The U.S. Air Force has released a request for proposals for a potential $16.3 billion program that seeks to build a new trainer jet designed to replace the T-38 aircraft and train pilots of F-22 and F-35 fighter jets, Air University reported Friday. The RFP for the Advanced Pilot Training program covers engineering and manufacturing development...
Boeing (NYSE: BA) has received a $308.3 million contract modification from the U.S. Navy to support the engineering change proposal integration of jammer pods onto EA-18G Growler aircraft. The Defense Department said Thursday the company will provide necessary equipment for system integration laboratories; design and manufacture ...
Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned ...
The U.S. Air Force has launched a full and open competition on the development of a new Joint Surveillance Target Attack Radar System to support airborne battle management command-and-control, intelligence, surveillance and reconnaissance operations of joint and coalition forces. A request for proposal document for the JSTARS Recap...
Executive Mosaic’s GovCon Index tumbled Wednesday on notable declines by large defense and government services primes as U.S. stocks also fell with every major sector in negative territory to damper hopes of a Dow Jones Industrial Average close above 20, 000 before the year’s end. Two out of 30 GovCon Index stocks gained and no...
TYSONS CORNER, VA, Dec. 28, 2016 ” The State Department has approved the $37 million sale of 750 Boeing-built (NYSE: BA) Joint Direct Attack Munition tail kits and associated equipment to the government of Kuwait, ExecutiveBiz reported Tuesday. The Defense Security Cooperation Agency said Friday the foreign military sales contract wil...
Executive Mosaic’s GovCon Index traded higher Tuesday to start the final trading week of 2016 as GCI-S&P 500 company Lockheed Martin (NYSE: LMT) led gains in conjunction with positive performances by mid- and lower-tier primes and services contractors. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and eig...
Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson has said she assured President-elect Donald Trump that the company will work to reduce the cost of the F-35 fighter aircraft, CNN reported Friday. Danielle Wiener-Bronner writes Hewson made the remarks in a Twitter post Friday a day after Trump asked Boeing (NYSE: BA) to quote a competin...
Boeing (NYSE: BA) has received a $143.4 million contract modification from the Defense Logistics Agency to supply consumable items for various aircraft in support of the U.S. Army, Navy, Air Force and foreign military sales customers. The Defense Department said Thursday the performance-based award is a modification to a previously aw...
TYSONS CORNER, VA, Dec. 23, 2016 ” Dennis Mullenburg, Boeing (NYSE: BA) chairman, president and CEO, has stated that the company will work with the incoming administration in an effort to build two presidential airplanes within a $4 billion budget, ExecutiveBiz reported Thursday. The Hill newspaper reported Wednesday Mullenburg discussed the bu...
