The U.S. Navy has awarded four companies positions on a potential five-year, $1.73 billion contract to provide intelligence, surveillance and reconnaissance support services for land and maritime-based unmanned aerial systems. The Naval Air Systems Command received four offers for the indefinite-delivery/indefinite-quantity contract that c...
Jenette Ramos, formerly vice president and general manager of fabrication at Boeing™s (NYSE: BA) commercial airplanes business, has been named senior VP for supply and operations of the aerospace and defense contractor. The 29-year company veteran succeeds Pat Shanahan, who was nominated in March by the Trump administration for the deputy ...
The Executive Mosaic GovCon Index closed up for the second consecutive day to 95.373, up 0.878 percent. Advancers outpaced decliners at a ratio of 9 to 1. After a low volume roller coaster trading day the major indices showed marginal movement with all three markets closing up. Investors showed no reaction to Director James Comey’s t...
TYSONS CORNER, VA, June 8, 2017 ” Boeing (NYSE: BA) will deliver portable trainers for P-8A Poseidon aircrew and operators so that the U.S. Navy can train relevant personnel while deployed overseas, ExecutiveBiz reported Wednesday. The company said Tuesday the Navy awarded a contract for seven Deployable Mission Readiness Trainer...
Subsidiaries of Boeing (NYSE: BA) and Textron (NYSE: TXT) have landed spots under a potential five-year, $475 million contract that covers mid-endurance unmanned aircraft system intelligence, surveillance and reconnaissance services to the U.S. Special Operations Command. The Defense Department said Wednesday that Boein...
The Executive Mosaic GovCon Index reversed it’s two day slide to close up 0.030 percent to 94.703. All the U.S. indices were up on the eve of the U.K. election, the James Comey testimony, and uncertainty in the Middle East. WTI broke through the $46 mark to close down 4.88 percent to $45.84 as the OPEC production...
TYSONS CORNER, VA, June 5, 2017 ” Boeing (NYSE: BA) has awarded a five-year contract to Germany-based COTESA for the supply of various components for a section of the H-47 Chinook heavy-lift helicopter, ExecutiveBiz reported Friday. The aerospace and defense company said Thursday COTESA will provide composite parts of the tunnel cover...
The Executive Mosaic GovCon Index closed Friday up 0.727 or 0.759 on the week, reaching a new two-month high. The three major U.S. indices were up on the day. All three indices reached new record highs with strong weekly performances, with the S&P500 closed up 28.51 or 1.18 percent, the DJIA up 174.27 or 0.829 percent, and...
The Executive Mosaic GovCon Index closed up for the third day reaching a new two month high of 96.455 up 0.397 percent. All the U.S. indices were up on the day. The S&P500, DJIA, and NASDAQ again reached new record highs of 2,439.07, 21,206.29, and 6,305.80 respectively. Even thought the May jobless numbers fell below expectations the...
TYSONS CORNER, VA, June 2, 2017 ” Boeing (NYSE: BA) has awarded multiple contracts to Harris (NYSE: HRS) in the third quarter of fiscal 2017 for the supply of sonobuoy launchers for 49 U.S. Navy P-8A Poseidon maritime patrol aircraft, ExecutiveBiz reported Thursday. Harris said Wednesday it will provide single-shot and rotary lau...
