Weekly Roundup October 23 – October 27 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With October coming to a close, let’s take a look at the most significant M&A activity that took place over the course of this month. Notable M&A activity includes: S...
The Executive Mosaic GovCon Index (GCI) closed down for the fourth consecutive day losing 1.307 points from Monday. The GCI ended the day at 108.321 off 0.782 percent with declining shares outpacing advancing 19 to 11. The three major indices closed mixed on the day as the House approved the new proposed budget moving a step closer to...
Northrop Grumman (NYSE: NOC) has decided to drop the company™s pursuit of the U.S. Navy™s carrier-based unmanned aerial refueling tanker program, Defense News reported Wednesday. The contractor™s decision came two weeks after the service issued the final request for proposals for the MQ-25A Stingray program. œWinning is...
The Executive Mosaic GovCon Index (GCI) closed down for the third consecutive day to end at 109.566 off 0.129 percent with declining shares outpacing advancing 18 to 12. The three major indices all declined for the day as investors respond to less than positive earnings reports and uncertainty about the potential passing of the T...
The Executive Mosaic GovCon Index (GCI) continued its second day of downward direction to close at 109.620 off 0.007 percent with advancing and declining shares evenly split. The three major indices all advanced for the day as the DJIA set new record highs. Investors responded positively to encouraging earnings reports. The S&...
TYSONS CORNER, VA, Oct. 23, 2017 ” Boeing (NYSE: BA) has moved to explore new autonomous technologies for aerial and ground vehicles through its investment in Carnegie Mellon University spinoff Near Earth Autonomy, ExecutiveBiz reported Friday. The investment by Boeing’s HorizonX ventures arm seeks to advance the development of autonomous...
The Executive Mosaic GovCon Index (GCI) was up 0.603 points from Monday’s opening value to post a weekly gain of 0.55 percent to end Friday’s trading at 109.782. Friday saw advancing shares outpacing declining 5 to 1. The three major indices all closed Friday up reaching new highs and posting the sixth straight ...
The Executive Mosaic GovCon Index (GCI) closed up for a second day to 109.782 up 0.833 percent. Advancing shares outpaced declining 5 to 1. The three major indices all closed up to set new record highs as the Trump administration draws closer to passing a new tax plan. The S&P500 closed up 0.51 percent to 2,575.21, while the...
United Launch Alliance has secured a potential $153.8 million contract from NASA to provide launch support services for the Landsat 9 satellite. NASA said Friday it expects Landsat 9 to take off aboard the Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture™s Atlas V 401 rocket from Vandenberg Air Force Base in California...
TYSONS CORNER, VA, Oct. 19, 2017 ” Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are working to develop designs for an extra large unmanned undersea vehicle after the U.S. Navy awarded the companies two separate contracts for the program, ExecutiveBiz reported Wednesday. USNI News reported Tuesday the service branch has awarded $4...
