Executive Mosaic’s GovCon Index nudged a slight gain Thursday in a mostly positive session for the U.S. stock market at-large as investors listened to Federal Reserve Chair Janet Yellen’s congressional testimony. GovCon Index decliners edged advancers and three of its 11 S&P 500 components closed green with H...
TYSONS CORNER, VA, Nov. 17, 2016 ” Boeing (NYSE: BA) plans to consolidate facilities and workloads across some U.S. sites to support efforts to drive the operational efficiency of its defense, space and security unit, ExecuitveBiz reported Wednesday. The company said Tuesday it aims to reduce office space by approximately 4.5 million ...
Pat Goggin, vice president of airplane programs engineering at Boeing™s (NYSE: BA) commercial airplanes unit, has been promoted to president of the company™s defense, space and security development organization. Boeing said Friday the 29-year company veteran will succeed Jim O™Neill, who will retire in 2017 after more than 30 ye...
TYSONS CORNER, VA, Nov. 11, 2016 ” The Defense Information Systems Agency and Boeing (NYSE: BA) have collaborated on a mobile device that will work to transmit and receive classified messages for military commanders, ExecutiveBiz said Thursday. The dual-SIM Boeing Black phone is designed with numerous encryption and a virtual desktop ...
Executive Mosaic’s GovCon Index enters the eve of the U.S. presidential election on a six-week streak of declines with Friday’s close at 78.088, up 0.024 points from Thursday. Both the GCI and U.S. stock market at-large have felt effects of election-related uncertainty among investors over the past month with frequent swings between...
Executive Mosaic’s GovCon Index gave back most of its morning gains Friday to close in narrow range on mixed large-cap stock performances and register its sixth straight weekly decline. Friday afternoon trading activity saw the GCI reset itself with the larger U.S. financial market as investors watched for new election-related developments and...
Boeing (NYSE: BA) has received a four-year, $478.8 contract from the U.S. Air Force to engineer, manufacture and develop an electronic warfare system for the F-15 aircraft. The Defense Department said Thursday the contract covers planning, design development, integration, testing and risk reduction activities for the F-15 Eagle Passiv...
Executive Mosaic’s GovCon Index closed narrowly down in the midst of a larger selloff in U.S. financial markets Wednesday as declines by defense primes offset gains on guidance boosts by government services contractors Booz Allen Hamilton (NYSE: BAH) and ICF (Nasdaq: ICFI) along with a sharp rise by McKesson Corp. (NYSE: MCK). B...
TYSONS CORNER, VA, Nov. 2, 2016 ” Aerojet Rocketdyne (NYSE: AJRD) has completed several hot fire tests on two launch abort engines intended to support the propulsion system of Boeing‘s (NYSE: BA) CST-100 Starliner service module, ExecutiveBiz reported Tuesday. Aerojet Rocketdyne said Monday the tests sought to determine the capa...
TYSONS CORNER, VA, Nov. 1, 2016 ” Boeing (NYSE: BA) and Liquid Robotics teamed up to participate at the two-week Unmanned Warrior 2016 naval demonstration event organized by the British navy, ExecutiveBiz reported Monday. The team used four Sensor Hosting Autonomous Remote Craft equipped with Boeing’s acoustic sensors to de...
