Executive Mosaic’s GovCon Index swung to negative territory in a volatile afternoon session for U.S. stocks Friday as equities retreated from morning gains after reports surfaced that China’s navy seized a U.S. unmanned underwater drone in the South China Sea. The GovCon Index’s streak of five consecutive weekly gain...
Executive Mosaic’s GovCon Index closed lower Tuesday in a session that saw the U.S. stock bellwether S&P 500 close at an all-time record high as investors restarted post-election buying activity in sectors they expect to see growth under a Donald Trump administration. Tuesday’s flat movement by the GCI follows Monday’...
TYSONS CORNER, VA, Dec. 13, 2016 ” CACI International (NYSE: CACI) will support the U.S. Army in efforts to create modeling, simulation and training platforms for electro-optic/infrared and signals intelligence payloads under a three-year, $31 million task order, ExecutiveBiz reported Monday. The platforms will work to boos...
Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened. The GovCon Index traded down 2 percent sh...
Executive Mosaic’s GovCon Index advanced Friday to complete its sixth consecutive weekly gain in an extended post-election climb that has seen the GCI hit a series of record high closes. The GCI has risen 14.75 percent over six weeks with the U.S. stock bellwether S&P 500 composite index up 6.26 percent in that time as investors...
TYSONS CORNER, VA, Dec. 8, 2016 ” CACI International (NYSE: CACI) will provide deployable analytical operations, integrated intelligence and training services in support of the Joint Improvised-Threat Defeat Organization under a potential $1.77 billion task order from the General Services Administration, ExecutiveBiz reporte...
The U.S. Army has awarded four companies positions on a potential three-year, $47 million contract that covers organizational, administrative and technical personnel and equipment. The Defense Department said Wednesday contractors will provide staff and equipment to support theater combatant commands, theater special operati...
Executive Mosaic’s GovCon Index posted a fifth straight gain to a new all-time record close Wednesday on strong performances by Honeywell International (NYSE: HON) and L-3 Communications (NYSE: LLL) as U.S. stocks also advanced with the S&P 500 at a record close. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and seven o...
Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks registered...
TYSONS CORNER, VA, Dec. 6, 2016 ” Amazon Web Services (Nasdaq: AMZN) has added CACI International (NYSE: CACI) to an AWS-led program for technology partners that support customers’ cloud computing efforts, ExecutiveBiz reported Wednesday. CACI said Wednesday it also seeks to extend the firm’s cloud adoption ...
