Executive Mosaic’s GovCon Index dropped Friday but registered a weekly gain as U.S. stocks took a break from their two-day surge after the Federal Reserve left interest rates unchanged Wednesday. The post-Fed decision rally helped the GCI add 2.57 percent over five days with its S&P 500-listed c...
September 19 – September 23 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson KBR™s expansion move into the U.S. and global government services markets became official on Monday when the Houston-based engineering company closed its $300 million purchase of the busin...
Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors. Thursday also represented the GovCon Index’s first day of...
Houston-based engineering and construction firm KBR (NYSE: KBR) has wrapped up its $300 million purchase of the U.S. government services business of Honeywell (NYSE: HON). KBR said Monday it will integrate Honeywell Technology Solutions Inc. into the KBRWyle government services organization, which KBR expects to generat...
Executive Mosaic’s GovCon Index closed at another all-time high Monday with 28 out of 30 companies including all 11 S&P 500-listed stocks in green and middle- to large-tier defense contractors as the session’s top advancers. L-3 Communications (NYSE: LLL) led all net gainers after the military technology maker was sele...
August 8 – August 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting sector observers got a twin bill of significant acquisition developments during the Thursday evening-Friday morning “down time” in financial markets t...
Houston-based engineering and construction company KBR (NYSE: KBR) has agreed to purchase the U.S. government services business of Honeywell (NYSE: HON) for $300 million in a push to continue expansion efforts in the federal market. KBR said Friday it expects to close the transaction subject to regulatory approval in October and the addition of...
July 5 – July 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Americans everywhere celebrated the country™s 240th birthday Monday and those interested in the U.S. space program had another reason to cheer as NASA™s Juno vehicle arrived inside Ju...
KBR (NYSE: KBR) has closed the $570 million purchase of government engineering and technical services contractor Wyle, which will operate under the name of KBRwyle within the parent company’s government services segment. KBR CEO Stuart Bradie said Tuesday the company expects government services revenue to total $2 billion per ye...
Qatar Public Works Authority has awarded KBR (NYSE: KBR) a $185 million extension for its existing contract to deliver full program management support for Qatar’s QAR 50B Expressway Program for another three years. KBR provides management support on the project, as well as oversees supervision, design and construction consultant...
