country’s inventory of...
Executive Mosaic’s GovCon Index moved slightly lower Thursday on a mixed market closing with the Dow and S&P 500 down and NASDAQ up. The board markets closed down as retail stocks dropped on reports of disappointing holiday results. Huntington Ingalls lead the GovCon Index once again for the fourth consecutive day of gains, up almost ...
Executive Mosaic’s GovCon Index moved higher for the second day in a row Wednesday on broad gains across almost all of the thirty stocks that make up index. The Dow Jones Industrial moved ever closer to the 20, 000 mark, closing at 19, 942.16 up 0.30 percent. GovCon Index gainers outnumbered laggards by a 14-to-1 ratio...
TYSONS CORNER, VA, Jan. 4, 2017 ” The Centers for Disease Control and Prevention has awarded ICF nine contracts worth a total of $34.4 million to provide campaign development services for the organization’s public health programs, ExecutiveBiz reported Tuesday. The company said Friday it will provide research, creative, dig...
Executive Mosaic’s GovCon Index moved higher Tuesday on broad gains among defense primes as U.S. stocks closed significantly higher with the Dow Jones Industrial flirting with the 20, 000 mark. GovCon Index gainers outnumbered laggards by a 3-to-1 ratio Tuesdayy and nine of its 11 S&P 500 components advanced with co-listed ...
Executive Mosaic’s GovCon Index registered a loss Friday to close what was only its second weekly decline since the Nov. 8 election of Donald Trump and end December in the negative. GCI decliners outnumbered gainers by a 3-to-1 ratio in the last trading session of 2016, while 25 out of 30 Index companies advanced on a yearly bas...
Executive Mosaic’s GovCon Index retreated Friday in the final trading session of 2016 to close a negative December but but a positive year on a boost to defense stocks in the post-election rally that has swept through U.S. markets. The GovCon Index closes 2016 with a year-to-date gain of 16.73 percent as the U.S. stock...
The U.S. Navy has awarded a Raytheon (NYSE: RTN) business unit a $207.9 million foreign military sale contract to manufacture Stinger FIM-92H and FIM-92F Block 1 missiles and associated equipment for three international customers. Raytheon Missile Systems will also deliver captive flight trainers, other training devices and related sp...
