Executive Mosaic’s GovCon Index plunged 1 percent Tuesday to post its worst one-day performance in two months with all 30 companies in red at the close as U.S. financial markets entered sell-off mode on investor worries over dim third quarter corporate earnings and the fast pace of inflation. Six of the GovCon Index’s 10 l...
Satellite imagery provider DigitalGlobe (NYSE: DGI) has agreed to purchase Chantilly, Virginia-based geospatial information services contractor The Radiant Group for $140 million in an effort to diversify revenue and add new offerings and staff to support the U.S. intelligence and special operations community. DigitalGlobe said Tuesday i...
General Dynamics (NYSE: GD) has received a potential $508.7 million firm-fixed-price contract to re-engineer the U.S. Army‘s fleet of Stryker ground combat vehicles. The Defense Department said Friday that the company will update an estimated 215 Stryker flat-bottom armored vehicles to a double-V hull enginee...
Executive Mosaic’s GovCon Index registered its second loss of at least 1 percent in six sessions Friday to register its second consecutive weekly decline on Honeywell International‘s (NYSE: HON) largest one-day plunge in 15 months on an earnings guidance miss and other falls by mid-tier contractors. Friday’s sharp de...
October 3 – October 7, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The stalwart GovCon technology maker L-3 Communications extended its profile as an active player in the merger-and-acquisition scene this week and closed its first buys since a large business divest...
Executive Mosaic’s GovCon Index held higher against narrow trading activity in U.S. financial markets Thursday on strong performances by CACI International (NYSE: CACI) and defense platform makers as Booz Allen Hamilton (NYSE: BAH) rallied to recoup one-half of losses from a steep fall Wednesday. ThursdayR...
Executive Mosaic’s GovCon Index traded higher Wednesday with Boeing (NYSE: BA) the largest contributor with services-oriented contractors also leaders of gains as U.S. stocks rose on investor confidence in a strengthening domestic economy after the release new data. GovCon Index advancers slightly edged laggers and sev...
Accenture (NYSE: ACN) has agreed to buy Alexandria, Virginia-based cybersecurity company Defense Point Security for an undisclosed amount in a strategy to expand the global consulting firm™s cyber defense platforms and services for federal agencies. Accenture said Wednesday DPS will operate as a subsidiary within the firm’s...
MacDonald, Dettwiler and Associates has appointed new board of directors and senior executives in support of the implementation of the company™s U.S. Access Plan strategy. Howard Lance, president and CEO of MDA, said in a statement released Monday the firm™s U.S. Access Plan seeks to pursue government contracts in order to provide informat...
TYSONS CORNER, VA, Oct. 4, 2016 ” The U.S. Navy has used Raytheon‘s (NYSE: RTN) Standard Missile-6 to perform a surface-to-air intercept of an over-the-horizon target at the longest range recorded to date, ExecutiveBiz reported Monday. The company said Friday the missile was launched from the USS Princeton cr...
