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Tag Archives: TXT

Textron Subsidiary Wins $475M USSOCOM Unmanned Aircraft ISR Services IDIQ

AAI, a subsidiary of Textron (NYSE: TXT),  has won a potential $475 million contract to provide unmanned aircraft system intelligence, surveillance and reconnaissance services to the U.S. Special Operations Command. The indefinite-delivery/indefinite-quantity contract has an ordering period of four and a half years and will run through July 2022, the Defense Department said Monday. USSOCOM received …

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December 19 Market Close: GovCon Index Higher on Lockheed & Prime Gains, US Stocks Up With Caution on Global Turmoil

Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 ratio and …

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December 15 Market Close: GovCon Index Ends 3-Day Slide on HII & Services Gains

Executive Mosaic’s GovCon Index inched higher Thursday to end its three-day streak of declines on a large gain by Huntington Ingalls Industries (NYSE: HII) and contributions from services-oriented companies as U.S. stocks also climbed after the release of new economic data. GovCon Index gainers edged decliners 16-14 as six of its 11 S&P 500 …

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December 2 Market Close: GovCon Index Inches Up for 4th Straight Positive Week, US Stocks Mixed on November Jobs Beat

Executive Mosaic’s GovCon Index traded higher Friday in a mixed session for U.S. stocks as investors looked at November jobs figures above economists’ expectations and furthered anticipation of an interest rate hike Dec. 14. The GCI ends at its fourth straight weekly advance, while the S&P 500 closed flat Friday …

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December 1 Market Close: GovCon Index Flat on Services Stock Declines & Aerospace Gains

Executive Mosaic’s GovCon Index closed in narrow range Thursday to start the final month of 2016 as sharp declines by government services contractors offset large gains for aerospace stocks in a session that saw U.S. stocks close mixed. GovCon Index decliners outnumbered advancers by a 2-to-1 ratio and five of its 11 S&P 500 stocks …

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November 29 Market Close: GovCon Index Briefly Touches, Closes Short of 90 Points

Executive Mosaic’s GovCon Index ended at an all-time record close for a fourth session over the last five Tuesday and briefly touched the 90-point barrier for the first time in its two-year history during afternoon trade to resume its post-election rally with defense stocks in particular strong performers. The U.S. equity benchmark S&P 500 also climbed …

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November 25 Market Close: GovCon Index Sets 3rd Straight Record Close in Half-Day Session

Executive Mosaic’s GovCon Index set a third straight record-high close Friday to a third consecutive weekly gain in a shortened U.S. stock trading session as financial markets closed at 1 p.m. Eastern time. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and all 11 of its S&P 500 stocks closed green with Huntington Ingalls …

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November 16 Market Close: GovCon Index Lower as Defense Primes Slow Post-Election Surge

Executive Mosaic’s GovCon Index traded lower Wednesday on sell-offs in its largest defense prime components as U.S. stocks also held modestly down with financial stocks and utilities among the most notable decliners. GovCon Index laggards outnumbered gainers by a 2-to-1 ratio and all 11 of its S&P 500 components fell with Lockheed Martin …

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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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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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