TYSONS CORNER, VA, Dec. 15, 2016 ” Boeing (NYSE: BA) has delivered the first of 14 updated E-3A Airborne Warning and Control System aircraft to NATO in support of the organization’s $257 million modernization effort, ExecutiveBiz reported Wednesday. The company said Wednesday the AWACS units feature cockpit updates suc...
Executive Mosaic’s GovCon Index turned from neutral to negative territory Wednesday as did the U.S. stock bellwether S&P 500 composite index after the Federal Reserve raised interest rates for only a second time since the 2008 financial crisis. GovCon Index decliners outnumbered gainers by a 9-to-1 ratio as three of its...
Boeing (NYSE: BA) will shift the headquarters of its $31 billion defense segment from the St. Louis metropolitan region to the Washington, D.C. area effective Jan. 3, 2017 for top executives to gain closer proximity with government customers, a company spokesperson has confirmed to GovCon Wire. Close to a dozen senior execut...
Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened. The GovCon Index traded down 2 percent sh...
TYSONS CORNER, VA, Dec. 12, 2016 ” Lockheed Martin (NYSE: LMT) representatives have visited the city of Cheyenne in Wyoming to inspect local resources as the company pursues a U.S. Air Force program to update the country’s ballistic missile system and launch facilities, ExecutiveBiz reported Friday. Wyoming Tribune Eag...
TYSONS CORNER, VA, Dec. 12, 2016 ” The U.S. and India are working on a deal to establish manufacturing hubs for Lockheed Martin (NYSE: LMT) F-16 and Boeing (NYSE: BA) F/A-18 fighter jets in India, ExecutiveBiz reported Friday. The Washington Post reported Monday the Indian government seeks to co-produce both t...
Shares in Lockheed Martin (NYSE: LMT) traded down approximately 5 percent as noon Eastern time approached Monday after President-elect Donald Trump criticized the F-35 Joint Strike Fighter program on Twitter in the early morning hours. “The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and...
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...
December 5 – December 9, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson GovCon industry leaders and observers welcomed Vectrus to the government services landscape in the autumn of 2014 and this week marks the beginning of a new era for the Colorado Springs-based company. As...
Executive Mosaic’s GovCon Index tumbled Thursday on steep losses among several of its large-cap prime components as U.S. stocks posted a small advance to a new record high close with financial shares the top performers at a 1-percent gain and industrials the largest laggards. Thursday’s decline puts the GCI below 90 p...
