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Tag Archives: BAE Systems

July 5th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

Returning after the Independence Day Holiday the markets closed mixed. The Executive Mosaic GovCon Index (GCI) closed up for the third straight day to 96.213 a gain of 0.172 percent threatening to set a new high. Advancers outpaced decliners 2 to 1. The top five ‘Net Performers‘ were major platform companies that …

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July 3 1:00 PM Market Close: GovConIndex Closes Up as Major Indices Are Mixed

In observance of Independence Day the markets closed at 1:00 PM today and will be closed tomorrow. The Executive Mosaic GovCon Index (GCI) closed up 0.849 percent to 95.656 approaching a 30 day high. 25 of the 30 stocks that make up the Index where in the positive. Huntington Ingalls was near …

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BAE Lands $4.8B UK Contract to Build Type 26 Warships; Charles Woodburn Comments

BAE Systems has received a potential $4.8 billion contract from the U.K. defense ministry to build the first three ships under the country’s Type 26 Global Combat Ship program. The company said Sunday the contract is expected to create at least 3,400 jobs across the U.K. and that it will …

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BAE Systems Delivers 1st of 12 Eurofighter Typhoon Aircraft for Oman

TYSONS CORNER, VA, June 27, 2017 — BAE Systems has delivered the first of Oman’s 12-unit Eurofighter Typhoon combat aircraft order during a ceremony held Wednesday at the Adam Airbase in Oman, ExecutiveBiz reported Monday. The company said Friday it rolled out the Eurofighter alongside the first of eight Hawk trainer aircraft that …

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IT Security Vet Ron Davis Takes CISO Post at Huntington Ingalls

Ron Davis, formerly chief information security officer of Vencore and a certified information systems security professional, has joined Huntington Ingalls Industries (NYSE: HII) as CISO. Davis will oversee a cybersecurity program that seeks to identify threats and risks as well as implement controls, methods and processes designed to secure HII …

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June 26 Morning Report: Friday Close – GovCon Index Weekly Performance Down, Major Indices Close Mixed

The Executive Mosaic GovCon Index moved down for the week 0.64 percent after Friday’s close which reversed a three day downward trend. The major indices closed mixed on the week with the S&P500 and DJIA closing down by 0.16 percent and 0.27 percent respectively and the NASDAQ up 1.11 percent. WTI crude …

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June 23 Market Close: GovCon Index Reverses Trend to Close Up With Markets Mixed

The Executive Mosaic GovCon Index reversed it’s three day downward trend to close up 0.168 percent to 95.302 with advancers outpacing decliners 2 to 1. The major indices had little movement on the day closing mixed with the S&P500 and NASDAQ up and the DJIA down. The S&P500 and NASDAQ remand in …

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June 22 Market Close: GovCon Index Closes Down With Markets Mixed

The Executive Mosaic GovCon Index closed down for the third consecutive day 0.254 percent to 95.087. Advancing and declining shares were pretty much evenly split. The major indices showed little change on the day closing mixed with the S&P500 and DJIA down and the NASDAQ up. The S&P500 and DJIA markets traded …

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June 21 Market Close: GovCon Index Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index closed down today 0.477 percent to 95.33. Advancing and declining shares were pretty much evenly split. The major indices closed mixed on the day with the S&P500 and DJIA down and the NASDAQ up. The continued drop in oil prices pulled energy and industrial stocks down, as …

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Jeremy Wensinger, James Winner, Robert Giannetta Join Executive Team at Former Harris IT Business

Jeremy Wensinger, James Winner and Robert Giannetta have been appointed to leadership positions at MHVC Acquisition Corp. — formerly known as the government information technology services business of Harris (NYSE: HRS). Investment firm Veritas Capital finalized its purchase of Harris IT Services for approximately $690 million in April and renamed the business MHVC Acquisition Corp. Herndon, …

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