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Tag Archives: ba

September 30 Market Close: GovCon Index Held By Vectrus Plunge Against S&P Gain, Post 2nd Straight Down Month

GovConIndexDOWN

Executive Mosaic’s GovCon Index failed to reverse its steep morning decline Friday despite a significant gain by the S&P 500 as a record intraday plunge by Vectrus (NYSE: VEC) on a large contract loss weighed on the GCI against a 2-to-1 ratio in favor of green stocks. Six of the GovCon Index’s 11 S&P 500 …

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Boeing, Harris to Develop New Avionics for Military Aircraft; Ed Zoiss Comments

Ed Zoiss

TYSONS CORNER, VA, Sept. 29, 2016 — Boeing (NYSE: BA) and Harris (NYSE: HRS) will collaborate on the development of a new avionics technology that will work to support present and future aviation missions, ExecutiveBiz reported Wednesday. Harris will integrate a common processing hardware with Boeing’s Secure Computing Solution Phantom Fusion mission software and …

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September 26 Market Close: GovCon Index, US Stocks Down Ahead of 1st Presidential Debate

GovConIndexDOWN

Executive Mosaic’s GovCon Index showed little change Monday to start September’s final trading week as U.S. stocks declined on investor anticipation over the first U.S. presidential debate to take place six weeks before the Nov. 8 election. GovCon Index decliners outnumbered gainers at a 2-to-1 ratio and two of its S&P 500 companies closed green with …

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Jim Chilton Promoted to Boeing Network & Space Systems Business President

Jim Chilton

Jim Chilton, vice president of strategic missiles and defense systems at Boeing (NYSE: BA), has been promoted to president of the aerospace and defense contractor’s network and space systems business in a move that takes effect Oct. 21. Boeing said Thursday the 32-year company veteran will succeed Craig Cooning, who has led N&SS since July 2014 …

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September 21 Market Close: GovCon Index Returns Above 80 After Fed Holds on Rate Hike & Signals December Move

GovConIndexUP

Executive Mosaic’s GovCon Index added 1 percent Wednesday to record its best session in two months and close above 80 points for the first time since Sept. 12 with 29 out of 30 stocks in positive after the Federal Reserve left benchmark interest rates unchanged and signaled a potential move in …

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Boeing Awarded $700M Air Force IDIQ to Continue Small Diameter Bomb Increment 1 Production

boeing logo

Boeing‘s (NYSE: BA) defense, space and security segment has received a potential $700 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force for the production of lots 12 to 14 Small Diameter Bomb Increment 1 weapons and carriage systems. The Defense Department said Thursday the sole-source contract includes support for foreign military sales agreements and work will …

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DoD Supports Boeing, Lockheed Plans to Found F-18, F-16 Manufacturing Lines in India

F16Fleet

TYSONS CORNER, VA, Sept. 8, 2016 —The Defense Department voiced support for Lockheed Martin‘s (NYSE: LMT) and Boeing‘s (NYSE: BA) plans to establish manufacturing for their F-16 and F-18 fighter jets in India under the Make in India project, ExecutiveBiz reported Tuesday. The companies will lead technology transfers and build F-16 and F-18 aircraft platform production …

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Report: South Korea Considers Purchase of Boeing P-8 Anti-Submarine Patrol Aircraft

Boeing P-8A Poseidon

TYSONS CORNER, VA, Sept. 8, 2016 — South Korea may purchase four Boeing-developed (NYSE: BA) P-8 Poseidon maritime surveillance aircraft as North Korea continues test firings of its submarine-launched ballistic missiles, ExecutiveBiz reported Wednesday. The country seeks an anti-submarine aircraft equipped with wide surveillance coverage and high speeds to help detect enemy submarines as they surface, JoongAng Ilbo reported …

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September 2 Market Close: GovCon Index Rides Post-Jobs Report Surge, Notches Weekly Gain

GovConIndexUP

Executive Mosaic’s GovCon Index ended its three-day losing streak Friday after August’s jobs report missed economists expectations to register a weekly gain and investors bet against the possibility of a September interest rate hike. GovCon Index gainers outnumbered laggers by a roughly 9-to-1 ratio and S&P 500-listed Northrop Grumman (NYSE: NOC) was the top …

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Harris Unveils 2 Board Appointments Under Jana Partners Pact

HARRIS

Melbourne, Florida-based Harris Corp. (NYSE: HRS) has confirmed one appointment to the board of directors and the nomination of a second as part of the communications technology maker’s cooperation agreement with activist hedge fund Jana Partners. Barry Rosenstein’s Jana disclosed its position as one of Harris’ 10 largest shareholders in August and both agreed to two mutually-agreed …

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