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Tag Archives: cubic

Cubic Lands Army Home-Station Training Contracts; Bill Toti Comments

Cubic has been awarded $44 million in contracts to provide tactical engagement simulation systems to the U.S. Army for use in training exercise scenarios. The company said Monday it will produce instrumentable-multiple integrated laser engagement system individual weapon systems for the Army’s program executive office for simulation, training and instrumentation. “We …

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February 18 Market Close: GovCon Index Inches Up, Holds in Correction as US Stocks Decline

The GovCon Index barely held positive territory in a narrow final hour of trade Thursday to record a nominal gain of 0.041 points to 71.389 Thursday and remain in a correction for the seventh consecutive day, or 10 percent down from its most recent high on Dec. 1. ManTech International (Nasdaq: …

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February 16 Market Close: GovCon Index Extends Rally With 1% Surge, US Stocks Up on Consumer & Bank Share Gains

The GovCon Index carried its positive momentum from Friday’s rally with a gain of 1.531 percent to 70.355 Tuesday — its first close above 70 in two days — on a bounce in confidence from investors that some equities may have been oversold. Gains among consumer, industrial and financial shares …

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February 10 Market Close: GovCon Index Narrowly Up, US Stocks Mixed on Oil Pressure & Yellen Remarks

The GovCon Index largely reversed its spike from morning trade Wednesday but held onto nominal gain/loss of 0.152 points to 70.231 in a choppy session for U.S. financial markets. The Index rose at least 0.75 percent in the first two hours of activity and mirrored gradual declines by U.S. stocks …

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February 8 Morning Report: GovCon Index Returns to Correction; Jobs Report Boosts US Dollar

The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction. The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies. Bloomberg reported that the U.S. dollar strengthened after a report from the …

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February 5 Market Close: GovCon Index Tumbles 1%, S&P Down 2% on Tech Losses & Jobs Data

The GovCon Index tumbled back into a correction Friday at a decline of 1.349 percent to 70.204 as U.S. investors reacted to the latest jobs report with a view toward whether the Federal Reserve would raise interest rates again this year. For the week, the Index posted a decline of …

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February 4 Market Close: GovCon Index Narrowly Exits Correction on CACI Guidance Lift, Cubic & Maximus 1Q Misses Weigh

The GovCon Index held in positive territory in choppy trade Thursday with a nominal gain of 0.109 points to 71.005 held up large jumps in the share prices of government services contractor CACI International (NYSE: CACI), satellite provider Intelsat (NYSE: I) and armored truck maker Navistar International (NYSE: NAV). With …

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February 1 Market Close: GovCon Index Halves AM Losses, Stays Red as US Stocks End Day Mixed

The GovCon Index recovered from a plunge of more than 1 percent its first hour of trade Monday to end with a loss of 0.311 points to 71.629 in activity that mirrored reversals in U.S. stocks from negative to positive. Gains in technology shares such as Facebook and Google‘s parent …

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The 2016 Wash100’s Mix of Companies, Agencies & Trade/Research Groups

As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives and other leaders …

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January 4 Market Close: GovCon Index Plunges as China Losses Trigger US Stock Selloff

The GovCon Index started 2016 with a steep decline of 1.712 percent to 75.764 Monday as U.S. stocks mirrored large losses in global financial markets over growth concerns. Armored truck maker Navistar International (NYSE: NAV) held against market forces with a gain of 8.94 percent to lead all GovCon Index gainers, and four …

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