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Tag Archives: lll

L3 to Deliver M783 Mortar Fuzes Under Army FMS Contract Modification

TYSONS CORNER, VA, Jan. 23, 2017 — L3 Technologies‘ (NYSE: LLL) fuzing and ordnance systems unit has secured a $32 million contract modification from the U.S. Army for M783 Point Detonating/Delay mortar fuzes, ExecutiveBiz reported Friday. The company said Thursday it will supply mortar fuzes to an international customer as part of the Foreign …

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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 …

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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 …

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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 …

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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 …

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January 11 Market Close: GovCon Index Lower, Lockheed Hits 2% Intraday Decline After Trump F-35 Remarks

Executive Mosaic’s GovCon Index pared losses Wednesday afternoon but closed lower for the session as McKesson Corp. (NYSE: MCK) and large primes weighed despite gains by all three of the U.S.’ major stock indices. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and six of its 11 S&P 500 stocks advanced with General Dynamics (NYSE: …

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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 …

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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 …

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January 9 Market Close: GovCon Index Lower in Mixed US Stock Trading Session

Executive Mosaic’s GovCon Index traded lower Monday on declines by large and middle-tier prime contractors as U.S. stocks showed mixed results after biotechnology gains lifted the Nasdaq composite index to an all-time record close and utilities weighed on the S&P 500 composite index. GovCon Index laggards outnumbered gainers by an 9-to-1 ratio and …

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December 31 & 2016 Market Close: GovCon Index Lower, Ends at 16% YTD Gain

Executive Mosaic’s GovCon Index retreated Friday in the final trading session of 2016 to close a negative December but but a positive year on a boost to defense stocks in the post-election rally that has swept through U.S. markets. The GovCon Index closes 2016 with a year-to-date gain of 16.73 percent as the U.S. stock …

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