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...
Six companies listed in Executive Mosaic’s GovCon Index plus another large non-GCI government contractor reported their latest quarterly earnings statements before U.S. financial markets opened Wednesday. Of those seven total, six posted results for the first quarter of their respective fiscal years that run on a calendar basis, with one fo...
The U.S. Navy has awarded an Orbital ATK (NYSE: OA) business unit a $121.4 million contract modification to exercise an option to convert AGM-88B High-Speed Anti-Radiation Missiles into 145 Lot 5 full-rate production, anti-radiation guided missile all-up-rounds. Orbital ATK’s defense electronic systems unit will also provid...
The State Department has cleared a proposed $260 million foreign military sale of Raytheon-built (NYSE: RTN) Rolling Airframe Missiles and related equipment to Qatar. Qatar ordered 252 RIM-116C rolling airframe tactical missiles and two RIM 116C-2 rolling airframe telemetry missiles in efforts to protect its naval forces and oil and gas infrastructu...
April 18 – April 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Corporate earnings season is underway for the first quarter and gives an opportunity for investors to gauge the financial health and performance of the world’s largest defense and government...
