The GovCon Index reversed a negative open of at least 1 percent as Tuesday’s trading day progressed but hit another dip in the final hour to end at a nominal gain of 0.044 points to 70.079. Gains in biotechnology and material shares helped U.S. stocks bounce back in Monday’s afternoon session but also ended at...
The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction. The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies. Bloomberg reported that the U.S. dollar strengthened after a report from the ...
The GovCon Index tumbled back into a correction Friday at a decline of 1.349 percent to 70.204 as U.S. investors reacted to the latest jobs report with a view toward whether the Federal Reserve would raise interest rates again this year. For the week, the Index posted a decline of 2.15 percent driven by continued...
TYSONS CORNER, VA, February 3, 2016 ” CAE (NYSE: CAE) will provide full-flight simulators and aviation training services to several international customers under contracts worth an estimated $250 million combined, ExecutiveBiz reported Tuesday. The company said Monday it will supply nine simulators and other training equipment, delive...
TYSONS CORNER, VA, February 2, 2016 ” Lockheed Martin (NYSE: LMT) has christened and launched the U.S. Navy‘s 11th littoral combat ship at the Menominee River in Wisconsin, ExecutiveBiz reported Monday. The company said Saturday the Freedom-class USS Sioux City will undergo tests before it is delivered to the Navy...
TYSONS CORNER, VA, February 2, 2016 ” Boeing (NYSE: BA) has asked ViaSat (Nasdaq: VSAT) to provide 90 Link 16 small tactical terminals for its AH-64E Apache lots 5 and 6 production line, ExecutiveBiz reported Monday. ViaSat said Thursday the terminals will work to support network interoperability and combat communi...
The U.S. Air Force has awarded 15 companies positions on a potential nine-year, $975 million contract to provide logistics support and help U.S. and partner agencies carry out national security missions. The service branch received 16 proposals for the multiple-award, indefinite-delivery/indefinite-quantity contract, the Defense Department...
Raytheon (NYSE: RTN) has received a $212.7 million contract modification to provide engineering services for the U.S. Army™s Patriot program. The company will also provide Patriot support to foreign military sales clients such as Germany, Greece, Israel, Japan, Kuwait, Qatar, Saudi Arabia, Spain, South Korea, Taiwan, the Netherlands and th...
As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives...
Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings report...
