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Tag Archives: Boeing

December 8 Market Close: GovCon Index Drops on Steep Prime Declines, SAIC Climbs on Earnings Beat

Executive Mosaic’s GovCon Index tumbled Thursday on steep losses among several of its large-cap prime components as U.S. stocks posted a small advance to a new record high close with financial shares the top performers at a 1-percent gain and industrials the largest laggards. Thursday’s decline puts the GCI below 90 points after a …

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December 7 Market Close: GovCon Index Posts All-Time Record Close, Extends Gain Streak to 5

Executive Mosaic’s GovCon Index posted a fifth straight gain to a new all-time record close Wednesday on strong performances by Honeywell International (NYSE: HON) and L-3 Communications (NYSE: LLL) as U.S. stocks also advanced with the S&P 500 at a record close. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio …

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Salient CRGT Promotes Tom Howe to Homeland Security & Law Enforcement Solutions VP

Tom Howe, formerly a division director at Salient CRGT, has elevated to vice president of homeland security and law enforcement solutions at the Fairfax, Virginia-based information technology services provider. Salient CRGT said Wednesday he will oversee the company’s work with the Department of Homeland Security and FBI in his new role. Tom Ferrando, president of Salient CRGT, …

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December 6 Market Close: GovCon Index Up on Continued Mid-Tier Defense, Services Gains

Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks …

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Boeing to Acquire Liquid Robotics, Maker of Autonomous Maritime Vehicle ‘Wave Glider’

Boeing (NYSE: BA) has agreed to purchase Sunnyvale, Calif.-based autonomous maritime vehicle manufacturer Liquid Robotics for an undisclosed sum in the airplane maker’s strategy to create new information services functions between the ocean and space. Boeing said Tuesday its acquisition of the company behind the Wave Glider ocean surface robot also aims to continue a partnership …

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State Dept OKs $156M Sale of F/A-18 Joint Tactical Radio Systems, Support to Finland

The State Department has approved Finland’s request to buy F/A-18 aircraft equipment and related services from the U.S. government under a potential $156 million foreign military sales agreement. Finland asked to procure 90 Multifunctional Information Distribution System Joint Tactical Radio Systems, test and training equipment, spares, and repair parts in support of …

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Report: Navy Eyes Super Hornet Purchase to Address Carrier-Based Strike Fighter Shortfall

The U.S. Navy looks to unload its Boeing-built F/A-18 Hornet fighter jets and buy F/A-18E/F Super Hornet aircraft to address a shortage of fighters jets aboard the service branch’s carriers, Reuters reported Saturday. Andrea Shalal writes a Navy official said the plan could be implemented as part of the fiscal year 2018 budget alongside …

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ULA to Support Air Force Launch Vehicle Configuration Under $269M Contract Modification

United Launch Alliance has received a $269.2 million contract modification to configure the Delta IV Heavy rocket as part of the U.S. Air Force‘s launch vehicle production requirement for fiscal year 2017. The Defense Department said Friday work will occur in Centennial, Colorado; Decatur, Alabama; and Cape Canaveral Air Force Station, Florida, through April …

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December 1 Market Close: GovCon Index Flat on Services Stock Declines & Aerospace Gains

Executive Mosaic’s GovCon Index closed in narrow range Thursday to start the final month of 2016 as sharp declines by government services contractors offset large gains for aerospace stocks in a session that saw U.S. stocks close mixed. GovCon Index decliners outnumbered advancers by a 2-to-1 ratio and five of its 11 S&P 500 stocks …

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Iridium, Boeing Restructure Satellite Operations, Maintenance Partnership; Matt Desch Comments

TYSONS CORNER, VA, Dec. 1, 2016 — Iridium Communications (Nasdaq: IRDM) is set to hire the majority of the Boeing (NYSE: BA) team that provides operations and maintenance services for the former’s satellites as part of a relationship restructure between the two companies, ExecutiveBiz reported Wednesday. The firms will also signed a …

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