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The GovCon Index staged a recovery in afternoon trade after a limp open Thursday but closed at a loss of 0.059 points to 78.791 as Britain’s referendum on whether to exit the European Union continued to dominate global financial market activity. All campaign activities surrounding the “Brexit” vote set for Thursday were...
Science Applications International Corp. (NYSE: SAIC) has won an $84.7 million contract to manage the U.S. Armyâs high-performance computing services. McLean, Virginia-based SAIC will also provide technical support for the computing systems and perform work in various U.S. locations through June 26, 2017, the Defense Department sai...
The GovCon Index was dragged Monday by the across-the-board selloff in U.S. stocks and closed at a steep decline of 1.288Â percent to 78.912. McLean, Virginia-based Science Applications International Corp. (NYSE: SAIC) was the GCI’s lone gainer at 2.16Â percent after the contractor reported first-quarter earnings and reve...
Science Applications International Corp. (NYSE: SAIC) — one of 3 companies listed in Executive Mosaic’s GovCon Index — has reported first quarter earnings and revenue figures above the consensus Wall Street forecasts with sales contributions from the Scitor business acquired a year ago. The McLea...
The GovCon Index closed Friday with a decline of 0.551 points to 79.942 but ended with its fourth consecutive weekly gain with a 1.20-percent increase. Upgrades to prime defense contractor stocks including L-3 Communications (NYSE: LLL) and strong performances from Boeing (NYSE:...
The GovCon Index stumbled from the open Friday and closed down 0.551 points to 79.942 as investors continued to pull back from the GCI’s six-day prior rally and U.S. stock benchmark S&P 500’s three-day stretch of gains that ended Thursday. Despite Friday’s decline, the GCI ends the week up 1.20 percent toÂ&nbs...
The GovCon Index stretched its current streak of gains to five Tuesday by 0.212Â points to 79.746 on an upgrade to L-3 Communications (NYSE: LLL) and a spike in Navistar International (NYSE: NAV) shares despite a full-year revenue guidance cut. Credit Suisse lifted its target price on L-3 to $169.00 and held a “Buy” rating on...
American Systems has won a potential five-year, $85 million contract to provide operational test and evaluation support for the U.S. Air Forceâs fourth- and fifth-generation fighter aircraft and related systems. The Air Force’s operational test and evaluation center at Kirtland ...