The Executive Mosaic GovCon Index (GCI) closed up 0.478 percent to 106.661. Advancing shares outpaced declining 3 to 1. The major indices barely changed on the day as Janet Yellen gave a caution to tightening monetary too gradually. The S&P500 closed at 2,496.84 up 0.01 percent, while the DJIA fell 0.05 percent to 22,284...
The Executive Mosaic GovCon Index (GCI) continued to move up in posting its fifth consecutive day of gains. The CGI closed at 105.814 up 0.377 percent with advancing shares outpacing declining 3 to 1. The S&P500 and DJIA ended their prolonged streak of gains to close in the negative today. The S&P500 ended the day at 2,500.60...
The Executive Mosaic GovCon Index (GCI) increased significantly on the day reaching a new YTD high of 104.137 up 1.786 percent. Orbital ATK and Northrop Grumman top the GCI with the news of Northrop Grumman’s intent to acquire the global aerospace and defense company. The three major indices all closed in the positive. The...
TYSONS CORNER, VA, Sept. 18, 2017 ” Mark Keeler, acting president of BAE Systems‘ intelligence and security sector, has been named to the board of directors of the Northern Virginia Technology Council, GovCon Executive reported Thursday. The council said Tuesday Keeler will join IntelliDyne CEO Tony Crescenzo, The Ambit Group CEO Kim...
Raytheon‘s (NYSE: RTN) missile systems business has secured a $127.1 million contract modification to provide 155mm Excalibur projectiles to the U.S. Army. The Defense Department said Friday Raytheon will perform contract work through April 30, 2019 in Arizona, California, Iowa, Missouri, Ohio, Pennsylvania, Utah,...
TYSONS CORNER, VA, Sept. 14, 2017 ” Manish Parikh, vice president of business development and strategy for BAE Systems‘ U.S. operations, has said cloud computing, cyber hardening and data analytics are the key technology areas that present growth opportunities for the company’s intelligence and security sector. “The futur...
The Executive Mosaic GovCon Index (GCI) closed down 0.456 percent to 101.596. Advancing shares slightly lagged declining 12 to 17. The three major indices closed mixed on the day. The S&P500 closed down 0.11 percent to 2,495.62, while the DJIA set a new high gaining 0.20 percent to 22,203.48, and the NASDAQ Composite moved downward by ...
The Executive Mosaic GovCon Index (GCI) followed the major indices to close up 0.787 percent to 102.181, reaching a new 30 day high. Advancing outpaced declining shares 6 to 1. Investors responded positively to better than expected damage reports from Hurricane Irma. The major indices all closed up as the S&P500 reached a new high of 2...
The State Department has cleared Bahrain™s request to buy F-16V fighter aircraft variant, services for the upgrade of F-16 Block 40 jets to F-16V configuration, TOW missiles and fast-patrol boats under four foreign military sales agreements worth approximately $3.95 billion combined. Bahrain requested to purchase 19 F-16V fighter...
The Executive Mosaic GovCon Index (GCI) ended Friday down .745 percent from Tuesday’s opening value. Friday saw the platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all sharing the top four slots of the GCI, all posting in excess of 1.0 percent gains. The short trading week saw the major indices all po...
