Boeing (NYSE: BA) has secured a potential two-year, $2.5 billion contract modification to build and deliver 16 full-rate production Lot III P-8A Poseidon military aircraft to the U.S. Navy and four to the Australian government. The Naval Air Systems Command awarded the contract modification to exercise an option under the fixed-p...
TYSONS CORNER, VA, January 28, 2016 ” Jacobs (NYSE: JEC) and the Woolpert–KZF joint venture will work on the design of a $150 million complex in Japan that will support the beddown of the Boeing-built CV-22 Osprey, ExecutiveBiz reported Wednesday. Woolpert said Tuesday it received $6.95 million in task orders from the U.S. ...
TYSONS CORNER, VA, January 28, 2016 ” ASRC Federal and Boeing (NYSE: BA) will perform research on new rocket engine technologies under separate contracts awarded by the U.S. Air Force, ExecutiveBiz reported Wednesday. Space News reported Tuesday the service branch gave a $6.1 million contract to Boeing and a $3.6 million contract to ASRC ...
Northrop Grumman (NYSE: NOC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a 3.86-percent decline in profit for its 2015 fiscal year compared to 2014 on lower sales in space and restricted programs and a modest increase in pension costs. Net earnings for 2015 came in at $1.99 billion...
The GovCon Index plunged 2.438 percent to 69.664 in its first close below the 70-point mark for the first time in almost four months to keep the 30-company listing in a correction, or at least 10 percent down from its most recent high. Boeing (NYSE: BA) — also a Dow Jones Industrial Average stock —...
Boeing (NYSE: BA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has issued its fiscal year 2016 outlook of earnings between $8.15 and $8.35 per share to fall below the consensus Wall Street expectation of $9.43. The Chicago-based airplane manufacturer also stated a 2016 revenue outlook of between $93 billion and...
TYSONS CORNER, VA, January 26, 2016 ” Boeing (NYSE: BA) has completed the first refueling test of the company-built KC-46A Pegasus tanker aircraft with an F-16 jet, ExecutiveBiz reported Monday. The company said Sunday the tanker offloaded up to 1, 600 pounds of fuel to the jet while flying over Washington state at an altitude of...
TYSONS CORNER, VA, January 26, 2016 ” Boeing‘s (NYSE: BA) Chinook helicopter and the Sikorsky-built King Stallion helicopter by Lockheed Martin (NYSE: LMT) have been shortlisted by Germany as the potential replacement for its current Sea Stallion fleet, ExecutiveBiz reported Monday. Defense News reported Monday that Germany seek...
The GovCon Index retreated with a loss of 1.295 percent to 70.580 Monday in a move that puts the Index back into a correction, or 10 percent off its most recent high, for the second time this month. Monday’s plunge starts a week in which investors who follow defense and government contracting sectors await a ...
TYSONS CORNER, VA, January 25, 2016 ” Honeywell™s (NYSE: HON) JetWave hardware will provide Internet connectivity aboard the Boeing (NYSE: BA) 757 aircraft through Inmarsat™s Global Xpress broadband satellite network after receiving the Federal Aviation Administration™s approval, ExecutiveBiz reporte...
