According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $10, 596, 300 firm-fixed-price delivery order against a previously issued basic ordering agreement (N00019-11-G-0001) for the procurement of 741 Honeywell model GG1320 ring laser gyros for F/A-18E/F and EA-18G aircraft for the U.S. Navy (714) and the government of Australia (27 spares). Work will be performed in Clearwater, Fla. (87 percent), and St. Louis, Mo. (13 percent), and is expected to be completed in April 2013. Contract funds will not expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.”
Boeing Kicks Off Week with Navy Deal
Related Articles
Executive Mosaic’s GovCon Index ended the week with a 2.36% loss following the 0.8% drop Friday to $4,780.55. The index, which tracks the stock performances of 30 major government contractors, has fallen 3.04% since the start of April. Wall Street saw a broad market selloff due to the escalating conflict between Iran and Israel. All the major
Boeing (NYSE: BA) has booked a $111.9 million undefinitized firm-fixed-price order from the U.S. Navy to manufacture and deliver avionics long lead time parts and spares in support of the F/A-18E/F Block III and E/A-18G aircraft. The Department of Defense said Thursday the award, which was made against a previously issued basic ordering agreement, supports
Executive Mosaic’s GovCon Index rose 0.46% to $4,896.02 Friday as 22 of its constituents advanced. However, the index, which tracks the stock performances of 30 major government contractors, still ended 1.35% lower week-on-week due to the weak start in April. Wall Street’s major indexes closed the week with losses despite bouncing back from their slump.