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...
Cubic Corp. (NYSE: CUB) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has lifted revenue guidance for its 2016 fiscal year in part on added contributions from two acquired businesses and exceeded Wall Street estimate for the company’s second quarter. The San Diego-based defense and transportation contra...
TYSONS CORNER, VA, May 2, 2016 ” Chris Pehrson, senior director of strategic development at General Atomics‘ aeronautical systems business, has said that the C4ISR sector faces a challenge in processing the large volume of sensor data collected by remotely piloted aircraft, ExecutiveBiz reported Thursday. Pehrson told Bloomberg Gover...
A Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) joint venture has secured a potential $116.7 million contract to produce fire control radar systems for India through a foreign military sales deal. Longbow LLC will also support the U.S. Army‘s Apache Attack Helicopter Project Management Office under the firm-fixed-...
April 25 – April 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson First quarter earnings season has given investors with keen interest in the aerospace, defense and government contracting sectors a smorgasboard of items to consider as they gauge the industry’s ...
TYSONS CORNER, VA, April 29, 2016 ” Engility (NYSE: EGL) will provide intelligence and technical analysis, program and data management as well as classified systems engineering services to several intelligence agencies under four contracts worth $102 million combined, ExecutiveBiz reported Wednesday. The company said Wednesday the Intellig...
Harris (NYSE: HRS) subsidiary Exelis has received two contract modifications with a combined value of $73.5 million from the U.S. Air Force to provide system engineering and sustainment support for two radar systems. The Defense Department said Thursday the first modification requires mission assurance and other services for the&...
Raytheon (NYSE: RTN) — listed both in Executive Mosaic’s GovCon Index and the S&P 500 – has reported higher sales for its first quarter on global demand for its weapons and lifted its full-year earnings guidance despite a year-over-year profit decline. The Waltham, Mass.-based missile maker said first q...
TYSONS CORNER, VA, April 27, 2016 ” Lockheed Martin‘s (NYSE: LMT) mission systems and training business will provide logistics, maintenance and support services for an estimated 400 Consolidated Automated Support System stations under a $21.9 million U.S. Navy contract, ExecutiveBiz reported Tuesday. The Defense Department ...
Lockheed Martin (NYSE: LMT) has one pending regulatory review remaining in the U.K. over the merger of its information systems and global solutions business with Leidos Holdings (NYSE: LDOS) ahead of the deal’s intended closure in either the third or fourth quarter, Lockheed CEO Marillyn Hewson told investors Tuesday. Both compa...
