The GovCon Index closed Friday with a nominal decline of 0.082 points to 72.487 on falling crude oil prices and a slight increase in inflation. The Index also posted a 1.538-percent gain for the week on economic uncertainty and commodity price declines. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Change NAV Na...
The GovCon Index posted a nominal decline of 0.082 points to 72.487 Friday, which puts the GCI at a gain of 1.538 percent for the week as markets continue to try to shake off turbulence from commodity price declines and uncertain economic prospects. The Index has climbed 9.67 points percent since the start of February a...
Feb. 22 – Feb. 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among the large players the government services market have been well-documented in spaces such as these but the product makers in GovCon also have been in on the M&A deal action over t...
The team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will not pursue a legal challenge in federal claims court of the U.S. Air Force™s award of the Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC), Bloomberg reported Friday. Julie Johnsson writes the decision comes a week after the Government Accoun...
TYSONS CORNER, VA, February 25, 2016 ” A report by Visiongain indicates that Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Orbital ATK (NYSE: OA) and Raytheon (NYSE: RTN) are some of the key players in the global military smart weapons market, ExecutiveBiz reported Wednesday. Visiongain said Monday the market will be worth $22....
The State Department has cleared a potential $225 million foreign military sale of Large Aircraft Infrared Countermeasure systems and logistics support for the United Arab Emirates’ C-17 military transport planes. Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) will act as principal contractors for the&nbs...
Leanne Caret, a 28-year veteran of Boeing (NYSE: BA), has been elected by the board of directors to serve as president and CEO of the company’s defense, space and security segment beginning March 1. She will succeed Chris Chadwick, who has led the $30.88 billion BDS segment since December 2013 and will retire this spring...
TYSONS CORNER, VA, February 18, 2016 ” Boeing (NYSE: BA) will provide an updated X-band anti-jam system to the U.S. Air Force under a $54.98 million contract modification, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday the anti-jam system is designed to boost the resilience and security of the Air Force’s&n...
The GovCon Index bounced higher for a third consecutive session Wednesday with a gain of 1.411 percent to 71.348, a close that holds the Index barely in correction territory for a sixth straight day. The Index is 10.05 percent down from its most recent high of 79.332 on Dec. 1 and has entered correction territory...
TYSONS CORNER, VA, February 17, 2016 ” Boeing (NYSE: BA) will decide in the coming weeks if it will pursue a company investment to self-fund the continued production of F/A-18 fighter aircraft, ExecutiveBiz reported Tuesday. Reuters reported Friday that Dan Gillian, head of Boeing’s F/A-18E/F and EA-18G programs, has i...
