Executive Mosaic’s GovCon Index traded lower against across-the-board gains by U.S. stocks Tuesday as declines by large prime defense contractors weighed on the GCI. GovCon Index gainers edged laggers but only four of the GCI’s 11 S&P 500-listed stocks closed green as Lockheed Martin (NYSE: LMT) and Northrop Grumm...
Executive Mosaic’s GovCon Index recovered from a slightly negative open Monday and held positive against choppy activity in U.S. stock markets as speculation over the next interest rate hike continued to dominate investors’ attention. GovCon Index gainers outnumbered laggers and unchanged stocks by a 2-to-1 ratio and eight of t...
TYSONS CORNER, VA, Aug. 22, 2016 ” A joint venture of Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) collaborated with the U.S. Air Force to launch the latest Geosynchronous Space Situational Awareness Program satellites built by Orbital ATK (NYSE: OA), ExecutiveBiz reported Friday. The Air Force said Friday the launch aboard ...
August 15 – August 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The long-awaited, much-anticipated and well-documented merger of Leidos into the now former Lockheed Martin information technology and technical services business completed on Tuesday. As i...
Boeing (NYSE: BA) has been awarded a potential two-year, $2.81 billion contract modification to deliver a total of 19 KC-46A Pegasus low-rate initial production aircraft to the U.S. Air Force. The service branch made the award for the first two LRIP lots after the aircraft received Milestone C approval from the Defense Department on Aug. 1...
Executive Mosaic’s GovCon Index dropped at least one full net point Tuesday for the first time since June 24 on a sharp drop in Lockheed Martin (NYSE: LMT) shares upon the defense contractor’s completion of the spinoff and subsequent merger of its government and technical services business into Leidos Holdin...
TYSONS CORNER, VA, Aug. 16, 2016 ” Defense Department acquisition chief Frank Kendall has granted Milestone C approval to Boeing‘s (NYSE: BA) KC-46A Pegasus refueling tanker aircraft developed for the U.S. Air Force, ExecutiveBiz reported Monday. Boeing is due to receive two contracts worth a combined $2.8 billion...
TYSONS CORNER, VA, Aug. 15, 2016 ” Boeing (NYSE: BA) and Raytheon (NYSE: RTN) could receive approximately $100 million each in U.S. missile defense funds for Israel through their respective work on the Arrow-2 and Arrow-3 programs with Israel Aerospace Industries and Iron Dome and David’s Sling programs with Rafael, ExecutiveBiz...
Boeing (NYSE:BA) has secured a five-year, $203 million contract from Australia to provide a range of sustainment services for the Australian air force’s F/A-18F Super Hornet and EA-18G Growler aircraft, IHS Jane’s reported Thursday. Jon Grevatt writes the Australian defense department said the contract covers eng...
The State Department has approved NATO’s request to buy precision guided munitions and related support services from the U.S. for use in regional threat deterrence operations under a potential $231 million foreign military sales agreement. Boeing (NYSE: BA) and Raytheon (NYSE: RTN) will be the primary contractors on the deal, the Def...
