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Tag Archives: GovCon Index

August 22 Morning Report: GovCon Index Drops Friday, Closes Week With Narrow Gain

Executive Mosaic’s GovCon Index recorded a decline of  0.090 points to 82.025 Friday and closed the week with a gain as four of GCI’s 11 S&P 500-listed stocks ended in green during the period’s last trading session. CACI International (NYSE: CACI) led the net gainers along with other midtier primes, while …

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August 19 Market Close: GovCon Index Narrowly Down, Ends Week at Slight Gain

Executive Mosaic’s GovCon Index pared back some losses in late afternoon trade Friday to register a narrow weekly gain as Lockheed Martin (NYSE: LMT) extended its stretch of declines to a fourth straight day and CACI International (NYSE: CACI) again led gainers along with other mid-tier primes. Four of the GovCon Index’s 11 S&P …

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August 18 Market Close: GovCon Index Lifted on CACI Earnings Beat, Energy Leads US Stock Gains on Oil Spike

Executive Mosaic’s GovCon Index rebounded Thursday from a two-session stretch of losses on a surge by CACI International‘s (NYSE: CACI) stock after the government services contractor topped Wall Street’s fourth quarter and full-year forecasts. Arlington, Virginia-based CACI said the February acquisition of the National Security Solutions business from L-3 Communications (NYSE: LLL) helped …

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CACI 4Q Earnings, Sales Exceed Street Estimate as FY 2016 Results Also Top Analyst Outlook

CACI International (NYSE: CACI) topped Wall Street’s expectations for earnings and revenue in the GovCon Index-listed government services contractor’s fourth quarter and fiscal year 2017 financial results released before markets opened Thursday. Arlington, Virginia-based CACI’s February acquisition of the former L-3 National Security Solutions business drove net income and sales growth in both the …

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August 17 Market Close: GovCon Index Slide Deepens on Lockheed & Services Stock Declines

Executive Mosaic’s GovCon Index extended its losses Wednesday on another steep drop by Lockheed Martin (NYSE: LMT) and declines by services contractor stocks despite an afternoon reversal by U.S. stocks into narrow range from red after the latest Federal Reserve meeting minutes went public. GCI gainers slightly outnumbered laggers with one stock …

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August 16 Market Close: GovCon Index Down, Lockheed in Steep Red & Leidos Up After Deal’s Closure

Executive Mosaic’s GovCon Index dropped at least one full net point Tuesday for the first time since June 24 on a sharp drop in Lockheed Martin (NYSE: LMT) shares upon the defense contractor’s completion of the spinoff and subsequent merger of its government and technical services business into Leidos Holdings (NYSE: LDOS). Lockheed was the GCI’s …

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August 15 Market Close: GovCon Index Hits Record Close Again as Defense Primes Rise

Executive Mosaic’s GovCon Index closed at another all-time high Monday with 28 out of 30 companies including all 11 S&P 500-listed stocks in green and middle- to large-tier defense contractors as the session’s top advancers. L-3 Communications (NYSE: LLL) led all net gainers after the military technology maker was selected by Drexel Hamilton …

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August 15 Morning Report: GovCon Index Posts Loss on Retail, Manufacturing Data

Executive Mosaic’s GovCon Index closed Friday down 0.148 points to 82.467 to end the week with a 0.315-point loss. The Index mirrored the larger U.S. market as the retail sales report for July showed no change from the previous month and manufacturing data fell below analyst expectations. Four of GCI’s S&P 500-listed stocks posted gains …

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August 12 Market Close: GovCon Index Falls, Ends at Weekly Loss

Executive Mosaic’s GovCon Index turned downward Friday to end at a weekly loss as U.S. stocks also held negative after July’s retail sales report showed no change from the previous month and new manufacturing data also fell below economists’ expectations. For the week, the Index registered a 0.315-point decline mainly on the Wednesday plunge by …

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Weekly Roundup August 8 – August 12 2016: KBR and HPE Make Public Sector M&A Plays & More

August 8 – August 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting sector observers got a twin bill of significant acquisition developments during the Thursday evening-Friday morning “down time” in financial markets to continue the GovCon industry’s ongoing deal spree. Prior to this …

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