The GovCon Index closed Friday with a gain of 0.066 percent to 71.436. Both the Dow Jones Industrial Average and S&P 500 saw slight declines following another oil price drop, while the Nasdaq Composite received a boost from Applied Materials (Nasdaq: AMAT) and technology stocks to end the day in the positive. Top GovCo...
The GovCon Index barely held positive territory in a narrow final hour of trade Thursday to record a nominal gain of 0.041 points to 71.389 Thursday and remain in a correction for the seventh consecutive day, or 10 percent down from its most recent high on Dec. 1. ManTech International (Nasdaq: MANT) rose 1.48 percent after...
The GovCon Index bounced higher for a third consecutive session Wednesday with a gain of 1.411 percent to 71.348, a close that holds the Index barely in correction territory for a sixth straight day. The Index is 10.05 percent down from its most recent high of 79.332 on Dec. 1 and has entered correction territory...
The GovCon Index carried its positive momentum from Friday’s rally with a gain of 1.531 percent to 70.355 Tuesday — its first close above 70 in two days — on a bounce in confidence from investors that some equities may have been oversold. Gains among consumer, industrial and financial shares helped drive the S&P 500...
Feb. 1 – Feb. 5 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Last week in this space, we announced the 2016 edition of Executive Mosaic’s annual Wash100 list, our selection of the government contracting arena’s most influential leaders and voic...
The GovCon Index held in positive territory in choppy trade Thursday with a nominal gain of 0.109 points to 71.005 held up large jumps in the share prices of government services contractor CACI International (NYSE: CACI), satellite provider Intelsat (NYSE: I) and armored truck maker Navistar International (NYSE: NAV). With Thursday’s gain, the...
The GovCon Index turned around steep losses from morning trade Wednesday to end at a gain of 0.425 points to 70.769, a close that keeps the Index in a correction, or 10 percent off its most recent high. U.S. stocks rode a late increase in oil prices and gains by financial shares to a reversal...
As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives...
Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings report...
Engility (NYSE: EGL) will continue to provide classified systems engineering, intelligence analysis and program management services to the Defense Department under a five-year, $82 million contract. The company said Tuesday the sole-source renewal contract also includes records and data management support, financial and technical analysis ...
