TYSONS CORNER, VA, Nov. 30, 2017 ” BAE Systems, CAE, L3 Technologies (NYSE: LLL), Lockheed Martin (NYSE: LMT), Maxar Technologies (NYSE: MAXR) and Ultra Electronics have teamed up in a bid to develop Canada’s future surface combatant vessels, ExecutiveBiz reported Wednesday. Lockheed said Tuesday the group called “Canada&#...
TYSONS CORNER, VA, Nov. 29, 2017 ” CAE has entered into a partnership with Rockwell Collins (NYSE: COL) to develop network-connected live, virtual and constructive training platforms in support of client readiness and requirements, ExecutiveBiz reported Tuesday. “Integrated live, virtual, constructive training is becoming more critic...
GovCon Wire is changing its coverage of the GovCon Index and major indices. GovCon Wire will now be providing weekly performance analysis instead of the daily for the GovCon Index, S&P 500, Dow Jones Industrial Average and NASDAQ Composite. In reviewing the past weeks market performance the Executive Mosaic GovCon Index (GCI) ended the...
TYSONS CORNER, VA, Nov. 16, 2017 ” CAE will roll out an unmanned aerial vehicle training system to the United Arab Emirates as the country’s selected training systems integrator, ExecutiveBiz reported Tuesday. Aviation Week reported Monday that Gene Colabatistto, president of CAE™s defense and security group, note...
TYSONS CORNER, VA, Nov. 15, 2017 ” CAE plans to open a flight training facility at the King Fahad International Airport in Saudi Arabia through a partnership with the Saudi National Company of Aviation, ExecutiveBiz reported Tuesday. The SNCA-funded CAE Authorized Training Center in Dammam will offer commercial pilot li...
TYSONS CORNER, VA, Nov. 2, 2017 ” Serco will continue to provide facility management and pilot training support at CAE‘s Medium Support Helicopter Aircrew Training Facility in the U.K. under an estimated $34.5 million contract extension, ExecutiveBiz reported Wednesday. The award extends the Serco-CAE partnership at the sim...
TYSONS CORNER, VA, Nov. 1, 2017 ” BAE Systems and CAE have entered into an agreement for the latter to lease space at BAE’s flight training center in New South Wales, Australia, ExecutiveBiz reported Tuesday. CAE’s Oxford Aviation Training Academy will use the facility to host the training of commercial pilots as the company works...
TYSONS CORNER, VA, Oct. 30, 2017 ” CAE will continue its aircrew training support for the U.K. military at the company™s Medium Support Helicopter Aircrew Training Facility under an eight-year contract modification, ExecutiveBiz reported Friday. The company said Oct. 23 that it entered into an agreement with the U.K. defense mini...
The Executive Mosaic GovCon Index (GCI) closed Friday down 1.62 points or 1.47 percent from Monday’s open, settling at 108.162. McKesson Corp. was down 5.52 percent for the day at Friday’s close. The three major indices all advanced Friday with the S&P500 and NASDAQ Composite reaching new highs. The S&P500 closed u...
The Executive Mosaic GovCon Index (GCI) continued to drop for the fifth consecutive day to close at 108.162 off 0.03 percent with the McKesson Corp. down 5.52 percent on the day. Advancing shares outpaced declining 2 to 1. The three major indices all advanced for the day with the S&P500 and NASDAQ Composite reaching new highs. The...
