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October 2nd Market Close: GovConIndex and Three Major Indices Set New Record Highs

The Executive Mosaic GovCon Index (GCI) continued its strong performance gaining 1.144 percent to set a new high of 108.47 with advancing shares outpacing declining 28 to 2. The markets started off the fourth quarter on a strong note with all three major indices reaching new record highs. The S&P500 was up 0.39 percent …

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October 2nd Morning Report: GovCon Index and Indices all Positive for the 3rd Qrt.

The Executive Mosaic GovCon Index (GCI) ended the third quarter in the positive, up 11.71 points or 12.24 percent for the third quarter. The major indices were up for the fiscal year third quarter with all three indices reaching new highs. The S&P500 quarterly performance was up 90.35 points or 3.72 percent, while the DJIA …

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September 29th Market Close: GovConIndex Closes Up With the S&P500 and NASDAQ Setting New Records

  The Executive Mosaic GovCon Index (GCI) closed up 0.228 percent to 107.363 with advancing shares outpacing declining 2 to 1. The major indices closed up on the day with the S&P500 and NASDAQ Composite setting new records. The S&P500 increase was up 0.37 percent to 2,519.36, while the DJIA closed at 22,405.09 up 0.11 …

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HII Partner Ivis Technologies to Sell Jointly Developed Compliance Mgmt SaaS Product

TYSONS CORNER, VA, Sept. 28, 2017 — Huntington Ingalls Industries (NYSE: HII) has authorized Ivis Technologies to market a jointly developed compliance management product as a subscription-based software as-a-service platform through a multi-year agreement, ExecutiveBiz reported Wednesday. HII said Tuesday it contributed its experience in compliance with Ivis’ software technology to develop the lean governance, …

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HII Secures Navy Contract Options to Support Ford, Nimitz Carriers

TYSONS CORNER, VA, Sept. 22, 2017 — Huntington Ingalls Industries (NYSE: HII) will provide technical, engineering, operational, development, modernization and other services in support of the U.S. Navy‘s Gerald R. Ford-class and Nimitz-class aircraft carriers as part of contract options worth $27.5 million, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the options also …

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HII Hosts Christening of Navy’s USS Tripoli Amphibious Assault Ship

TYSONS CORNER, VA, Sept. 19, 2017 — Huntington Ingalls Industries (NYSE: HII) and the U.S. Navy have held the christening ceremony for the USS Tripoli America-class multi-purpose amphibious assault ship in Mississippi, ExecutiveBiz reported Monday. The company said Saturday Lynne Mabus, wife of former Navy Secretary Ray Mabus, served as the ship sponsor while …

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Navy Taps 4 Firms for Submarine, Shipboard C4ISR Training Contracts

The U.S. Navy has awarded four companies potential five-year contracts to provide training support for the service branch’s submarine, ashore and tactical afloat shipboard command, control, communications, computers, intelligence, surveillance and reconnaissance systems. The Defense Department said Monday the Space and Naval Warfare Systems Center Pacific received nine proposals for the cost-plus-fixed-fee contracts that …

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Huntington Ingalls to Continue Navy Ship Planning Yard Support Under $151M Contract Modification

A Huntington Ingalls Industries (NYSE: HII) subsidiary has received a $150.8 million contract modification to continue planning yard services for the U.S. Navy‘s Ticonderoga-class guided missile cruisers and Spruance-class destroyers. HII’s Ingalls Shipbuilding business will provide modernization program planning; ship change planning development and installation; program management; type commander support; mobile assist teams; rotatable …

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Huntington Ingalls Awarded $105M Navy Nuclear Submarine Support Extension

Huntington Ingalls Industries (NYSE: HII) will continue to provide support services for U.S. Navy nuclear submarines under a two-year, $105 million contract modification. The Defense Department said Tuesday the modification covers database and configuration management, integrated logistics, engineering, technical, design, research, development, modernization and industrial services. HII landed a $564 million contract …

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Huntington Ingalls to Modernize USS George Washington Carrier Under $2.8B Contract

The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a potential $2.8 billion contract to perform refueling and complex overhaul work on the nuclear-powered aircraft carrier USS George Washington. The Defense Department said Friday the military service will obligate $1.51 billion at the time of award from the branch’s …

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