Executive Mosaic’s GovCon Index moved slightly lower Thursday on a mixed market closing with the Dow and S&P 500 down and NASDAQ up. The board markets closed down as retail stocks dropped on reports of disappointing holiday results. Huntington Ingalls lead the GovCon Index once again for the fourth consecutive day of gains, up almost ...
TYSONS CORNER, VA, Jan. 5, 2017 ” A Research and Markets report has named General Dynamics (NYSE: GD), Orbital ATK (NYSE: OA) and BAE Systems among the key players in the global military ammunition market through 2026, ExecutiveBiz reported Wednesday. The Global Military Ammunition Market 2016-2026 study covered the industry’s k...
TYSONS CORNER, VA, Jan. 3, 2017 ” The Professional Services Council has appointed new executives and re-elected continuing members to serve on its 2017 board of directors and executive committee, GovCon Executive said Tuesday. The organization said Dec. 16 the board will be comprised of 26 executives, including Engility (NYS...
The U.S. Air Force has released a request for proposals for a potential $16.3 billion program that seeks to build a new trainer jet designed to replace the T-38 aircraft and train pilots of F-22 and F-35 fighter jets, Air University reported Friday. The RFP for the Advanced Pilot Training program covers engineering and manufacturing development...
BAE Systems Inc., the British defense contractor’s U.S. subsidiary, has sold its San Francisco Ship Repair business to Tacoma, Washington-based ship repair services provider Puglia Engineering for an undisclosed sum. œWe believe this divestiture is in the best interests of the San Francisco shipyard employees and both compa...
TYSONS CORNER, VA, Dec. 27, 2016 ” A team of companies led by BAE Systems will support the assessment phase of the Challenger 2 Life Extension Project that seeks to modernize the main battle tanks of the British Army under an agreement with the U.K. defense ministry, ExecutiveBiz reported Friday. The company said Thursday the coa...
Executive Mosaic’s GovCon Index closed unchanged. Financial markets were thinly traded and showed minor change in preparation for the upcoming Holiday. The GovCon Index ending the day at 88.541 up 0.001 points or 0.001 percent. Gainers outplaced decliners 19 to 11. Market Summary Index Value Net Change % Change GovCon Index 88.541 +0.001 ...
The State Department has approved Norway’s request to buy Boeing-built (NYSE: BA) P-8A patrol aircraft and associated support under a $1.75 billion foreign military sales agreement with the U.S. government. Norway asked to purchase up to five P-8A aircraft with commercial engines, tactical open mission software, electro-optical...
TYSONS CORNER, VA, Dec. 21, 2016 ” BAE Systems‘ U.S. arm will help engineer and install new submarine weapon systems under a potential five-year, $368 million U.S. Navy contract awarded in October, GovCon Executive reported Thursday. The contract will also involve information technology support, engineering services and test equipmen...
TYSONS CORNER, VA, Dec. 19, 2016 ” BAE Systems looks to employ a total of 235 graduates in 2017 across various units of its U.K. operations, including sectors focused on maritime naval ships and submarines, electronic systems, military air and information and land systems, ExecutiveBiz reported Friday. The company said Thursday the majorit...
