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Tag Archives: spending

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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Lockheed Down 5% at Midday, GovCon Index 2% Lower After Trump’s F-35 Twitter Criticism

Shares in Lockheed Martin (NYSE: LMT) traded down approximately 5 percent as noon Eastern time approached Monday after President-elect Donald Trump criticized the F-35 Joint Strike Fighter program on Twitter in the early morning hours. “The F-35 program and cost is out of control. Billions of dollars can and will …

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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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Byron Callan: 5 Defense Firms Collectively Spent $4B on R&D Projects in 2013

Data compiled by Capital Alpha Partners analyst Byron Callan shows that five U.S. defense firms collectively spent $800 million more on research and development last year than they did in 2012, C4ISR & Networks reported Wednesday. The publication reports that Boeing (NYSE: BA), L-3 Communications (NYSE: LLL), Lockheed Martin (NYSE: …

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Deltek’s John Slye: Proposed FY 2015 Federal Budget Highlights Agencies’ ‘Must-Have’ Investments

Deltek has published a report stating that agencies’ fiscal 2015 spending request figures indicate a growth in programmatic efforts throughout the government. The “FY 2015 Federal Budget Request: Challenges and Opportunities” report offers a look at contractor-addressable budgets and seeks to help industry plan strategies for business development, Deltek said …

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Deltek’s Chris Dixon: Local CIOs Report IT Spending Increases

A study conducted by Deltek and the Public Technology Institute indicates positive signs of recovery for local government spending on information technology, the Washington Post reported Monday. Chris Dixon, a Delter senior manager of state and local industry analysis, writes 235 responses were collected from city and county IT executives, who …

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