Feb. 29 – Mar. 4 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government services contractors gained a new leading voice and public advocate this week in the form of a nearly 35-year veteran with a diverse background that includes high-profile roles in industry, the...
Engility Holdings (NYSE: EGL) — one of 30 companies listed in Executive Mosaic’s GovCon Index — swung to a net loss for the fourth quarter of 2015 on reductions to the company’s market capitalization value after it issued fiscal year 2016 guidance below Wall Street’s expectations. The Chantilly, Va.-based governmen...
The GovCon Index edged higher Wednesday with a gain of 0.300 points to 73.224 as the three major U.S. stock indices also closed narrowly up on new data investors welcomed as showing slight improvement in the U.S. economy. The latest National Employment Report from payroll processing services company ADP and Moody’s Analytics said pri...
The GovCon Index started March with a surge of 1.09 percent to 72.922 in activity that reflected larger gains in U.S. markets spurred by a climb in oil prices and a new manufacturing report that exceeded economists’ expectations. The Index has held above 72 points for three consecutive closes and four of the last six...
Lynn Dugle, a nearly 12-year veteran of Raytheon (NYSE: RTN), will join Chantilly, Virginia-based government services contractor Engility Holdings (NYSE: EGL) on March 21 as chief executive to succeed Tony Smeraglinolo, who has stepped down from the post after more than three years at the company. Dugle previously led Raytheon’s...
TYSONS CORNER, VA, February 29, 2016 ” Engility (NYSE: EGL) has helped the U.S. Army develop a universal communications encryptor for military devices to aid in the transmission of classified information, ExecutiveGov reported Friday. The Army reported Wednesday Engility and its partners worked with the Army Communications-Electronics...
The GovCon Index closed Friday with a nominal decline of 0.082 points to 72.487 on falling crude oil prices and a slight increase in inflation. The Index also posted a 1.538-percent gain for the week on economic uncertainty and commodity price declines. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Change NAV Na...
The GovCon Index posted a nominal decline of 0.082 points to 72.487 Friday, which puts the GCI at a gain of 1.538 percent for the week as markets continue to try to shake off turbulence from commodity price declines and uncertain economic prospects. The Index has climbed 9.67 points percent since the start of February a...
The GovCon Index held strong from a choppy morning session Thursday and ended at a gain of 1.134 percent to 72.570, which brings the Index out of correction territory after a one-day re-entry at the previous session’s close. The Index was in correction, or 10 percent down from its most recent high, for 13 days until Fr...
The GovCon Index climbed significantly today closing at 72.232 up 1.114 percent, pulling itself out of correction. All three markets — the Dow Jones Industrial, S&P 500 and the Nasdaq Composite — all showed robust gains approaching 1.50 percent, with WTI crude oil closing up 6.21 percent to $31.48. As reported by CNBC, Honeywell...
