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Tag Archives: Air Force

Boeing Cuts Earnings Outlook on 2Q Loss as GD & Northrop Lift Forecasts on Beats, Booz Allen & CGI Top Street Estimates

Money

Five government contractors listed in Executive Mosaic’s GovCon Index reported their latest quarterly financial results before U.S. markets opened Wednesday and all earnings per share figures fell above the consensus Wall Street forecast. Boeing (NYSE: BA) swung to a net loss for its second quarter and lowered its earnings forecast on …

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July 26 Market Close: GovCon Index Holds Higher Against Flat US Market Ahead of Prime Defense Earnings

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Executive Mosaic’s GovCon Index traded higher Tuesday against choppy trade in the larger U.S. stock market as defense-oriented investors prepare to examine a large batch of earnings reports from major sector players due Wednesday. The GovCon Index notched a gain of 0.473 points to 82.151 and eight of the GCI’s 11 S&P 500-listed companies closed …

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July 22 Market Close: GovCon Index Shakes Off Weak Open, Honeywell Plummets on Sales Outlook Cut

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Executive Mosaic’s GovCon Index reversed an initial weak open to register a gain Friday that was not enough to push the GCI to positive for the week as second quarter earnings reports started for government contracting companies. The GovCon Index added 0.289 points to 81.788 Friday but ended at a nominal five-day decline of 0.031 points with …

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Lockheed Boosts Full-Year Guidance on 2Q Earnings, Revenue Beats

F35C launch on USS Nimitz

Lockheed Martin (NYSE: LMT) lifted full-year earnings and revenue guidance Tuesday and exceeded analysts’ second quarter estimates for both figures on sales from the Sikorsky helicopter business acquired in November as negotiations between the company and U.S. government continue on the next two F-35 fighter jet batches. Bethesda, Maryland-based Lockheed said it now expects 2016 …

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SAIC Receives $86M AF Plans & Policy Support Task Order Through GSA OASIS

SAIC logo

Science Applications International Corp. (NYSE: SAIC) has secured a potential five-year, $86 million task order from the U.S. Air Force to provide plans and policy support to the service branch’s major commands and deputy chief of staff for strategic deterrence and nuclear integration. The company said Tuesday the task order covers …

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DLA Awards $149M Compressed Gas, Cylinder Products Supply IDIQ to Hudson Technologies

Hudson Technologies

Hudson Technologies has won a potential 10-year, $148.5 million indefinite-deliver/indefinite-quantity contract from the Defense Logistics Agency to provide compressed gas and cylinder products to U.S. military and federal civilian agencies. The Defense Department said Monday the contract’s base period is slated to run through July 30, 2021 and work will take place in New …

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EHR Total Solutions Wins $70M DHA Contract for Military Clinical Workflow Services

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EHR Total Solutions has won a potential five-year, $70 million contract from the Defense Health Agency to provide workflow services at military treatment facilities that use tri-service electronic health record systems. The Defense Department said Thursday the contract has a 12-month base period with four option years and covers support for the U.S. Army, U.S. Navy and …

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Weekly Roundup July 5 – July 8 2016: Lockheed’s Hand in NASA’s Jupiter Journey & more

deep space

July 5 – July 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   Americans everywhere celebrated the country’s 240th birthday Monday and those interested in the U.S. space program had another reason to cheer as NASA’s Juno vehicle arrived inside Jupiter’s orbit as …

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Weekly Roundup June 27 – July 1 2016: Defense Prime Stocks Soar Post-Brexit & more

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June 27 – July 1 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   As massive the selloff was in global financial markets in the wake of June 23’s “Brexit” vote in the U.K., so was the reversal in equities after investors took a deep breath …

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DLA Awards Lockheed $1.8B Contract for Military Weapon Systems Support

lockheed martin

The Defense Logistics Agency has awarded Lockheed Martin (NYSE: LMT) a potential $1.75 billion contract to provide consumable and depot-level repairable components for various weapon systems of the U.S. military. Lockheed will perform work in Maryland, Georgia, Texas, New York, Massachusetts and New Jersey through June, 29, 2022, the Defense Department said Thursday. The company will …

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