The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions. Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Huntin...
The GovCon Index hit negative twice during the late morning and noon hours of trade Monday but closed up 0.153 points to 77.359 on gains by healthcare stocks to help offset declines from energy and utility shares on lower oil prices. McKesson Corp. (NYSE: MCK) ended Monday as the GovCon Index’s largest net gainer at $3.36 while ...
The GovCon Index closed Friday with a 0.634-point increase to 7.206 amid buying activity in U.S. financial markets. The GCI also posted a weekly gain of 0.845 points as earnings reports from contractors over the past week — including Huntington Ingalls Industries (NYSE: HII), Engility Holdings (NYS...
May 2 – May 6 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The first full week of May represented another checkpoint for investors to gauge the financial performance of the U.S.™ largest government contractors and get an idea of what the domestic and global GovCon...
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...
TYSONS CORNER, VA, May 2, 2016 ” Deloitte‘s digital arm has used the Salesforce platform to build an online tool designed to support the submission and handling of requests for business licenses and permits, ExecutiveBiz reported Thursday. The cloud-based businessCONNECT tool works to support the transparency of licens...
The GovCon Index deepened its slide Friday with a loss of 0.481 points to 76.361 that puts the GCI at a weekly decline but a sharp gain for the month of April as earnings reports for large government contractors dominated trading activity Monday through Friday. April represents the Index’s third consecutive month with positive moveme...
Raytheon has received a $90 million contract to produce a new multi-spectral targeting system variant for the U.S. Air Force. The AN/DAS-4 MTS sensor works to provide soldiers with intelligence data derived from aerial tactical sensors to help them detect and engage airborne targets, the company said Friday. AN/DAS-4 has a three-color diode pump las...
TYSONS CORNER, VA, April 28, 2016 ” Huntington Ingalls Industries (NYSE: HII) has conducted a 30-day test of the endurance of an unmanned undersea vehicle its Undersea Solutions Group subsidiary built in partnership with Battelle, ExecutiveBiz reported Wednesday. HII said Tuesday the team checked the Proteus UUV’s autonomous beh...
The GovCon Index soared 1.396 percent to 77.998 Wednesday on a series of pre-market earnings reports from several large defense prime contractors as Boeing (NYSE: BA) overcame an early morning decline to close in positive. GovCon Wire posted a summary of all six GovCon Index-related earnings figures plus that of United Techn...
