The GovCon Index carried its positive momentum from Friday’s rally with a gain of 1.531 percent to 70.355 Tuesday — its first close above 70 in two days — on a bounce in confidence from investors that some equities may have been oversold. Gains among consumer, industrial and financial shares helped drive the S&P 500...
The Government Accountability Office has denied the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) team’s protest of the U.S. Air Force‘s award of the highly-classified Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC) in a ruling that could give way for engineering and development work to start. Boeing and Lockheed hold a...
TYSONS CORNER, VA, February 16, 2016 ” CAE (NYSE: CAE) will update and integrate the U.S. Air Force‘s KC-135 aircrew training platforms to the service branch™s Distributed Training Center Network, ExecutiveBiz reported Friday. The company said Thursday the contract covers updates to the Boeing-built (NYSE: BA...
TYSONS CORNER, VA, February 12, 2016 ” A rocket built by the joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) carried a national security payload to space as part of the NROL-45 mission, ExecutiveBiz reported Thursday. United Launch Alliance said Wednesday an Aerojet Rocketdyne (NYSE: AJRD) RS-68A engi...
The GovCon Index fell victim to across-the-board selloffs in global financial markets Thursday with a decline of 2.113 percent to 68.747, a figure that puts the Index at a decline of 11.34 percent from the start of the year. Still in a correction, Thursday’s plunge sent the GCI below 70 for the second time this...
TYSONS CORNER, VA, February 11, 2016 ” UTC Aerospace Systems has received a subcontract from Boeing (NYSE: BA) to produce landing gear systems for U.S. Air Force aircraft, ExecutiveBiz reported Wednesday. The United Technologies Corp. (NYSE: UTX) subsidiary said Tuesday it will provide the landing gear for the Boeing-bu...
TYSONS CORNER, VA, February 10, 2016 ” A first batch of Canadian air force personnel has graduated from the CAE-developed (NYSE: CAE) training system for operating the Boeing-built (NYSE: BA) CH-147F Chinook helicopter, ExecutiveBiz reported Tuesday. CAE said Monday six first officers, two flight engineers and two loadmaster...
TYSONS CORNER, VA, February 9, 2016 ” The 12th and final Global Positioning System IIF satellite Boeing (NYSE: BA) built for the U.S. Air Force has launched from Cape Canaveral Air Force Station aboard an Atlas V rocket, ExecutiveBiz reported Monday. The Air Force reported Friday the launch marks the completion of the program to send...
Feb. 1 – Feb. 5 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Last week in this space, we announced the 2016 edition of Executive Mosaic’s annual Wash100 list, our selection of the government contracting arena’s most influential leaders and voic...
TYSONS CORNER, VA, February 5, 2016 ” Lockheed Martin (NYSE: LMT) has delivered the Orion crew module to NASA‘s Kennedy Space Center, where it will undergo tests before engineers integrate it with other spacecraft hardware, ExecutiveBiz reported Thursday. The company said Wednesday the Orion spacecraft will launch as part of&nbs...
