Tag Archives: aecom

August 17 Market Close: GovCon Index Slide Deepens on Lockheed & Services Stock Declines

Executive Mosaic’s GovCon Index extended its losses Wednesday on another steep drop by Lockheed Martin (NYSE: LMT) and declines by services contractor stocks despite an afternoon reversal by U.S. stocks into narrow range from red after the latest Federal Reserve meeting minutes went public. GCI gainers slightly outnumbered laggers with one stock …

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August 16 Market Close: GovCon Index Down, Lockheed in Steep Red & Leidos Up After Deal’s Closure

Executive Mosaic’s GovCon Index dropped at least one full net point Tuesday for the first time since June 24 on a sharp drop in Lockheed Martin (NYSE: LMT) shares upon the defense contractor’s completion of the spinoff and subsequent merger of its government and technical services business into Leidos Holdings (NYSE: LDOS). Lockheed was the GCI’s …

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Bob Billeaud Promoted to SOSi Operations SVP

TYSONS CORNER, VA, Aug. 11, 2016 — Bob Billeaud, formerly vice president for intelligence solutions at SOS International, has been promoted as senior VP for operations, GovCon Executive reported Wednesday. In his prior role, he oversaw SOSi’s acquisition and integration of Virginia-based intelligence contractor New World Solutions into the company, SOSi said Tuesday. Billeaud is a retired Army special forces and …

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AECOM 3Q Earnings Top Street Forecast, Revenue Misses on Energy Market Headwinds

AECOM (NYSE: ACM) reported third fiscal quarter earnings above the consensus analyst outlook Tuesday as revenue for the period fell year-over-year on continued softness in the oil and gas markets with exacerbated effects from the mid-year fire in Fort McMurray, Canada. Earnings for the quarter ended June 30 came in at 81 …

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August 8 Market Close: GovCon Index Dragged by Northrop & Other Defense Prime Losses

The GovCon Index stumbled Monday and failed to carry over momentum from Friday’s strong July jobs report as declines by major defense primes weighed on the GCI and losses by healthcare shares dragged down U.S. stocks. GovCon Index laggers outnumbered gainers by a 2-to-1 ratio and four of its 11 S&P 500-listed stocks posted gains with Northrop Grumman (NYSE: …

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AECOM, Schendt Engineering Win Air Force Facility Modernization Services IDIQ

AECOM (NYSE: ACM) and Schendt Engineering Corp. have won spots on a potential $10 million indefinite-delivery/indefinite-quantity contract to maintain and modernize several facilities of the U.S. Air Force located at various sites. The companies will coordinate architectural and engineering services for the Colorado-based facilities such as the U. S. Air …

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July 26 Market Close: GovCon Index Holds Higher Against Flat US Market Ahead of Prime Defense Earnings

Executive Mosaic’s GovCon Index traded higher Tuesday against choppy trade in the larger U.S. stock market as defense-oriented investors prepare to examine a large batch of earnings reports from major sector players due Wednesday. The GovCon Index notched a gain of 0.473 points to 82.151 and eight of the GCI’s 11 S&P 500-listed companies closed …

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July 25 Market Close: GovCon Index Down on Prime Declines & Oil Fall, Engility Surges on Debt Refinance Plan

Executive Mosaic’s GovCon Index held in slight negative range Monday as gains by services contractors Engility Holdings (NYSE: EGL) and CACI International (NYSE: CACI) failed to offset declines by defense primes and platform makers. The GovCon Index declined 0.110 points to 81.678 and only two of the GCI’s 11 S&P 500-listed stocks closed in green …

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July 21 Market Close: GovCon Index Falls on Defense Prime Losses, Oil Decline Holds Down US Stocks

Executive Mosaic’s GovCon Index tumbled Thursday on large declines among defense prime companies as U.S. stocks traded lower on falling oil prices and mixed earnings reports among blue chips. The GovCon Index declined 0.694 points to 81.499  as none of the GCI’s 11 S&P 500-listed stocks closed at a gain with eight in the U.S. stock …

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July 20 Market Close: GovCon Index Up on Mid-Tier & Services Stock Gains, Lockheed Down

Executive Mosaic’s GovCon Index closed at an all-time high for the sixth time in eight sessions Wednesday on a mix of strong performances from middle-tier platform and product makers plus predominantly services-oriented contractors. The GovCon Index gained 0.328 points to 82.193 with nine of the GCI’s 11 S&P 500-listed companies in positive at the close and …

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