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May 31 Market Close: GovCon Index Declines, Ends 4th Straight Month in Positive as New Tanker Delay Drags Boeing Shares


The GovCon Index posted a decline of 0.398 points to 78.106 Tuesday on losses by Boeing (NYSE: BA) and other large defense prime contractors but ended at a gain for May to record its fourth straight month of positive movement. The Index rose 2.523 percent for May and has climbed 7.763 percent …

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The Telegraph: UK Eyes Boeing for $2.9B Apache Helicopter Contract


The U.K.’s ministry of defense could award a $2.9 billion contract for the purchase of 50 Apache helicopters to Boeing (NYSE: BA), The Telegraph reported Saturday. Alan Tovey writes MoD could issue the procurement and servicing contract to the U.S. company at the Royal International Air Tattoo military air show in July. “The Apache program …

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May 25 Market Close: GovCon Index Nudges Gain on Boeing, Navistar Lift


The GovCon Index nudged out a gain of 0.081 points to 78.273 Wednesday on contributions from Boeing (NYSE: BA) and armored truck manufacturer Navistar International (NYSE: NAV). Boeing surged 1.07 percent and Navistar rose 9.09 percent, while shipbuilder Huntington Ingalls Industries (NYSE: HII) rebounded by one-half percent a day after its stock was downgraded to “Sell” from “Hold” by …

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Boeing Wins $48M to Provide Navy Aircraft Engineering, Software Integration

The U.S. Navy has awarded Boeing (NYSE: BA) a $48,078,874 contract modification to provide engineering services and software integration for F/A-18 and EA-18 G aircraft, the Pentagon announced Tuesday. Boeing will also provide information systems, technical data updates and logistics support. The award modifies a previous delivery order for engineering …

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DoD Deal Comes In for Boeing

According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $54,659,249 cost plus incentive fee, fixed price contract to provide total C-17 weapon system sustainment responsibility under a single prime contractor with the goal of achieving improvements in logistics support and mission readiness while reducing operating and …

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Raytheon Books Work from Boeing

Raytheon (NYSE: RTN) won a contract from Boeing (NYSE: BA) for the second procurement in the four-year Multi-Year III program to produce and deliver APG-79 active electronically scanned array radars for F/A-18 Super Hornet tactical aircraft. According to the firm, “the APG-79 AESA radar hardware has 10-15 times greater reliability …

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Boeing Wins Navy Contract

According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $6,636,080 cost-plus-fixed-fee contract for logistic services in support of the U.S. Navy, U.S. Marine Corps, U.S. Air Force, and applicable foreign military sales customers.  Services to be provided include maintenance, engineering and technical support of AN-USM-702 Reconfigurable …

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Boeing Claims Army Deal

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $23,717,965 firm-fixed-price contract.  The award will provide for the procurement of the initial production fielding support for each new equipment training site equipped with the CH-47F Cargo Helicopter.  Work will be performed in Ridley Park, Penn., with an …

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Boeing Secures Navy Work

According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $12,592,123 cost-plus-fixed-fee order against a previously issued basic ordering agreement (N00019-11-G-0001) for non-recurring engineering associated with Engineering Change Proposal 6381 for the F/A-18 and EA-18G AN/APG-79 Active Electronically Scanned Array Radio Detection and Ranging General Purpose Processor …

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