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Tag Archives: Boeing

State Dept OKs Potential $420M F/A-18 Support FMS to Kuwait

Boeing F-18 Super Hornet

The State Department has approved a possible $420 million foreign military sale of F/A-18 C/D support services and spares to Kuwait. The Defense Security Cooperation Agency said Thursday Kuwait’s request covers F/A-18 avionics software and engine component upgrades, ground support equipment, engine and aircraft spares and repair parts, publications and technical documentation, engineering change …

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May 26 Market Close: GovCon Index Down Slightly With Mixed Market Results

GovConIndexDOWN

The GovCon Index closed down slightly 0.078 points to 78.195 with armored truck manufacturer Navistar International (NYSE: NAV) and CSRA (NYSE: CSRA) posting the largest percentage loses. CSRA conducted their fourth-quarter and full-year earnings call yesterday after the market close and posted mixed results, as reported in GovCon Wire. U.S. stocks closed …

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Battelle, Boeing, University Partners Seek NNSA Deal to Manage Sandia Labs

nuclear power plant

TYSONS CORNER, VA, May 26, 2016 — Battelle and Boeing (NYSE: BA) have teamed with the Texas A&M University System, the University of Texas System and the University of New Mexico in a joint bid to manage the Energy Department‘s Sandia National Laboratories, ExecutiveBiz reported Wednesday. Battelle said Tuesday DOE’s National Nuclear …

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

GovConIndexUP

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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May 23 Market Close: GovCon Index Slides, US Markets Mixed on Apple Bounce & Rate Hike Chatter

GovConIndexDOWN

The GovCon Index consistently traded lower for the entirety of Monday trade and closed at a decline of 0.509 points to 77.267 with U.S. financial markets choppy in light of a sharp gain by Apple and speculation among investors about potential interest rate hikes this year. Boeing (NYSE: BA) nudged out …

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May 19 Market Close: GovCon Index Held Down on Continued Rate Hike Speculation, RBC Downgrades Lockheed & Northrop

GovConIndexDOWN

The GovCon Index felt the pressure from U.S. investor worries about a potential interest rate hike in June and closed at a decline of 0.520 points to 77.071. CAE (NYSE: CAE) was one of the GovCon Index’s lone bright spots with a gain of 2.65 percent after the Montreal-based aerospace and defense contractor …

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Air Force Picks Boeing, Northrop for GPS Satellite Digital Waveform Generator Support

GPS satellite

TYSONS CORNER, VA, May 19, 2016 — Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) will provide digital signal generation technology to the U.S. Air Force under separate contracts in support of the Orbit Reprogrammable Digital Waveform Generator program, ExecutiveBiz reported Wednesday. The Defense Department said Monday Boeing received a $16.2 million …

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Boeing Receives 3 Navy Contracts Valued at Potential $163M for P-8A Components Repair

Boeing P-8A Poseidon

Boeing (NYSE: BA) has secured three U.S. Navy contracts with a potential value of $163 million in total for the repair coverage of 421 P-8A aircraft mission system and commercial components. The Defense Department said Monday two contracts require repair services for 217 mission system components, while the remaining contract covers repair for 204 …

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May 16 Market Close: GovCon Index Posts 1% Gain as Markets Welcome Buffett’s Apple Stake

GovConIndexUP

The GovCon Index posted its second gain of more than a full point in three weeks Monday to close up 1.052 points — or 1.366 percent — to 78.090. Contractor stocks rode the wave of positivity in U.S. markets after Warren Buffett’s Berkshire Hathaway investment arm disclosed its now-$1 billion stake in Apple as of the first quarter’s …

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State Dept Approves $143M Harpoon Block II Missile Sale to Egypt

MissileDefense

The State Department has cleared Egypt’s request to buy UGM-84L Harpoon Block II missiles, related equipment and support from the U.S. government under a potential $143 million foreign military sales agreement. Boeing (NYSE: BA) will serve as the principal contractor under the FMS deal that includes 20 Harpoon missiles, two encapsulated …

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