Tag Archives: Booz Allen

Boeing Cuts Earnings Outlook on 2Q Loss as GD & Northrop Lift Forecasts on Beats, Booz Allen & CGI Top Street Estimates

Five government contractors listed in Executive Mosaic’s GovCon Index reported their latest quarterly financial results before U.S. markets opened Wednesday and all earnings per share figures fell above the consensus Wall Street forecast. Boeing (NYSE: BA) swung to a net loss for its second quarter and lowered its earnings forecast on …

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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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Navy Taps Booz Allen for Marine Corps Program Analysis, Evaluation Contract

Booz Allen Hamilton (NYSE: BAH) has received a potential $48.6 million contract from the U.S. Navy to provide analysis and evaluation support services to the Headquarters Marine Corps. The Defense Department said Friday the contract covers qualitative and quantitative analysis support for the commandant of the Marine Corps, deputy commandant programs and resources, Joint …

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Weekly Roundup June 27 – July 1 2016: Defense Prime Stocks Soar Post-Brexit & more

June 27 – July 1 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   As massive the selloff was in global financial markets in the wake of June 23’s “Brexit” vote in the U.K., so was the reversal in equities after investors took a deep breath …

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Labor Dept Taps Booz Allen For $74M Shared Service Transition Support Task Order

The Labor Department plans to award a $74.2 million task order to Booz Allen Hamilton (NYSE: BAH) through the General Services Administration’s IT schedule to support DoL’s transition efforts to a shared service provider for financial management services, Federal News Radio reported Tuesday. Jason Miller writes that a DoL will contract directly with Booz Allen to help …

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May 25 Market Close: GovCon Index Nudges Gain on Boeing, Navistar Lift

The GovCon Index nudged out a gain of 0.081 points to 78.273 Wednesday on contributions from Boeing (NYSE: BA) and armored truck manufacturer Navistar International (NYSE: NAV). Boeing surged 1.07 percent and Navistar rose 9.09 percent, while shipbuilder Huntington Ingalls Industries (NYSE: HII) rebounded by one-half percent a day after its stock was downgraded to “Sell” from “Hold” by …

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May 24 Market Close: GovCon Index Posts 1% Rally as Services Providers Lead Gains

The GovCon Index rallied 1.197 percent to 78.192 on gains led by the GCI’s services-focused contractors and defense prime Northrop Grumman (NYSE: NOC) on news that the U.S. lifted its embargo on weapons sales to Vietnam. Science Applications International Corp. (NYSE: SAIC) added 4.01 percent — or $2.10  — after analysts at Jefferies listed SAIC as one of …

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Weekly Roundup May 16 – May 20 2016: The Private Sector’s Role in Fed Workforce Support & more

May 16 – May 20 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The future of the federal government and contractor workforces is our focus here as we look at a pair of new initiatives announced this week that aim to help build …

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May 18 Market Close: GovCon Index Nudges Gain on Booz Allen, McKesson Boosts

The GovCon Index hovered in neutral territory during the final two hours of trade Wednesday and closed at a gain of 0.220 points to 77.591 despite its descent from a strong early afternoon session. The GCI hit volatility in conjunction with the S&P 500 composite index shortly after 2 p.m. upon the release of the Federal …

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