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Tag Archives: rtn

November 15 Market Close: GovCon Index Post-Election Gain Streak Ends With 1% Decline, US Stocks Advance

Executive Mosaic’s GovCon Index ended its four-day post-election gain streak with a 1-percent decline Tuesday as investors sold defense shares that had surged since Donald Trump’s U.S. presidential election victory Nov. 8. In contrast, U.S. stocks were lifted Tuesday on bounces in technology and energy shares as the latter sector rose in conjunction with …

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November 14 Market Close: GovCon Index Posts 4th Straight 1%-Plus Gain, AECOM Surges on CEO’s Infrastructure Comments

Executive Mosaic’s GovCon Index added at least 1 full percent for a fourth consecutive session Monday to new all-time high as defense primes continued to lead gainers and construction company AECOM (NYSE: ACM) also climbed after its CEO offered investors a positive outlook on U.S. infrastructure spending. GovCon Index gainers outnumbered …

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Air Force Exercises $76M Contract Option for Raytheon Aerial Decoy Jammers

Raytheon (NYSE: RTN) has received a $76.1 million contract option to continue the production of Miniature Air Launched Decoy Jammer flight vehicles and support equipment for the U.S. Air Force. The Defense Department said Thursday the exercised option covers lot 10 of MALD-J vehicles and Raytheon’s missile systems business will perform work in Tucson, Arizona through …

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November 9 Market Close: GovCon Index Ends at Record High With 5% Surge, Investors Bet on Defense Spending Uptick

Executive Mosaic’s GovCon Index climbed 5 percent for a record one-day gain and closing value Wednesday as investors made large buys of shares in large defense primes on expectations of increased defense spending under incoming Pres. Donald Trump after his watershed election win Tuesday. The U.S. stock bellwether S&P 500 composite index …

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November 9 Intraday Special Report: GovCon Index Up 4% & Surging Toward Largest One-Day Climb, Defense Primes Pace Gains

As of 11:15 a.m. Eastern time, Executive Mosaic’s GovCon Index is trading up 4 percent and on pace to record its largest one-day gain since its October 2014 inception as investors have snapped up shares in large defense primes after the upset victory by Donald Trump in the U.S. presidential …

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November 8 Market Close: GovCon Index, US Stocks Move Green on Election Day

Executive Mosaic’s GovCon Index traded higher in conjunction with advances by U.S. stocks Tuesday as citizens cast their votes and investors looked for clues on the election’s final result. GovCon Index advancers outnumbered decliners at a 2-to-1 ratio and seven of its 11 S&P 500 companies moved green with General Dynamics (NYSE: GD) …

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Raytheon’s Dave Wajsgras: Cyber Tech, Workforce Essential to Prepare Against Potential Cyber War

TYSONS CORNER, VA, Nov. 8, 2016 — Dave Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence business segment, has said that the cyber workforce is as important as new technology in protecting the country from potential cyber threats and in event of a cyberwar, ExecutiveBiz reported Monday. “As cyber becomes even more …

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November 7 Market Close: GovCon Index Posts 2% Election Eve Rally as Markets Gain Vote Certainty

Executive Mosaic’s GovCon Index recorded its best one-day gain in seven weeks Monday with a 2-percent gain that mirrored across-the-board rallies by U.S. stocks as investors welcomed the FBI‘s weekend letter to reiterate the agency’s stance that Hillary Clinton’s email usage was not a crime. The U.S. stock bellwether S&P 500 composite index also barely …

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November 7 Morning Report: GovCon Index Enters Election Eve on 6-Week Losing Streak

Executive Mosaic’s GovCon Index enters the eve of the U.S. presidential election on a six-week streak of declines with Friday’s close at 78.088, up 0.024 points from Thursday. Both the GCI and U.S. stock market at-large have felt effects of election-related uncertainty among investors over the past month with frequent swings …

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November 4 Market Close: GovCon Index Stuck in Neutral, Posts 6th Straight Negative Week as Election Draws Closer

Executive Mosaic’s GovCon Index gave back most of its morning gains Friday to close in narrow range on mixed large-cap stock performances and register its sixth straight weekly decline. Friday afternoon trading activity saw the GCI reset itself with the larger U.S. financial market as investors watched for new election-related developments and gauged the …

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