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Boeing Awarded $488M to Remanufacture Apache Helicopters for UK Army

Boeing (NYSE: BA) has received a $488.1 million contract modification from the U.S. Army to remanufacture 38 helicopters for the U.K. army and acquire three crew trainers along with associated spares as part of a foreign military sales agreement. The Defense Department said Thursday the modification covers remanufacturing of 38 AH-64 Apache …

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Boeing Lands $89M Navy Contract Modification for F/A-18, EA-18G Maintenance, Sustainment Services

Boeing (NYSE: BA) has received an $89.2 million contract modification from the U.S. Navy to provide additional depot-level maintenance support and sustainment services for the service branch’s F/A-18 and EA-18G aircraft units. The Defense Department said Friday that the company will perform high flight hour and recurring inspections, additional modifications and liaison engineering …

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Boeing Lands $143M Saudi Arabia AH-64E Helicopter Contract Modification

Boeing (NYSE: BA) has secured a five-year, $143.4 million contract modification from the U.S. Army to modify Saudi Arabia’s AH-64E Apache attack helicopters as part of a foreign military sales deal. The Defense Department said Wednesday that Boeing will implement a directed change for 24 Apaches of the Saudi Arabian national guard II and III. …

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GE Lands Potential $907M Navy Contract to Repair F/A-18, EA-18G Engine Components

General Electric (NYSE: GE) has received a potential four-year, $907 million contract to provide repair, replacement and program support services for engine components of the U.S. Navy‘s F/A-18 E, F and EA-18G planes. The Defense Department said Friday the performance-based contract has a three-year base period worth $670.7 million and one option year. The Navy obligated $89.6 …

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Boeing Gets $541M Army FMS Contract Modification to Continue CH-47 Helicopter Production for Netherlands

Boeing (NYSE: BA) has received a $541.1 contract modification from the U.S. Army to manufacture lot 15 CH-47F cargo renew and new build helicopters for Netherlands under a foreign military sales deal. The Defense Department said Friday the full obligated amount at the time of award of the modification is from …

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Boeing to Support Air Force F-15 Supply Chain Under $371M Contract Modification

Boeing (NYSE: BA) has secured a potential $371.2 million contract modification from the Defense Logistics Agency to provide performance-based supply chain support for the U.S. Air Force‘s F-15 aircraft fleet. The Defense Department said Wednesday the sole-source contract contains a five-year base period that will run through March 14, 2022, and one five-year unpriced …

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Boeing Gets $3.3B FMS Contract Modification to Build Apache Helicopters, Crew Trainers for Saudi Arabia

The U.S. Army has awarded Boeing (NYSE: BA) a five-year, $3.28 billion contract modification to produce lots 7 to 11 of AH-64E Apache attack helicopters for Saudi Arabia as part of a foreign military sales deal. The Defense Department said Wednesday the company will also provide remanufactured and new build AH-64Es and Longbow crew trainers; peculiar …

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ACT I Names Corey Gomez to Senior Contract Project Manager Post

Corey Gomez, a program manager at Advanced Concepts and Technologies International, has been appointed to serve as a senior contract project manager at ACT I to oversee the company’s multiple Defense Department contracts. ACT I said in a press release that Gomez will continue to offer more than 16 years worth of …

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March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike Chatter

Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also extended their record-setting rally in their best one-day performance of 2017 so far with the S&P 500 composite index above 2,400 for the first time during intraday trade after President Donald …

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February 28 Market Close: GovCon Index, US Stocks Hold Lower Ahead of Trump Address

Executive Mosaic’s GovCon Index and U.S. stocks fell Tuesday at their worst one-day declines over the past month as investors looked ahead to President Donald Trump’s speech before a joint session of Congress at 9:00 p.m. Eastern time for further clues on his economic agenda that has included promises of tax cuts, deregulation …

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