BoeingĂÂ (NYSE: BA) has agreed to buy Aurora Flight SciencesĂÂ for an undisclosed sum as part of efforts to accelerate the development of autonomous technology for aerospace vehicles. Chicago-based BoeingĂÂ said ThursdayĂÂ it would integrate Aurora into the aerospace and defense contractor’sĂÂ engineering, test and technology segment upon...
United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has secured a potential five-year, $2.74 billion contract to help the U.S. Air Force sustain F117 engines. The Defense Department said Wednesday the sole-source contract includes foreign military sales to Australia, Canada, India, Kuwait, Qatar, Uni...
TYSONS CORNER, VA, Oct. 2, 2017 ” Boeing (NYSE: BA) has partnered with nonprofit organization Doc™s Friends to help build an interactive hangar and education facility for a company-manufactured B-29 Superfortress bomber aircraft dubbed “Doc,” GovCon Executive reported Sept. 25. Doc’s Friends said Sept. 23 B...
United Launch Alliance has received a potential one-year, $832.4 million contract modification from the U.S. Air Force to continue to provide program management and mission assurance support for the Evolved Expendable Launch Vehicle program. The Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture will also p...
The Executive Mosaic GovCon Index (GCI) reached a new high closing up 0.805 percent to 107.295. Advancing shares outpaced declining 3 to 1. The major indices moved upward on speculation that President Trump’s tax-cut plan could become a reality by year end. The S&P500 closed up 0.41 percent to 2,507.04,&n...
TYSONS CORNER, VA, Sept. 27, 2017 ” Boeing‘s (NYSE: BA) business in Australia has utilized virtual reality and simulation technology to build a training platform for NASA‘s future CST-100 Starliner spacecraft, ExecutiveBiz reported Tuesday. The company said Tuesday the trainer is part of its space research and develop...
The Executive Mosaic GovCon Index (GCI) reversed its six-day positive streak to close down 0.094 percent to 106.232. Advancing and declining shares were evenly split on the day. All the indices ended the day lower with The S&P500 down 0.22 percent to 2,496.66, while the DJIA fell 0.24 percent to 22,296.09, and the NASDAQ Comp...
The Executive Mosaic GovCon Index (GCI) continued to post gains for the fourth consecutive day, reaching another new YTD record high. The CGI closed at 105.45 up 0.552 percent with advancing shares outpacing declining 3 to 1. Markets showed little change on the day as the Fed delivered their message to shrink the balance sheet and for...
The Executive Mosaic GovCon Index (GCI) posted another YTD high with its third consecutive daily increase, up 0.867 percent to 104.825. Engility Holdings topped the GCI with an almost 5 percent daily gain, while SAIC, AECOM, ICF, and ManTech International all posted greater than 2 percent increase on the day. All three major indices a...
Mark Serway, former chief financial officer of government technology provider Govplace, has joined Hitachi Data Systems‘ federal business as CFO and vice president of operations. He will report to HDS Federal President and CEO David Turner and oversee the unit’s controllership, treasury, tax, information technology and customer...
