Executive Mosaic’s GovCon Index traded higher Wednesday on help from its large-cap components against mixed U.S. stock movements as investors awaited Federal Reserve chair Janet Yellen’s speech on the U.S. economy during the last hour of trade. GovCon Index gainers slightly edged decliners each and nine...
TYSONS CORNER, VA, Jan. 18, 2017 ” The government of Canada has awarded CAE (NYSE: CAE) a potential $228 million contract modification to extend the company’s support for a NATO flight training program led by the Canadian air force, ExecutiveBiz reported Friday. The company said Thursday it will continue to provide ass...
CAE (NYSE: CAE) has secured two long-term training services contracts with the U.S. Army and Canada’s air force worth approximately $760 million combined. CAE said Thursday the contract with the Army will cover classroom, simulator and live rotary-wing flight training instructor support at the Army Aviation Center of Excellence in Alabama...
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...
Executive Mosaic’s GovCon Index retreated Friday in the final trading session of 2016 to close a negative December but but a positive year on a boost to defense stocks in the post-election rally that has swept through U.S. markets. The GovCon Index closes 2016 with a year-to-date gain of 16.73 percent as the U.S. stock...
TYSONS CORNER, VA, Dec. 22, 2016 ” CAE (NYSE: CAE) has updated the GESI constructive simulation software for command and staff training at the Austrian Army’s Landesverteidigungsakademie education facility in Weitra, Austria, ExecutiveBiz reported Wednesday. The update is designed to allow the system to interoperate with va...
Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 r...
Executive Mosaic’s GovCon Index inched higher Thursday to end its three-day streak of declines on a large gain by Huntington Ingalls Industries (NYSE: HII) and contributions from services-oriented companies as U.S. stocks also climbed after the release of new economic data. GovCon Index gainers edged decliners 16-14 as six ...
Executive Mosaic’s GovCon Index advanced Friday to complete its sixth consecutive weekly gain in an extended post-election climb that has seen the GCI hit a series of record high closes. The GCI has risen 14.75 percent over six weeks with the U.S. stock bellwether S&P 500 composite index up 6.26 percent in that time as investors...
Canada has selected Airbus-built C-295 to serve as the next fixed-wing search-and-rescue aircraft and replace the country™s fleet of aging C-130s and Buffalo planes under a potential $2.3 billion contract, Defense News reported Wednesday. David Pugliese writes Harjit Sajjan, Canada™s defense minister, and Judy Foote, the co...
