Executive Mosaic’s GovCon Index held higher Monday with large prime contractors the top advancers to offset a large decline by Rockwell Collins (NYSE: COL) on flat revenue guidance for its current fiscal year as U.S. stocks advanced on deal activity and new earnings reports. GovCon Index gainers outnumbered laggers at a 5-to-1 ratio ...
October 17 – October 21, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Another third quarter earnings reporting season is now underway for many large blue chip companies including some in the government contracting arena but that is merely one of many things looming over ...
TYSONS CORNER, VA, Oct. 20, 2016 ” Boeing (NYSE: BA) has received the first set of propulsion system hardware for the CST-100 Starliner spacecraft from Aerojet Rocketdyne, ExecutiveBiz reported Wednesday. Aerojet Rocketdyne said Tuesday the delivery includes the low-pressure port and starboard manifold assemblies. The propulsion ...
Textron (NYSE: TXT) reported third quarter earnings below Wall Street’s expectation Thursday on restructuring costs and lower commercial deliveries in its Bell Helicopter segment. GovCon Index-S&P 500 company Textron reported $0.61 earnings per share versus the $0.67 analyst consensus with third quarter EPS ex...
Northrop Grumman (NYSE: NOC) has secured a potential one-year, $35.8 million contract from the U.S. Navy to implement risk reduction efforts for the future MQ-25 unmanned carrier aviation air system. The Defense Department said Wednesday the company will work to refine concepts and develop trade space ahead of the engineering and...
Executive Mosaic’s GovCon Index closed at a slight loss Wednesday to show a fourth session of tight movement over the last five on mixed activity in its large-cap members as U.S. stocks rode gains by energy producers on a 15-month high settlement in crude oil prices. GovCon Index laggers slightly edged gainers and...
TYSONS CORNER, VA, Oct. 19, 2016 ” CAE (NYSE: CAE) has secured contracts worth $76.3 million combined from the U.S. Air Force and U.S. Navy as well as Boeing‘s (NYSE: BA) Insitu subsidiary and Rotorsim to provide aircrew training services, ExecutiveBiz reported Tuesday. The training services will cover operators and crew on the KC-135, T-...
Executive Mosaic’s GovCon Index posted little change for a second consecutive session Monday on mixed results among its large-cap companies as U.S. stocks closed mostly lower due to a sell-off in consumer and energy sector shares that coincided with a decline in crude oil prices. GovCon Index laggers outnumbered advancers and four&nb...
October 10 – October 14, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson We have yet another player in the GovCon M&A scene in the form of the company whose satellites help governments and businesses around the world map every piece of planet Earth down to the fine...
Executive Mosaic’s GovCon Index held higher Wednesday on gains by Huntington Ingalls Industries (NYSE: HII) and Honeywell International (NYSE: HON) as the U.S. stock bellwether S&P 500 index showed little change with the Federal Reserve‘s September meeting minutes the main focus of investor attention. GovCon ...
