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Tag Archives: Boeing

Reports: White House OKs Sale of Boeing, Lockheed Fighter Jets to Qatar, Kuwait & Bahrain

F-15

The White House has approved the requests of Kuwait and Qatar to buy up to 76 Boeing-built (NYSE: BA) F-15 and F/A- 18E/F Super Hornet aircraft worth approximately $7 billion, Reuters reported Wednesday. Andrea Shalal writes the U.S. government also cleared the sale of Lockheed Martin-built (NYSE: LMT) F-16 aircraft to Bahrain under a …

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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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Navy Taps Boeing, Lockheed for MQ-25 Carrier UAV Risk Reduction Contracts

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The U.S. Navy has awarded a $43.4 million contract to Boeing (NYSE: BA) and a $43.6 million contract to Lockheed Martin (NYSE: LMT) to provide risk reduction measures for the military branch’s first carrier unmanned aerial vehicle program. Boeing and Lockheed will also refine concepts and develop trade space models to support requirements …

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Weekly Roundup September 19 – September 23 2016: KBR Becomes Major Govt Services Player & more

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September 19 – September 23 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson KBR’s expansion move into the U.S. and global government services markets became official on Monday when the Houston-based engineering company closed its $300 million purchase of the business known as …

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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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State Dept Clears $2B Sale of Boeing KC-46A, Raytheon & Northrop Components to Japan

KC46A

The State Department has given Japan the go-ahead to purchase the Boeing-built (NYSE: BA) KC-46A Pegasus tanker aircraft and related support from the U.S. government under a potential $1.9 billion foreign military sales agreement. Japan asked to procure four KC-46A aerial refueling planes equipped with Raytheon-made (NYSE: RTN) ALR-69A radar warning receivers and MAGR …

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Air Force Exercises $395M Lockheed Contract Option for 9th & 10th GPS III Satellites

GPS III

Lockheed Martin (NYSE: LMT) has received a potential $395 million contract modification to build the ninth and 10th Global Positioning System III space vehicles for the U.S. Air Force. The Air Force exercised an option in a previously awarded GPS III production contract and obligated $373.4 million for the modification from …

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

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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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Al Raha Group to Support Saudi F-15 Fleet Under $356M USAF Foreign Sales Deal

F-15

The U.S. Air Force has awarded Al Raha Group for Technical Services a $355.9 million firm-fixed-price contract to provide integrated support services to Saudi Arabia’s fleet of  Strike Eagle fighter aircraft. RGTS will also manage unclassified aircraft spares and support equipment as well as support  base standups and F-15 and F-15SA flight operations of the …

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Raytheon Receives $63M AESA Radar Tech Order for Navy Super Hornet, Growler Jets

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Raytheon (NYSE: RTN) has received a $63 million order to produce and deliver 18 AN/APG-79 active electronically scanned array radars for the U.S. Navy ‘s F/A-18E/F Super Hornet and EA-18G Growler jets. The Defense Department said Thursday that Raytheon will also supply two AN/APG-79 AESA radars to support AESA configuration D upgrade tests and one AN/APG-79 radar to Australia under a foreign military …

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