Tag Archives: L3

January 23 Market Close: GovCon Index, US Stocks Fall on Trump Trade Pact Withdrawal Order

Executive Mosaic’s GovCon Index tumbled in conjunction with larger declines on Wall Street Monday as investors retreated from equities after President Donald Trump signed an executive order to withdraw from the 12-country Trans-Pacific Partnership trade agreement. GovCon Index decliners outnumbered gainers by a 4-to-1 ratio and two of its 11 S&P 500 …

Read More »

January 20 Market Close: GovCon Index Inches Gain, US Stocks Pare Advances After Trump Inaugural Speech

Executive Mosaic’s GovCon Index held higher Friday to post a weekly advance on boosts from from blue chip stock McKesson Corp. (NYSE: MCK) and aerospace company Rockwell Collins (NYSE: COL) after a first quarter earnings. U.S. stocks sharply pared their gains after now President Donald Trump’s inaugural speech as uncertainty set in equity markets on uncertainty …

Read More »

January 19 Market Close: GovCon Index Lifted by Platform Maker Gains Against Red Majority Ahead of Inauguration

Executive Mosaic’s GovCon Index closed higher Thursday as gains by large defense platform and product makers helped offset declines by a majority of the GCI’s 30 stocks with mid-tier prime contractors and government services providers in red. U.S. stocks traded lower by comparison with real estate the largest drag on equities in the …

Read More »

January 13 Market Close: GovCon Index Rebounds, Holds at Weekly Loss as Lockheed Halts 4-Day Slide

Executive Mosaic’s GovCon Index rebounded Friday with strong performances by defense prime stocks as U.S. stocks rose on investor optimism from quarterly earnings beats by large financial institutions and positive retail sales numbers from December. GovCon Index gainers outnumbered laggards by a 2-to-1 ratio and nine of its 11 S&P 500 stocks moved …

Read More »

January 12 Market Close: GovCon Index Down, Lockheed Extends Drag Over Investors’ Continued F-35 Focus

Executive Mosaic’s GovCon Index fell for a second straight session Thursday on continued declines by large aerospace and defense primes as U.S. stocks also tumbled with earnings season at the forefront of investor attention. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and two of its 11 S&P 500 components …

Read More »

L3 to Establish London Training Center, Aircraft Simulator Production Facility

TYSONS CORNER, VA, Jan. 11, 2017 — L3 Technologies‘ (NYSE: LLL) commercial training solutions business unit has partnered with the U.K.’s Surrey County Council to construct an airline training center and aircraft simulator production facility in London, ExecutiveBiz reported Tuesday. The company said Monday the L3 London Training Center is scheduled to open …

Read More »

January 10 Market Close: GovCon Index Moves Narrowly Green, S&P 500 Closes at No Change

Executive Mosaic’s GovCon Index traded narrowly higher Tuesday with help from middle-tier and government services companies to offset losses by large primes as U.S. stocks recorded another mixed session that saw industrials lag and healthcare stocks climb. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as five of its 11 S&P …

Read More »

DIA Picks 50 for Potential $6B Enterprise IT Services IDIQ

The U.S. Defense Intelligence Agency has selected 50 companies to compete for task orders to provide information technology support services to defense and intelligence agencies under a potential five-year, $6 billion contract vehicle. DIA said Friday it received 77 proposals for the Enhanced Solutions for the Information Technology Enterprise program …

Read More »

DIA Picks 11 For Potential $5B Analysis Support IDIQ

Eleven firms were awarded positions on the Solutions for Intelligence Analysis II contract that has a potential ceiling value of $5.6 billion, the Defense Department announced Tuesday. Work on the IDIQ will support intelligence analysis missions, national security policy makers, defense planners and war fighters. The Pentagon expects the winning contractors …

Read More »