Executive Mosaic’s GovCon Index closed higher Thursday as gains by large defense platform and product makers helped offset declines by a majority of the GCI’s 30 stocks with mid-tier prime contractors and government services providers in red. U.S. stocks traded lower by comparison with real estate the largest drag on equities&n...
Executive Mosaic’s GovCon Index tumbled Tuesday on declines from major military shipbuilders and defense technology makers as U.S. stocks traded lower with a 2.28-percent decline by financial shares the main contributor after a three-day weekend for equity markets. GovCon Index laggards outnumbered advancers by an...
Boeing (NYSE: BA) CEO Dennis Muilenburg told reporters Tuesday after his hour-long meeting with President-elect Donald Trump that the company has moved forward on efforts in “simplifying requirements” for the future Air Force One replacement airplane with combat jets also a topic of discussion there. Trump first criticized the ...
A joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell Helicopter subsidiary has secured a $138.6 million delivery order modification for non-recurring engineering services to support the integration of Japan’s configuration into the MV-22B Block C aircraft and MV-22 containerized flight training de...
Lockheed Martin (NYSE: LMT) is “close to a deal” on a new contract that would “significantly” bring down costs of the next line of F-35 fighter jets and add 1, 800 new jobs at its Fort Worth, Texas facility that houses production, the company’s chief executive said Friday after a meeting with President-elect D...
Executive Mosaic’s GovCon Index fell for a second straight session Thursday on continued declines by large aerospace and defense primes as U.S. stocks also tumbled with earnings season at the forefront of investor attention. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and two of its 11 S&P 500 components advanced with...
TYSONS CORNER, VA, Jan. 11 2017 ” Boeing (NYSE: BA) has delivered the 50th P-8A Poseidon aircraft to the U.S. Navy in support of the service branch’s anti-submarine and anti-surface warfare and intelligence, surveillance and reconnaissance operations, ExecutiveBiz reported Monday. The Navy said Thursday the company del...
Boeing‘s (NYSE: BA) Insitu subsidiary has been awarded a $70.8 million contract modification to build and deliver six RQ-21A Blackjack unmanned aircraft systems to the U.S. Navy and Marine Corps. The modification exercises an option on a previously awarded firm-fixed-price contract and covers lot 1 full-rate production work as w...
Executive Mosaic’s GovCon Index moved higher for the second day in a row Wednesday on broad gains across almost all of the thirty stocks that make up index. The Dow Jones Industrial moved ever closer to the 20, 000 mark, closing at 19, 942.16 up 0.30 percent. GovCon Index gainers outnumbered laggards by a 14-to-1 ratio...
Boeing (NYSE: BA) and SpaceX have secured four additional missions each to transport astronauts to and from the International Space Station as part of NASA‘s Commercial Crew Program. NASA said Wednesday that Boeing and SpaceX each have six orders for crewed missions now under the companies’ respective Commercial Crew Tr...
