Executive Mosaic’s GovCon Index closed at a new all-time high for a fourth consecutive session on strong fourth quarter earnings from Huntington Ingalls Industries (NYSE: HII) as the U.S. benchmark S&P 500 retreated Thursday after a five-day stretch of record closes. Both the GCI and U.S. equities had set cont...
Executive Mosaic’s GovCon Index and all three major U.S. stock indices moved further into record-high territory Wednesday after President Donald Trump repeated his plans to cut taxes and simplify the tax code after a meeting with retail company executives. GovCon Index advancers outnumbered decliners by a 9-to-1 ratio as nine of its 11 S&...
Executive Mosaic’s GovCon Index hit a new all-time record close Tuesday on a strong performance from blue chip stock McKesson Corp. (NYSE: MCK) as U.S. equities also reached new highs for a third consecutive session Tuesday after Federal Reserve Chair Janet Yellen’s testimony to Senate lawmakers on Capitol Hill. GovCo...
TYSONS CORNER, VA, Feb. 9, 2017 ” A new Research and Markets report has stated that BAE Systems, CAE (NYSE: CAE), L3 Technologies (NYSE: LLL), Northrop Grumman (NYSE: NOC) and Thales are among the key players in the global unmanned aerial vehicle flight training and simulation market, ExecutiveBiz reported Wednesda...
Italy-based defense and aerospace conglomerate Leonardo has designated its U.S. subsidiary DRS as prime contractor for an industry team that will bid on the U.S. Air Force‘s T-X fighter pilot trainer contract. DRS said Wednesday it will collaborate with CAE USA and International Turbine Engine Company&nb...
Executive Mosaic’s GovCon Index traded lower Wednesday on declines by services-oriented contractors as U.S. stocks traded in narrow range with financial shares the main laggards and crude oil prices again a focal point of investor attention. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio as three of its 11 S&P 500 c...
Executive Mosaic’s GovCon Index closed higher Tuesday with a strong performance by Boeing (NYSE: BA) the main contributor, while U.S. stocks ended slightly green despite an afternoon descent as investors eyed oil price declines. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as nine of its 11 S&P 500 components advanced ...
TYSONS CORNER, VA, Feb. 6, 2017 ” The Australian air force has exceeded 5,000 hours of utility aircraft simulator training since the 2014 launch of CAE‘s (NYSE: CAE) training facility in Sale, Victoria, ExecutiveBiz reported Friday. The center was constructed under a contract from Australia’s capability acquisition and sustainm...
Executive Mosaic’s GovCon Index held onto its gain Wednesday with help from Boeing (NYSE: BA) on the airplane maker’s fourth quarter results above analyst forecasts to offset the decline by Textron (NYSE: TXT) after its October-December figures disappointed Wall Street. U.S. stocks by comparison hit all-time highs again in comparison as...
TYSONS CORNER, VA, Jan. 19, 2017 ” CAE (NYSE: CAE) has landed contracts worth a total of $134.1 million from international military customers for new simulation technologies, simulator updates and training support services, ExecutiveBiz reported Tuesday. The company said Tuesday it closed a deal with Airbus‘ defense and space bu...
