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Tag Archives: Orbital ATK

April 11 Market Close:GovCon Index Up With Major Indices Slightly Down

The Executive Mosaic GovCon Index closed up for the fifth consecutive day to 91.308 positive 0.507 percent. The GovCon Index advancing companies outpaced decliners 4 to 1. The major markets showed slight negative movement as investors still remain cautious of geopolitical issues in Asian and the Middle East. WTI continued it’s six …

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Orbital ATK Eyes Potential USAF Contract to Continue Next Generation Launch Vehicle Dev’t

TYSONS CORNER, VA, April 10, 2017 — Mike Laidley, vice president of the Next Generation Launch program at Orbital ATK (NYSE: OA), has said the company anticipates the U.S. Air Force to award launch service agreements for large space launch vehicles by early 2018, ExecutiveBiz reported Friday. Space News reported Wednesday Laidley indicated …

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April 10 Morning Report: GovCon Index Closes Friday and the Week in the Positive

The Executive Mosaic GovCon Index ended Friday up 0.578 percent to 90.822 for the day and closed at a weekly high. Both defense contractors and crude oil futures fared well after the U.S. action against Syria. On Friday GovCon Index advancing companies outpaced decliners 4 to 1. Major market indices reacted minimally to …

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April 7 Market Close:GovCon Index Up;Markets With Minor Reaction to Mixed March Jobs Report

The Executive Mosaic GovCon Index closed up 0.578 percent to 90.822 with the large platform and manufacturing companies leading the way. The GovCon Index advancing companies outpaced decliners 4 to 1. In what was a roller coaster of a trading day the major indices reacted minimally to the mixed news from the …

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Orbital ATK Builds Propulsion, Other Hardware for Rockets to Carry Large Payloads

TYSONS CORNER, VA, April 5, 2017 — Orbital ATK (NYSE: OA) has begun work to produce hardware for large and intermediate-class space launch vehicles as part of a U.S. Air Force effort to develop rockets that could carry sizable payloads to space, ExecutiveBiz reported Tuesday. The company said Monday it completed design …

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Orbital ATK Caps Support for 17-Year NASA Earth Observation Satellite Mission

TYSONS CORNER, VA, April 3, 2017 — Orbital ATK (NYSE: OA) has marked the culmination of its support for NASA‘s nearly 17-year Earth Observing-1 satellite mission, ExecutiveBiz reported Friday. The company said Thursday it has provided support for the validation and development of EO-1 satellite and instrument technologies as prime contractor, bus developer and …

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April 3 Morning Report: Markets Close Down on Friday, But End Quarter a Strong Note

Equity markets up for the first quarter: In spite of investors experiencing the Trump’s administration inability to pass healthcare legislation; the 0.25 percent increase in Federal Fund Rates (with strong speculation of more increases to come later in the year), the U.K. triggering Article 50, and the downward pressure on …

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March 31 Market Close: GovCon Index And Major Markets End a Strong First Quarter

In spite of investors experiencing the Trump’s administration inability to pass healthcare legislation; the 0.25 percent increase in Federal Fund Rates (with strong speculation of more increases to come later in the year), the U.K. triggering Article 50, and the downward pressure on the energy sector and oil prices from …

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General Dynamics, Orbital ATK Units Picked for Army’s Ammo Cartridge Supply

TYSONS CORNER, VA, March 31, 2017 — The U.S. Army has selected General Dynamics (NYSE: GD) and Orbital ATK (NYSE: OA) subsidiaries to provide new and recapitalized ammunition cartridges under respective contracts worth $63.7 million and $47.5 million, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the Army will use the cartridges from General …

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March 30 Market Close: GovCon Index Closes Down as Major Indices Close Up

Even though advancers outpaced decliners 2 to 1 the Executive Mosaic’s GovCon Index closed down on the back of the 13.08 percent loss by SAIC (NYSE:SAIC). SAIC reported 4th quarter earning that fell short of analyst expectations. At market close WTI broke through the $50 mark closing at $50.40 up 0.89 …

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