Executive Mosaic’s GovCon Index posted a small gain Friday to register its second consecutive weekly gain on continued positive sentiment among investors toward defense stocks compared to other sectors. U.S. stocks traded lower Friday on healthcare sector declines to continue the slowdown in markets from the post-election rally but t...
Five companies have won two-year contracts worth up to $252.5 million combined for retail electricity and ancillary/incidental services to various U.S. federal departments and military branches. The Defense Logistics Agency‘s energy organization received eight offers for the contracts through a competitive procurement and t...
Executive Mosaic’s GovCon Index nudged a slight gain Thursday in a mostly positive session for the U.S. stock market at-large as investors listened to Federal Reserve Chair Janet Yellen’s congressional testimony. GovCon Index decliners edged advancers and three of its 11 S&P 500 components closed green with H...
MCR Federal has appointed Dave Rhodes, former industry general manager for non-health civil agencies at CSRA (NYSE: CSRA), as vice president of civil programs. MCR said Tuesday that Rhodes will manage the company’s operational support to civilian agencies and lead its civil portfolio expansion efforts. œDave has a long hist...
November 7 – November 11, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Red was the dominant color all over the electoral map Tuesday night and green has taken over many corners of Wall Street since with defense and other GovCon stocks in particular the focus of...
Executive Mosaic’s GovCon Index climbed 5 percent for a record one-day gain and closing value Wednesday as investors made large buys of shares in large defense primes on expectations of increased defense spending under incoming Pres. Donald Trump after his watershed election win Tuesday. The U.S. stock bellwether S&P 500 composit...
GovCon Index-listed Vectrus (NYSE: VEC) said Tuesday the U.S. Army will seek revised proposals for a recompeted logistics contract the company originally was not selected for in late September as the program’s current iteration represents the largest the contractor’s portfolio. Vectrus added it is also awaiting a Governmen...
TYSONS CORNER, VA, Nov. 8, 2016 ” Rebecca Cowen-Hirsch, a senior vice president at Inmarsat, has stated that the adoption of Ka-band satellite communications services could help address the communication requirements of unified combatant commanders and other government officials, ExecutiveBiz reported Monday. The company’s Global Xpress c...
BAE Systems‘ ship repair business in San Diego, California, has received a potential $192.7 million contract to provide post-delivery execution yard services for the first two guided missile destroyers of the U.S. Navy‘s Zumwalt class. The Defense Department said Monday the indefinite-delivery/indefinite-quantity contract ...
CA Technologies (Nasdaq: CA) has named Kieran McGrath, previously interim chief financial officer, to executive vice president and CFO in a move that takes effect immediately. McGrath will report directly to CEO Mike Gregoire and manage the company’s global corporate and business unit financial functions, encompassing controller role, treasury...
