Executive Mosaic’s GovCon Index and all three major U.S. stock indices moved further into record-high territory Wednesday after President Donald Trump repeated his plans to cut taxes and simplify the tax code after a meeting with retail company executives. GovCon Index advancers outnumbered decliners by a 9-to-1 ratio as nine of its 11 S&...
TYSONS CORNER, VA, Feb. 15, 2017 ” Northrop Grumman (NYSE: NOC), Redstone Defense Systems and the U.S. Army have conducted a test flight of an updated UH-60V Black Hawk helicopter fitted with Northrop’s Integrated Avionics Suite, ExecutiveBiz reported Tuesday. Northrop said Monday the helicopter’s digitized cockpit with di...
Executive Mosaic’s GovCon Index rose Monday in tandem with major U.S. equity indices that set new record highs as investors continued to bet President Donald Trump’s plans for lower corporate taxes and regulations can boost economic growth. GovCon Index advancers outnumbered decliners by an 8-to-1 ratio as 10 of its 11 S&P ...
TYSONS CORNER, VA, Feb. 13, 2017 ” A Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Comtech Telecommunications (Nasdaq: CMTL) team has integrated and tested a new communications terminal with the Advanced Extremely High Frequency network, ExecutiveBiz reported Friday. The test works to check the Low Cost Terminal‘...
Executive Mosaic’s GovCon Index closed above the 90-point barrier for the first time in two months Friday to end the week higher as all three major U.S. stock indices closed at record highs for a second consecutive session on extended investor anticipation over President Donald Trump’s tax announcement within the next few weeks. GovCon I...
The U.S. Army has awarded eight companies positions on a potential nine-year, $3.04 billion contract to support research and development of space or high-altitude and missile defense technologies. Contractors will vie for task orders to help the Army design, build, integrate, demonstrate and provide domain-one services for hardware and sof...
Executive Mosaic’s GovCon Index climbed Thursday on strong gains by large aerospace primes and services contractors as all three major U.S. stock indices hit record highs in intraday trade after President Donald Trump said he would give a tax policy announcement in the next few weeks. GovCon Index gainers outnumbered laggards by a 5-...
TYSONS CORNER, VA, Feb. 9, 2017 ” A new Research and Markets report has stated that BAE Systems, CAE (NYSE: CAE), L3 Technologies (NYSE: LLL), Northrop Grumman (NYSE: NOC) and Thales are among the key players in the global unmanned aerial vehicle flight training and simulation market, ExecutiveBiz reported Wednesda...
Executive Mosaic’s GovCon Index notched a small advance Monday on help from large aerospace-and-defense primes as U.S. stocks held lower without a major event as a driver of trading activity in equity markets. GovCon Index gainers and decliners split even at 15-each but eight of its 11 S&P 500 components gained with sev...
The Defense Department and Lockheed Martin (NYSE: LMT) have finalized an $8.5 billion contract for the manufacturer to supply 90 lot 10 F-35s, an order that is $728 million less than the cost of the previous batch of the fighter jets, Reuters reported Friday. Mike Stone writes the latest F-35 deal lowers the price of the air...
