The GovCon Index showed a nominal gain of 0.076 points to 69.839 Thursday as investors with interest in the defense and government contracting industries digested a new round of earnings statements from more of the sector’s largest companies. Thursday’s close represents the Index’s second straight day that ended below 70 and extend...
Six companies have won spots on a potential seven-year, $538 million contract to engineer and integrate battle management and command-and-control systems for the U.S. Air Force. The Air Force received 10 offers for its Platform for Engineering and Integration of Tactical and Strategic Systems contract through a competitive process and has ...
The GovCon Index closed Friday with a gain of 1.35% to 71.466. The Dow Jones, Nasdaq and S&P 500 indices also posted significant gains at 1.33%, 2.66% and 2.03%, respectively. West Texas Intermediate crude oil also went up over 9% to close at $32.20. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Change...
The GovCon Index closed up 1.35% to 71.466 as all US markets showed significant gains. The DJIA closed at 16, 093.51 up 1.33%, the S&P ended the day positive at 1, 906.90 up 2.03%, and the NASDAQ increased 2.66% to 4, 591.18. Global Oil prices all increased with WTI crude up over 9% to close at $32.20....
TYSONS CORNER, VA, January 21, 2016 ” BAE Systems will support Sevatec as the latter maintains intelligence data on the websites of the U.S. Coast Guard‘s Intelligence Coordination Center as part of a Enterprise Acquisition Gateway for Leading Edge Solutions II contract, ExecutiveBiz reported Wednesday. Sevatec said Tuesday...
The GovCon Index attempted a recovery from steep morning and midday losses as Monday’s closing bell approached after another volatile day for U.S. markets but ended at a loss of 0.531 points to 73.407. Both the GovCon Index and S&P 500 composite index were down a full percentage point in mid-afternoon before a swing into...
TYSONS CORNER, VA, January 11, 2016 ” BAE Systems has tasked Rome Research Corp., a PAR Technology subsidiary, to help operate and maintain U.S. Navy communications systems under a $12.9 million subcontract, ExecutiveBiz reported Friday. PAR Technology said Thursday the subcontract covers strategic communications and command, control, tele...
The GovCon Index closed Friday at a 1.181-percent drop to 73.739 and ended the week with a loss of 4.31 percent. The S&P 500 composite index joined the Dow Jones Industrial Average and Nasdaq index in correction territory with a decline of 1.08 percent Friday. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Ch...
The GovCon Index failed to hold momentum from a strong open Friday and closed at a decline of 1.181 percent to 73.739, which extends its current stretch of losses to three trading days. For the week, the Index recorded a loss of 4.31 percent and is down 6.27 percent from its Dec. 1, 2015 close...
TYSONS CORNER, VA, January 8, 2016 ” BAE Systems, General Dynamics (NYSE: GD) and Raytheon (NYSE: RTN) are among the key players Research and Markets identified in the global unmanned naval systems market through 2020, ExecutiveBiz reported Thursday. The market research company said Wednesday increased procurement and military expansion&nb...
