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Tag Archives: Orbital ATK

August 26 Market Close: GovCon Index Down, US Stocks Mixed After Fed Chair’s Hawkish Rate Hike Outlook

Executive Mosaic’s GovCon Index stumbled to negative in late morning trade Friday for a second straight weekly loss as U.S. stocks tried for gains shortly before the close after Federal Reserve Chair Janet Yellen told central bankers in Wyoming she believes the case has strengthened for another interest rate hike. Friday’s close …

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August 25 Market Close: GovCon Index Down on McKesson Plunge Despite L-3 Upgrade & Bullish JPMorgan Defense Stock Forecast

Executive Mosaic’s GovCon Index stumbled to negative late afternoon Thursday on a plunge in McKesson Corp. (NYSE: MCK) with other health stock declines despite an upgrade to L-3 Communications (NYSE: LLL) by JPMorgan and gains by other defense primes and government services providers. GovCon Index gainers outnumbered laggers by roughly 2-to-1 ratio and eight …

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August 23 Market Close: GovCon Index Held Down By Large Primes Against US Stock Gains

Executive Mosaic’s GovCon Index traded lower against across-the-board gains by U.S. stocks Tuesday as declines by large prime defense contractors weighed on the GCI. GovCon Index gainers edged laggers but only four of the GCI’s 11 S&P 500-listed stocks closed green as Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) ended as the …

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August 22 Market Close: GovCon Index Rises Against Choppy US Stock Trade

Executive Mosaic’s GovCon Index recovered from a slightly negative open Monday and held positive against choppy activity in U.S. stock markets as speculation over the next interest rate hike continued to dominate investors’ attention. GovCon Index gainers outnumbered laggers and unchanged stocks by a 2-to-1 ratio and eight of the GCI’s 11 …

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Lockheed-Boeing JV Rocket Carries Orbital ATK-Built Satellites to Space

TYSONS CORNER, VA, Aug. 22, 2016 — A joint venture of Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) collaborated with the U.S. Air Force to launch the latest Geosynchronous Space Situational Awareness Program satellites built by Orbital ATK (NYSE: OA), ExecutiveBiz reported Friday. The Air Force said Friday the launch aboard United …

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August 22 Morning Report: GovCon Index Drops Friday, Closes Week With Narrow Gain

Executive Mosaic’s GovCon Index recorded a decline of  0.090 points to 82.025 Friday and closed the week with a gain as four of GCI’s 11 S&P 500-listed stocks ended in green during the period’s last trading session. CACI International (NYSE: CACI) led the net gainers along with other midtier primes, while …

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August 19 Market Close: GovCon Index Narrowly Down, Ends Week at Slight Gain

Executive Mosaic’s GovCon Index pared back some losses in late afternoon trade Friday to register a narrow weekly gain as Lockheed Martin (NYSE: LMT) extended its stretch of declines to a fourth straight day and CACI International (NYSE: CACI) again led gainers along with other mid-tier primes. Four of the GovCon Index’s 11 S&P …

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August 16 Market Close: GovCon Index Down, Lockheed in Steep Red & Leidos Up After Deal’s Closure

Executive Mosaic’s GovCon Index dropped at least one full net point Tuesday for the first time since June 24 on a sharp drop in Lockheed Martin (NYSE: LMT) shares upon the defense contractor’s completion of the spinoff and subsequent merger of its government and technical services business into Leidos Holdings (NYSE: LDOS). Lockheed was the GCI’s …

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Orbital ATK, NASA Analyze Data From 2nd SLS Booster Qualification Test

TYSONS CORNER, VA, Aug. 16, 2016 — Orbital ATK (NYSE: OA) continues to work with NASA to analyze data from a second qualification test on the company-built booster engine for the Space Launch System, ExecutiveBiz reported Monday. The space agency said Friday initial test results indicate that the booster functioned according to objectives at 40 degrees Fahrenheit, …

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Orbital ATK Targets September for Return to Flight of Antares Rocket

TYSONS CORNER, VA, Aug. 15, 2016 —  Orbital ATK (NYSE: OA) has set a goal of launching its Antares flight vehicle in the second half of September after the rocket completed a stage test in May, ExecutiveBiz reported Friday. The company is working with NASA to set the return-to-flight date for Antares along with the OA-5 cargo resupply mission to …

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