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Executive Mosaic’s GovCon Index recorded its first weekly loss in eight weeks after sliding 0.19% to $4,880.45. Decliners also outnumbered gainers on Friday. The index, which tracks the stock performances of 30 major government contractors, lost 1.17% overall week-on-week.  Wall Street was swamped with economic reports, mostly inflation-...

Boeing (NYSE: BA) has secured a five-year, $680.1 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy to provide software and hardware enhancement services for the F/A-18E/F Super Hornet and EA-18G Growler aircraft of the service branch and the Royal Australian Air Force. Under the contract, the Department of Defense sai...

Boeing (NYSE: BA) has received a potential $3.4 billion contract from the U.S. Navy to produce 17 P-8A Poseidon aircraft for Canada and Germany. The company said Thursday it will manufacture 14 Poseidon planes for Canada’s air force and three units for the German navy. “The Poseidon is a proven aircraft, with more than 600,000...

Boeing (NYSE: BA) will help the U.S. Air Force operate, test and maintain a ground-based intercontinental ballistic missile system under a $405.4 million contract modification. A notice posted on SAM.gov Monday states that the modification extends a previously awarded sole-source contract for the operations, maintenance and testing of the Minuteman ...

Uma Amuluru, vice present and general counsel at Boeing‘s (NYSE: BA) defense, space and security business arm, has been appointed as the aerospace company’s chief human resources officer and executive VP of HR. She will assume her new post on April 1 and succeed Michael D’Ambrose, who is retiring in July after four decades of...

The U.S. Air Force has awarded 17 companies positions on a potential $499 million contract to design, develop, test and deliver anti-tamper systems to protect critical program information and technologies from adversarial tamper efforts. The Air Force Life Cycle Management at Wright Patterson Air Force Base in Ohio launched a competitive acquisition...

David Levy, an aerospace and defense executive, has been named chief revenue officer at DZYNE Technologies, an unmanned autonomous systems developer. He succeeds Christopher Miller, who has served as interim CRO but will stay with DZYNE as chief of strategic pursuits and board member, the company said Tuesday. As CRO, Levy will oversee revenue opera...

Boeing (NYSE: BA) has secured a $102.7 million contract modification to help the U.S. Navy modernize the anti-submarine warfare capabilities of its P-8A maritime patrol and reconnaissance aircraft fleet. The company will produce and deliver 10 P-8A Increment 3 retrofit A-kits and three retrofit kit A-kit installs to the service branch under the modi...

As space innovation accelerates, 2024 promises to be a year full of exciting rocket launches, satellite technology improvements and space exploration breakthroughs. Mark your calendars for these significant upcoming launches: If you’re interested in the increasingly vital space domain, you won’t want to miss exclusive insights at the Potomac Off...

The State Department has approved NATO’s request to purchase contractor logistics support services to help alliance members maintain and sustain their C-17 military transport aircraft fleet under a potential $150 million foreign military sale agreement. Boeing (NYSE: BA) will serve as the principal contractor on the proposed FMS deal that cove...