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Tag Archives: Donald Trump

Boeing to Move Defense Segment HQ from St. Louis to Washington DC Region

Boeing (NYSE: BA) will shift the headquarters of its $31 billion defense segment from the St. Louis metropolitan region to the Washington, D.C. area effective Jan. 3, 2017 for top executives to gain closer proximity with government customers, a company spokesperson has confirmed to GovCon Wire. Close to a dozen senior executives including Boeing Defense, …

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December 12 Market Close: GovCon Index Closes Down 1% After Trump F-35 Tweet, Lockheed Falls 2%

Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened. The GovCon Index traded down 2 percent shortly before 12 p.m. Eastern …

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December 12 Morning Report: GovCon Index Registers 6th Straight Weekly Gain as Defense Stocks Continue Post-Election Rally

Executive Mosaic’s GovCon Index closed Friday up 0.476 percent to 90.426, with gainers outnumbering laggers by a 2-to-1 ratio, as the climb of defense stocks continues following the election of Donald Trump. McKesson Corp. (NYSE: MCK) was the GCI’s top net advancer while Science Applications International Corp. (NYSE: SAIC) was …

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December 9 Market Close: GovCon Index Rises, Posts 6th Straight Weekly Gain

Executive Mosaic’s GovCon Index advanced Friday to complete its sixth consecutive weekly gain in an extended post-election climb that has seen the GCI hit a series of record high closes. The GCI has risen 14.75 percent over six weeks with the U.S. stock bellwether S&P 500 composite index up 6.26 percent …

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December 8 Market Close: GovCon Index Drops on Steep Prime Declines, SAIC Climbs on Earnings Beat

Executive Mosaic’s GovCon Index tumbled Thursday on steep losses among several of its large-cap prime components as U.S. stocks posted a small advance to a new record high close with financial shares the top performers at a 1-percent gain and industrials the largest laggards. Thursday’s decline puts the GCI below 90 points after a …

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December 7 Market Close: GovCon Index Posts All-Time Record Close, Extends Gain Streak to 5

Executive Mosaic’s GovCon Index posted a fifth straight gain to a new all-time record close Wednesday on strong performances by Honeywell International (NYSE: HON) and L-3 Communications (NYSE: LLL) as U.S. stocks also advanced with the S&P 500 at a record close. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio …

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Trump Names IBM CEO Ginni Rometty as Strategic & Policy Forum Member

TYSONS CORNER, VA, Dec. 7, 2016 — Ginni Rometty, CEO of IBM (NYSE: IBM), has been named by President-elect Donald Trump to be a member of the Strategic and Policy Forum,  Executive Gov reported Tuesday. The Wall Street Journal reported Monday Rometty will join 15 other business leaders on the forum to …

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December 6 Market Close: GovCon Index Up on Continued Mid-Tier Defense, Services Gains

Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks …

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Fitch Expects 3-5% Increase in Addressable Global Defense Market Over Next 3 Years

Fitch Ratings has said it projects a 3 percent to 5 percent growth in the relevant areas of the global addressable defense market over the next three years with the U.S. budget to constitute 45 percent to 50 percent of the market. Fitch said Monday it estimates the addressable global defense …

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Weekly Roundup November 28 – December 2, 2016: CACI’s Jack London, Booz’s ‘2020’ Buy & more

November 28 – December 2, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Jack London, executive chairman of CACI International’s board of directors, is an iconic figure to the government contracting and Washington, D.C. business communities. Often referred to as the “founder …

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