Jan. 18 – Jan. 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Volatility in financial markets has become a fact of life all over the world and has sent investors questioning where the opportunities are in the midst of headwinds such as declining commodity pric...
The GovCon Index suffered a loss of 1.324 percent to 70.492 Thursday driven by a plunge in Engility Holdings (NYSE: EGL) shares after the contractor issued fiscal year 2016 guidance that forecasts a sharp drop in earnings from 2015 outlook. Chantilly, Va.-based Engility’s 2016 guidance sees earnings of between $1.00 and $1.15 per share compare...
TYSONS CORNER, VA, January 15, 2016 ” Boeing (NYSE: BA) has upgraded six B-52 bomber planes of the U.S. Air Force with increased capacity for internal weapons, ExecutiveBiz reported Thursday. The company said Wednesday the upgraded internal weapons bay launchers can load up to eight Joint Direct Attack Munitions. “The upgrades t...
Robert Leduc, a 35-year veteran of United Technologies Corp. (NYSE: UTX), has been named president of UTC’s aircraft engine unit Pratt & Whitney. He will succeed Paul Adams, who has led the business since 2014 and will retire by the end of February after a 17-year career at UTC, the company said Thursday. Ledu...
NASA has awarded Orbital ATK (NYSE: OA), Sierra Nevada and SpaceX a second round of potential multi-billion dollar contracts to deliver cargo to and from the International Space Station through 2024 in support of efforts to end U.S. reliance on Russia for access to space by 2017, agency officials said Thursday. Each new Commercial Resupply...
The GovCon Index attempted a recovery from steep morning and midday losses as Monday’s closing bell approached after another volatile day for U.S. markets but ended at a loss of 0.531 points to 73.407. Both the GovCon Index and S&P 500 composite index were down a full percentage point in mid-afternoon before a swing into...
TYSONS CORNER, VA, January 11, 2016 ” Boeing (NYSE: BA) let NASA astronauts Bob Behnken and Eric Boe do a trial run of the CST-100 Starliner spacecraft using company-built training devices, ExecutiveBiz reported Friday. Boeing said Thursday these devices are equipped with CST-100’s switches and display panels to prepare the...
Jan. 4 – Jan. 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Any thoughts that the start of 2016 would be smooth sailing for U.S. government contracting stocks and financial markets have quickly been cast aside as volatility from 2015’s second half carried into the...
TYSONS CORNER, VA, January 7, 2016 ” Blackboard has hired Bill Ballhaus, formerly president and CEO of SRA International, to chair its board of directors and serve as president and CEO, GovCon Executive reported Tuesday. Ballhaus brings senior leadership experience from his previous work at SRA, DynCorp International, BAE Systems, Boeing (...
Lockheed Martin (NYSE: LMT) has been awarded a potential five-year, $424 million contract to sustain an integrated targeting and pilotage technology on the U.S. Army‘s fleet of AH-64D/E Apache attack helicopters. The Army has obligated $31.8 million at the time of award and the one-year base period of performance for the Modernized Target Acqu...
