Executive Mosaic’s GovCon Index posted a fifth straight gain to a new all-time record close Wednesday on strong performances by Honeywell International (NYSE: HON) and L-3 Communications (NYSE: LLL) as U.S. stocks also advanced with the S&P 500 at a record close. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and seven o...
Tom Howe, formerly a division director at Salient CRGT, has elevated to vice president of homeland security and law enforcement solutions at the Fairfax, Virginia-based information technology services provider. Salient CRGT said Wednesday he will oversee the company’s work with the Department of Homeland Security and&n...
Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks registered...
Boeing (NYSE: BA) has agreed to purchase Sunnyvale, Calif.-based autonomous maritime vehicle manufacturer Liquid Robotics for an undisclosed sum in the airplane maker’s strategy to create new information services functions between the ocean and space. Boeing said Tuesday its acquisition of the company behind the W...
The State Department has approved Finland™s request to buy F/A-18 aircraft equipment and related services from the U.S. government under a potential $156 million foreign military sales agreement. Finland asked to procure 90 Multifunctional Information Distribution System Joint Tactical Radio Systems, test and training equipment, spare...
The U.S. Navy looks to unload its Boeing-built F/A-18 Hornet fighter jets and buy F/A-18E/F Super Hornet aircraft to address a shortage of fighters jets aboard the service branch’s carriers, Reuters reported Saturday. Andrea Shalal writes a Navy official said the plan could be implemented as part of the fiscal year 2018 bud...
United Launch Alliance has received a $269.2 million contract modification to configure the Delta IV Heavy rocket as part of the U.S. Air Force‘s launch vehicle production requirement for fiscal year 2017. The Defense Department said Friday work will occur in Centennial, Colorado; Decatur, Alabama; and Cape Canaveral Air Fo...
Executive Mosaic’s GovCon Index closed in narrow range Thursday to start the final month of 2016 as sharp declines by government services contractors offset large gains for aerospace stocks in a session that saw U.S. stocks close mixed. GovCon Index decliners outnumbered advancers by a 2-to-1 ratio and five of its 11 S...
TYSONS CORNER, VA, Dec. 1, 2016 ” Iridium Communications (Nasdaq: IRDM) is set to hire the majority of the Boeing (NYSE: BA) team that provides operations and maintenance services for the former’s satellites as part of a relationship restructure between the two companies, ExecutiveBiz reported Wednesday. The firms will also sign...
Boeing (NYSE: BA) has received a $558.5 million contract modification to support the U.S. Air Force‘sĂÂ F-15ĂÂ radar improvement and modernization programs. The Defense Department said WednesdayĂÂ work under the modification will run through Jan. 15, 2019 and coversĂÂ procurement, installation and spares production forĂÂ 42 combined APG-6...
