TYSONS CORNER, VA, April 18, 2017 ” The U.S. Navy has awarded separate contract modifications to Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) for continued risk reduction work on the future MQ-25 unmanned carrier aviation air system, ExecutiveBiz reported Monday. The Defense Dep...
The Executive Mosaic GovCon Index turned in better than 1 percent gain on the day as advancing stocks closed 29 to 1 versus decliners. With the European markets closed the U.S. markets all closed strongly as investors geopolitical concerns dampened. At market close WTI was down $0.57 to $ 52.61 per barrel as the shale drilling increased...
Palo Alto, California-based satellite manufacturer Space Systems Loral has appointed three executives to oversee the company™s government systems business unit that provides support to U.S. government clients and related programs. Richard White, senior vice president of government systems at SSL, has been promoted to president of SSL Gover...
The Executive Mosaic GovCon Index closed up 0.028 percent to 90.847 with KBR at the top after announcing the settlement of a decade long legal dispute. The GovCon Index advancing companies outpaced decliners 2 to 1. The major markets showed nominal movement as investors remain on the sidelines watching the Asian and Middle East political c...
Boeing (NYSE: BA) has received a potential $144.9 million contract modification to perform production concurrency updates to the training system of P-8A multimission maritime planes for the U.S. Navy and the government of Australia. The Defense Department said Friday P-8A trainer upgrades are necessary to ensure training dev...
Boeing (NYSE: BA) and a Leonardo DRS subsidiary have received contracts worth up to $192.8 million combined to install Gigabit Ethernet Data Multiplex System hardware aboard the U.S. Navy™s DDG 51-class destroyers. The firm-fixed-price contracts also cover the provision of spare parts and checkout repair services for AN/USQ-...
TYSONS CORNER, VA, April 5, 2017 ” Boeing (NYSE: BA) will provide an update to the cryptographic module of the U.S. Air Force‘s combat search-and-rescue radio equipment under a $42.6 million contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the contract covers development, certification, integ...
The Executive Mosaic GovCon Index and major markets all closed slightly up as investors remain cautious about the state of the economy. Investors await the outcome of President Trumps meeting with Xi Jinping of China, the jobs report on Friday, and the release of the first quarter earnings results. GovCon Index advancers and decliners clos...
TYSONS CORNER, VA, April 4, 2017 ” Norway’s defense procurement agency has signed a deal for the procurement of five Boeing-made (NYSE: BA) P-8A Poseidon to support military maritime surveillance operations, ExecutiveBiz reported Monday. The agency said Friday the country also plans to buy associated sensors, monitoring and supp...
United Launch Alliance, a joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), has received $146.5 million in contract funds from the U.S. Air Force to provide launch vehicle production services for a new Atlas V configuration. The Defense Department said Friday that ULA will provide an Atl...
