The GovCon Index posted its second gain of more than a full point in three weeks Monday to close up 1.052 points — or 1.366 percent — to 78.090. Contractor stocks rode the wave of positivity in U.S. markets after Warren Buffett’s Berkshire Hathaway investment arm disclosed its now-$1 billion ...
TYSONS CORNER, VA, May 16, 2016 ” The first three MH-60R Seahawk helicopters built by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary for Denmark have been delivered as part of a foreign military sales deal, ExecutiveBiz reported Friday. The U.S. Navy said Wednesday it transported the helicopters from Sikorsky’...
TYSONS CORNER, VA, May 16, 2016 ” Salesforce (NYSE: CRM) and ID.me will work together to authenticate and assess the eligibility of applicants to the former’s VetForce veteran employment program, ExecutiveBiz reported Friday. ID.me’s verification technology will work to confirm the military status of applicants w...
TYSONS CORNER, VA, May 16, 2016 ” Philips (NYSE: PHG) will open a second community life center in Kenya in partnership with the United Nations Population Fund to provide community development and primary healthcare services, ExecutiveBiz reported Friday. The company said Thursday the facility in Mandera county will feature t...
TYSONS CORNER, VA, May 16, 2016 ” Angela Messer, an executive vice president at Booz Allen Hamilton (NYSE: BAH), has said collaboration between employees with different specializations works to drive the company’s cyber practice, ExecutiveBiz reported Thursday. She told the Washington Business Journal in an interview published Thursd...
The State Department has cleared Egypt™s request to buy UGM-84L Harpoon Block II missiles, related equipment and support from the U.S. government under a potential $143 million foreign military sales agreement. Boeing (NYSE: BA) will serve as the principal contractor under the FMS deal that includes 20 Harpoon missiles, two encapsulated Ha...
The GovCon Index closed Friday with a loss of 1.052 percent to 77.038 and posted a weekly decline of 0.155 percent or 0.12 points. U.S. investors remain wary as earnings reports from consumer companies were below expectations, although retail sales exceeded the consensus economist expectation with an increase of 1.3 percent ...
The GovCon Index held lower throughout Friday trade in a reflection of dim sentiment in U.S. markets and closed down 1.052 percent to 77.038 with many of the GCI’s largest prime contractors as the biggest decliners after a nearly four-day stretch as the drivers of gains. Friday’s close puts the Index at a loss of 0.155&nbs...
May 9 – May 13 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The Pentagon™s top product and services buyer made it official this week that the would no longer advocate for greater authority to regulate GovCon merger-and-acquisition activities that invo...
TYSONS CORNER, VA, May 13, 2016 ” Denmark plans to place an order worth approximately $3 billion for the Lockheed Martin-built (NYSE: LMT) F-35 fighter jet as replacement for the country’s F-16 fleet, ExecutiveBiz reported Thursday. Defense News reported Thursday the potential foreign military sale covers 27 F-35s to support nat...
