The Executive Mosaic GovCon Index closed down today 0.477 percent to 95.33. Advancing and declining shares were pretty much evenly split. The major indices closed mixed on the day with the S&P500 and DJIA down and the NASDAQ up. The continued drop in oil prices pulled energy and industrial stocks down, as technology stocks moved up. WT...
Huntington Ingalls Industries (NYSE: HII) has received a potential $3.01 billion contract modification to design and construct a Landing Helicopter Assault Replacement Flight 1 amphibious assault ship for the U.S. Navy. The Defense Department said Friday work under the fixed-price-incentive will primarily occur in Mississippi, Wi...
At Friday’s close the Executive Mosaic GovCon Index closed down for the week 0.78 percent. On the week the major indices closed in the positive with mixed messages throughout the week about sub-par housing data, sluggish performance from the technology stocks, and Federal Reserve raising interest rates for the second time in 2017. Cr...
The Executive Mosaic GovCon Index closed down today, with a mix of service and platform companies leading the pack. Many U.S. stocks slipped today and the dollar weakened with Treasury yields due to sub-par housing data. These two factors, combined with the general slump in consumer sentiment, add merit to experts’ argument that Amer...
The Executive Mosaic GovCon Index closed up for the fifth consecutive day with a mix of service providers and platform companies leading the pack. Technology stocks rebounded from a two-day slump, what Bloomberg called the worst slide of the year. During the course of the day, the Dow Jones Industrial Average hit a new intraday high, the...
John Temple, formerly vice president of contracts and supply chain management for Savannah River Nuclear Solutions, has been appointed VP of strategic sourcing at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division. HII said Tuesday he will oversee the division’s sourcing and procurement...
The Energy Department‘s National Nuclear Security Administration has awarded separate contracts for the operations and maintenance as well as security of the Nevada National Security Site near Las Vegas. A joint venture of Honeywell (NYSE: HON), Jacobs Engineering Group (NYSE: JEC) and Huntington Ingalls Industries‘ (NYSE:...
Ashley Godwin, formerly senior defense and government affairs adviser for the Shipbuilders Council of America, has joined Huntington Ingalls Industries (NYSE: HII) as director of federal policy. HII said Wednesday she will help develop the company’s legislative and federal policy priorities in support of future sh...
The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup May 22 – May 26 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This past Tuesday, President Donald Trump released his first budget proposal for fiscal 2018 and the blueprint su...
Jennifer Boykin, vice president of engineering and design at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division, has been promoted to president of the division and executive vice president of the company, effective July 1. She will succeed Matt Mulherin, who will retire from the company by Aug. 1 ...
