September 6 – September 9 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With summer official coming to a close and the nation celebrating Labor Day we see the government contracting community returning to their normal schedules. With the federal budget year ending on Sept...
Executive Mosaic’s GovCon Index closed down slightly for the second straight day. GovCon stocks split evening with 1/2 advancing and 1/2 declining. The biggest gainer in the GovCon sector was SAIC closing at $69.95, up $3.95 or 6.01%. SAIC released strong quarterly earning of $0.85 per share, beating the Wall Street expectations by $0.06....
TYSONS CORNER, VA, Sept. 8, 2016 ”The Defense Department voiced support for Lockheed Martin‘s (NYSE: LMT) and Boeing‘s (NYSE: BA) plans to establish manufacturing for their F-16 and F-18 fighter jets in India under the Make in India project, ExecutiveBiz reported Tuesday. The companies will lead technology t...
TYSONS CORNER, VA, Sept. 8, 2016 ” South Korea may purchase four Boeing-developed (NYSE: BA) P-8 Poseidon maritime surveillance aircraft as North Korea continues test firings of its submarine-launched ballistic missiles, ExecutiveBiz reported Wednesday. The country seeks an anti-submarine aircraft equippe...
TYSONS CORNER, VA, Sept. 7, 2016 ” Boeing (NYSE: BA) will work with NASA to test a new insulation system that will be used to protect the Space Launch System during its Mars exploration missions, Executive Gov reported Tuesday. The space agency said Saturday the qualification tests will focus on three types of...
Executive Mosaic’s GovCon Index continued its pre Labor Day rise with another positive close to 82.015. Energy companies lead U.S. stocks higher Tuesday in hopes for an agreement among oil producing countries that could limit production and send crude prices and company profits higher. GovCon Index gainers outnumbered laggers by a roughly...
Executive Mosaic’s GovCon Index posted a gain of 0.508 percent or 0.412 points Friday to close at 81.565 and end a three-day losing streak as investors bet against the possibility of an interest rate hike in September. The Index also registered a weekly gain with S&P 500-listed Northrop Grumman (NYSE: NOC) as ...
Executive Mosaic’s GovCon Index ended its three-day losing streak Friday after August’s jobs report missed economists expectations to register a weekly gain and investors bet against the possibility of a September interest rate hike. GovCon Index gainers outnumbered laggers by a roughly 9-to-1 ratio and S&P 500-listed&...
TYSONS CORNER, VA, Sept. 2, 2016 ” A new U.S. Air Force facility at Altus Air Force Base will house the service branch’s formal training activities on the Boeing-built (NYSE: BA) KC-46 Pegasus aerial refueling tanker aircraft, Executive Gov reported Thursday. The Air Force said Wednesday the Leverett Formal Traini...
The U.S. government could approve this month a pair of foreign military sales agreements for Qatar and Kuwait to procure up to 76 Boeing-built (NYSE: BA) F-15 and F/A-18E/F Super Hornet jets worth an estimated $7 billion, Reuters reported Thursday. Tom Finn and Andrea Shalal write sources said the deals include the sale of 3...
