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Tag Archives: L3 Technologies

June 8 Market Close: GovCon Index and Major Indices Marginally Up

The Executive Mosaic GovCon Index closed up for the second consecutive day to 95.373, up 0.878 percent. Advancers outpaced decliners at a ratio of 9 to 1. After a low volume roller coaster trading day the major indices showed marginal movement with all three markets closing up. Investors showed no reaction to …

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June 5 Morning Report: Friday Close – GovCon Index, Other Indices Post Positive Weekly Performance

The Executive Mosaic GovCon Index closed Friday up 0.727 or 0.759 on the week, reaching a new two-month high. The three major U.S. indices were up on the day. All three indices reached new record highs with strong weekly performances, with the S&P500 closed up 28.51 or 1.18 percent, the DJIA up …

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June 2 Market Close: GovCon Index Up as S&P 500, DJIA, and NASDAQ Reach New Highs Again

The Executive Mosaic GovCon Index closed up for the third day reaching a new two month high of 96.455 up 0.397 percent. All the U.S. indices were up on the day. The S&P500, DJIA, and NASDAQ again reached new record highs of 2,439.07, 21,206.29, and 6,305.80 respectively. Even thought the May jobless …

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June 1 Market Close: GovCon Index Up as S&P 500, DJIA, and NASDAQ Set New Highs

On the first day of June trading the GovCon Index and U.S. indices all opened the month on a strong note. The Executive Mosaic GovCon Index ended the day up 0.940 percent to 96.082 setting a new two month high. All the U.S. indices were up on the day. The S&P500, DJIA, …

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L3 Division Gets $83M Option in Navy TH-57 Fleet Services Contract

An L3 Technologies (NYSE: LLL) division has secured a one-year, $83.1 million contract modification for depot-level logistics and organizational services to the U.S. Navy‘s fleet of TH-57 Sea Ranger helicopters. The Defense Department said Tuesday the modification exercises an option for L3’s Vertex Aerospace business to the service branch maintain and perform support work …

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May 25 Market Close: GovCon Index Up as S&P 500 and NASDAQ Set New Highs

The Executive Mosaic GovCon Index closed up for the sixth consecutive day with the advancers significantly outpacing the decliners 5 to 1. The GovCon Index reached another 30 day high of 95.791, up 0.787 percent. CSRA lead the 30 GovCon Index stocks, up 4.62 percent as they announced the acquisition NES Associates. …

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May 23 Market Close: GovCon Index Hits 30 Day High and S&P Close to 2,400

The Executive Mosaic GovCon Index closed up for the fourth consecutive with the advancers outpacing the decliners 3 to 1. The GovCon Index reached 30 day high of 94.234, up 0.367 percent. All the U.S. indices were up on the day as the S&P500 came within 2 points of breaking 2,400. Markets …

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May 22 Market Close: GovCon Index and Market Indices Post Another Positive Day

For the most part all the stock on The Executive Mosaic GovCon Index ended positive for the day as President Trumps Middle East visit shows promise of increased business. Booz Allen Hamilton lead the gains after posting strong Q4 and Full Year financial results. President Trumps visit to the Middle East further …

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L3 Acquires UUV Power System Manufacturer in Naval Market Push; Michael Strianese Comments

L3 Technologies (NYSE: LLL) has completed the acquisition of maritime power-generation technology developer Open Water Power for an undisclosed value in a move that seeks to expand the former’s unmanned undersea vehicle portfolio. The Massachusetts-based company will take the name L3 Open Water Power and operate under L3’s sensor systems business, the …

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