The Executive Mosaic GovCon Index closed up 0.578 percent to 90.822 with the large platform and manufacturing companies leading the way. The GovCon Index advancing companies outpaced decliners 4 to 1. In what was a roller coaster of a trading day the major indices reacted minimally to the mixed news from the March jobs report. It was...
The Executive Mosaic GovCon Index reversed its six day downward trend to close up 0.436 percent to 90.300. There was positive movement in GovCon stocks as advancers outpaced decliners by 6 to 1. The major indices all closed slightly higher as energy stocks rose with crude oil prices and retailers are up on strong sales reports. Investors...
TYSONS CORNER, VA, April 4, 2017 ” Lockheed Martin (NYSE: LMT) has awarded an estimated $50 million subcontract to BAE Systems for support to the F-35 fighter jet fleet in the U.K., ExecutiveBiz reported Monday. BAE said Friday it will work with Lockheed to provide engineering, technical, training, maintenance and supply chain ma...
BAE Systems Inc., the British defense contractor’s U.S. subsidiary, has secured a potential $112 million contract to sustain and provide technical support for the U.S. Army‘s recovery vehicles. The four-year contract covers services for BAE-built M88A1 and M88A2 recovery vehicles, the company said Monday. BA...
BAE Systems‘ land and armaments unit has secured a $133.6 million firm-fixed-price contract from the U.S. Army to obtain materials needed for the production of M992A3 carrier ammunition-tracked vehicles and M109A7 howitzers. The Defense Department said Friday the Army Contracting Command obligated $44.2 million at the ...
Equity markets up for the first quarter: In spite of investors experiencing the Trump’s administration inability to pass healthcare legislation; the 0.25 percent increase in Federal Fund Rates (with strong speculation of more increases to come later in the year), the U.K. triggering Article 50, and the downward pressure on the energy sector an...
In spite of investors experiencing the Trump’s administration inability to pass healthcare legislation; the 0.25 percent increase in Federal Fund Rates (with strong speculation of more increases to come later in the year), the U.K. triggering Article 50, and the downward pressure on the energy sector and oil prices from the global oil glut the...
Even though advancers outpaced decliners 2 to 1 the Executive Mosaic’s GovCon Index closed down on the back of the 13.08 percent loss by SAIC (NYSE:SAIC). SAIC reported 4th quarter earning that fell short of analyst expectations. At market close WTI broke through the $50 mark closing at $50.40 up 0.89 per barrel on comments from...
Executive Mosaic’s GovCon Index reverses three day downtrend to close up at 91.877, +0.068 percent. U.S. markets showed minimal reaction as the United Kingdom enacted Article 50, officially notifying the EU of their intent to exit. Indices closed mixed with the S&P500 and NASDAQ closing up on the day and the DJIA down. GovCon Index ad...
Executive Mosaic’s GovCon Index moved down in lock step with the major U.S. markets. The major U.S. markets reversed their earlier gains to close down late in the day as the GOP delayed the vote on their healthcare bill. The Trump administration are still attempting to reach agreement with conservative Republicans on certain aspects of th...
