Tag Archives: col

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 …

Read More »

Rockwell Collins Narrows 2016 Outlook, Posts 3Q Earnings Beat With 5% Govt Segment Sales Increase

Rockwell Collins (NYSE: COL) has narrowed full-year earnings and revenue guidance for its 2016 fiscal year as the avionics maker expects declines in production rates of commercial airplanes such as the Airbus A330 and business jets to impact sales in the commercial systems segment. Cedar Rapids, Iowa-based Rockwell Collins now anticipates earnings for …

Read More »

Rockwell Collins Receives $67M Navy Contract For Airborne Comm System Repair Services

Rockwell Collins (NYSE: COL) has secured a potential 10-year, $67 million contract to provide weapon replaceable assembly repair services in support of the AN/ARC-210 integrated communications system for the U.S. Navy and other Defense Department  components. DoD said Monday the company will also help the service branch manage the system’s technical and configuration changes as …

Read More »

July 11 Market Close: GovCon Index, S&P 500 Close at All-Time Highs

Executive Mosaic’s GovCon Index closed above 81 points for the first time Monday as the S&P 500 composite index ended at a new record high as investors sought to carry Friday’s rally after the pre-market June jobs report then. The GovCon Index gained 0.293 points to 81.106 as seven of the 30 stocks hit new 52-week …

Read More »

July 1 Market Close: GovCon Index Holds Positive Despite PM Descent

Executive Mosaic’s GovCon Index descended into narrow range during afternoon trade after a strong morning session Friday but held in positive ahead of a three-day holiday weekend. The GovCon Index posted a gain of 0.178 points to 79.718 and ends the week up 3.216 percent in a sharp turnaround from Monday’s losses in the …

Read More »

June 8 Market Close: GCI Hits 80, Extends Gain Streak to 6th Day as HII & L-3 Hit 52-Week Highs

The GovCon Index held positive for a sixth consecutive full trading session Wednesday with a gain of 0.751 points to 80.497 and achieved its first close above 80 points in 16 months. A weakening dollar helped lift U.S. stocks and multinational corporations in particular as commodities such as copper, gold and …

Read More »

June 6 Market Close: GovCon Index, US Stocks Rise on Janet Yellen’s Upbeat Economic Message

The GovCon Index kicked off the first full trading week of June on a positive note with a gain of 0.516 points to 79.534 as U.S. markets appeared unmoved by Federal Reserve Chair Janet Yellen’s hint at further interest rate increases this year. Yellen told an audience at the World Affairs Council …

Read More »

Tuesday Defense Winners Include BAE Systems, Rockwell Collins, Integral Systems

According to the Department of Defense, “BAE Systems was awarded a $19, 900, 000 firm-fixed-price contract.  The award will provide for the funding of the Area A to Area B Facility relocation project at Holston Army Ammunition Plant.  Work will be performed in Kingsport, Tenn., with an estimated completion date …

Read More »

Rockwell Collins Reels In Navy Deal

According to the Department of Defense, “Rockwell Collins (NYSE: COL) is being awarded a $7, 618, 512 modification to a previously awarded firm-fixed-price contract (N00019-09-C-0069) to exercise an option to provide AN/ARC-210(V) Electronic Radio and Ancillary equipment in support of the CH-53E program, to include 132 each:  MT-4935 Mounting Bases; …

Read More »

Raytheon, Rockwell Collins Win Defense Contracts, Lockheed Martin Claims Pair

According to the Department of Defense, “Raytheon (NYSE: RTN) was awarded an $8, 268, 811 cost-plus-fixed-fee, level-of-effort contract for fiscal 2010 Patriot engineering services contract for 847, 166 man-hours of effort. Estimated completion date is Jan. 31, 2014, with work to be performed at Andover, Mass. (1.30 percent); Burlington, Mass. …

Read More »