Executive Mosaic’s GovCon Index held in slight negative range Monday as gains by services contractors Engility Holdings (NYSE: EGL) and CACI International (NYSE: CACI) failed to offset declines by defense primes and platform makers. The GovCon Index declined 0.110 points to 81.678 and only two of the GCI’s 11 S&P ...
TYSONS CORNER, VA, July 25, 2016 ” Cobham has received an $8 million contract from Northrop Grumman to create a motion control system for its two microwave instruments intended to be used for National Oceanic and Atmospheric Administration™s Joint Polar Satellite System program, ExecutiveBiz reported Friday. The company will...
Executive Mosaic’s GovCon Index closed Friday with a gain of 0.289 points to 81.788 but remained in the negative with a nominal five-day 0.031-point drop. The decline comes amid the large selloff of stocks in the defense and GovCon sectors Thursday as reports on second-quarter earnings among government contracting...
Executive Mosaic’s GovCon Index reversed an initial weak open to register a gain Friday that was not enough to push the GCI to positive for the week as second quarter earnings reports started for government contracting companies. The GovCon Index added 0.289 points to 81.788 Friday but ended at a nominal five-day ...
July 18 – July 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As is the custom of recent times, Lockheed Martin started a new earnings season for GovCon companies Tuesday with a boost to its full-year guidance and second quarter financial results that ...
Executive Mosaic’s GovCon Index tumbled Thursday on large declines among defense prime companies as U.S. stocks traded lower on falling oil prices and mixed earnings reports among blue chips. The GovCon Index declined 0.694 points to 81.499 as none of the GCI’s 11 S&P 500-listed stocks closed at a ...
Executive Mosaic’s GovCon Index scored a gain in choppy trade Tuesday on help from defense prime stocks such as Lockheed Martin (NYSE: LMT), which posted second quarter earnings and sales above analyst expectations but issued some caution to analysts on future earnings and the F-35 program. The GovCon Index closed up 81.865 points to 0.27...
Lockheed Martin (NYSE: LMT) lifted full-year earnings and revenue guidance Tuesday and exceeded analysts’ second quarter estimates for both figures on sales from the Sikorsky helicopter business acquired in November as negotiations between the company and U.S. government continue on the next two F-35 fighter jet batches. Bethesd...
NASA has awarded separate contracts to five companies to perform concept studies for a future Mars orbiter mission as part of efforts to develop telecommunications and global high-resolution imaging tools to support the space agency’s exploration of the Red Planet. The agency said Monday its Jet Propulsion Laborat...
A joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) has received a potential $89.8 million contract to update the fire control radar systems on the U.S. Army™s Apache helicopters. Longbow LLC will perform software updates and build 84 radar electronics units under the contract, Lockheed said ...
