August 15 – August 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The long-awaited, much-anticipated and well-documented merger of Leidos into the now former Lockheed Martin information technology and technical services business completed on Tuesday. As i...
Executive Mosaic’s GovCon Index rebounded Thursday from a two-session stretch of losses on a surge by CACI International‘s (NYSE: CACI) stock after the government services contractor topped Wall Street’s fourth quarter and full-year forecasts. Arlington, Virginia-based CACI said the February acquisition of the Nation...
ManTech International (Nasdaq: MANT) has received a potential five-year, $208 million cost-plus-fixed-fee task order from the Defense Technical Information Center to provide support for the U.S. Marine Corps Intelligence, Surveillance and Reconnaissance Enterprise. The company said Wednesday it will provide re...
Executive Mosaic’s GovCon Index extended its losses Wednesday on another steep drop by Lockheed Martin (NYSE: LMT) and declines by services contractor stocks despite an afternoon reversal by U.S. stocks into narrow range from red after the latest Federal Reserve meeting minutes went public. GCI gainers slightly outnumbered laggers wi...
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...
Executive Mosaic’s GovCon Index staged a rally Thursday to barely miss a new record close as Orbital ATK (NYSE: OA) regained some ground from a record plunge in the previous session and Lockheed Martin (NYSE: LMT) rose to a new 52-week high in intraday trade. The Index closed 0.179 points shy of the current record close set...
ManTech International (Nasdaq: MANT) has received two task orders worth up to $110 million combined for cybersecurity and cloud computing services in support of the Department of Homeland Security‘s Continuous Diagnostics and Mitigation program. The General Services Administration awarded the task orders on behalf of DHS fo...
TYSONS CORNER, VA, Aug. 9, 2016 ” The Naval Sea Systems Command has awarded ManTech International (Nasdaq: MANT) a $47 million bridge contract modification to continue sustainment and operation support for the U.S. Navy‘s Ship Maintenance and Logistics Information Systems program, ExecutiveBiz said Monday. The contract...
Executive Mosaic’s GovCon Index traded downward Tuesday on sharp declines in Boeing (NYSE: BA) and major services-oriented contractors while Harris Corp. (NYSE: HRS) soared 2.71 percent on news of its board of directors membership agreement with activist hedge fund Jana Partners. The GovCon Index declined 0.316 po...
Executive Mosaic’s GovCon Index traded higher Monday in mixed activity for U.S. stocks as Engility Holdings (NYSE: EGL) surged on a second quarter earnings beat with General Dynamics (NYSE: GD) and Cubic Corp. (NYSE: CUB) also as top performers. The GovCon Index added 0.252 points to 82.500 with four of the GCI’s 11 S&...
