Home / Tag Archives: aircraft

Tag Archives: aircraft

Boeing Issues FY 2016 Outlook Below Street Consensus; 2015 Defense Segment Results Mixed


Boeing (NYSE: BA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has issued its fiscal year 2016 outlook of earnings between $8.15 and $8.35 per share to fall below the consensus Wall Street expectation of $9.43. The Chicago-based airplane manufacturer also stated a 2016 revenue outlook …

Read More »

Lockheed Awarded $263M to Maintain Saudi Arabia’s F-15 Sensors; Paul Lemmo Comments


Lockheed Martin (NYSE: LMT) has been awarded a $262.8 million contract with the U.S. Air Force to maintain sensor suites on Saudi Arabia’s F-15 aircraft. The company will work with Saudi-based Advanced Electronics Co. to sustain the sniper advanced targeting pods, LANTIRN navigation pods and infrared search and track systems, Lockheed said …

Read More »

Jeff Babione Named Lockheed F-35 EVP, GM; Orlando Carvalho Comments

Jeff Babione

Jeff Babione, formerly vice president and general manager of the F-16/F-22 integrated fighter group within Lockheed Martin (NYSE: LMT), has been appointed as executive VP and GM of the firm’s F-35 program. He will succeed Lorraine Martin, who will move into the role of mission systems and training deputy executive …

Read More »

Kevin Mickey Appointed Northrop Aerospace Advanced Design VP; Chris Hernandez Comments

Kevin Mickey

Kevin Mickey, formerly president of Northrop Grumman (NYSE: NOC) subsidiary Scaled Composites, has been named vice president of advanced design in the company’s aerospace systems sector. Mickey will oversee the sector’s aircraft design activities in his new role that he will start Nov. 2, Northrop said Thursday. “He will be a great …

Read More »

Northrop Awarded $203M Air Force Global Hawk Maintenance Contract

northrop Grumman_BLUE

Northrop Grumman has received a one-year, $203,559,738 contract modification to maintain the U.S. Air Force’s fleet of Global Hawk unmanned aircraft. The company will perform planning, operations and maintenance services under the option from a previously-awarded contract, the Defense Department said Friday. Northrop will perform work in San Diego through Sept. …

Read More »

BAE Lands $248M Aircraft Systems Support Contract with USAF

Helicopter Radar

The U.S. Air Force has awarded BAE Systems a potential six-year, $248.2 million contract to provide electronic countermeasures technology and automatic testing and support equipment for F-16, C-130 and B-1B planes. The Defense Department said Wednesday the sole-source contract also covers spares sustainment as well as aircraft systems repair and engineering services. …

Read More »

DynCorp Receives $104M Navy Aircraft Support Contract Option; Steven Schorer Comments


DynCorp International has been awarded a $104.1 million contract modification to continue maintenance and logistics support work for multiple aircraft platforms and associated equipment of the U.S. Navy. The Defense Department said Thursday DynCorp will help maintain fixed-wing and rotary-wing aircraft as well as lightweight and unmanned aerial vehicles at …

Read More »

US Navy Awards $29M Aircraft Equipment Installation IDIQ to Four Companies


The U.S. Navy has awarded a $29 million contract to Epsilon Systems Solutions, Prism Maritime, Delphinus Engineering and Superior Marine Solutions for the installation of aviation equipment in various ships. The companies will compete for each task order under the indefinite-delivery/indefinite-quantity contract to install and modify domestic and international aircraft …

Read More »

May 26 Market Close: GovCon Index, US Stocks Fall After Durable Good Report’s Release


The GovCon Index recorded a sharp decline Monday with a loss of 1.184 percent to close at 74.199 on a day that saw Engility Holdings (NYSE: EGL) and Serco Inc. as the only Index companies to end the day in positive territory. U.S. markets traded lower Monday after the Commerce Department said …

Read More »

Jane Bishop Named Northrop Grumman Military Aircraft Systems VP

Jane Bishop

Jane Bishop, formerly deputy lead for the E-2/C-2 programs of Northrop Grumman Corp. (NYSE: NOC), has been named vice president of E-2/C-2 programs for the military aircraft systems division with the aerospace systems sector. She will oversee the development, production and delivery of the E-2D Advanced Hawkeye aircraft, as well …

Read More »