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Search Results for: Boeing

February 7 Market Close: GovCon Index Higher on Boeing Lift, US Stocks End Positive Despite PM Dip

Executive Mosaic’s GovCon Index closed higher Tuesday with a strong performance by Boeing (NYSE: BA) the main contributor, while U.S. stocks ended slightly green despite an afternoon descent as investors eyed oil price declines. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as nine of its 11 S&P 500 components …

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Boeing Extends Sustainment Support for Air Force GPS II Constellations

TYSONS CORNER, VA, Feb. 6, 2017 — The U.S. Air Force has tasked Boeing (NYSE: BA) to extend its sustainment support for the service branch’s on-orbit Global Positioning System II satellites for another five years, ExecutiveBiz reported Friday. The company said Thursday it will help sustain the GPS IIA and IIF satellites as it works …

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Air Force Awards Boeing Potential $983M Aircraft Engineering Contract

Boeing (NYSE: BA) has secured a potential 10-year, $983 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to provide engineering support services such analysis and technical instructions for multiple types of aircraft. The Defense Department said Tuesday that Boeing will perform non-recurring engineering, introduce product updates and implement retrofit changes to support recurring and non-recurring …

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Boeing Reveals CST-100 Starliner Crew Spacesuit

TYSONS CORNER, VA, Jan. 30, 2017 — Boeing (NYSE: BA) has unveiled the spacesuit that the crew of the company’s CST-100 Starliner spacecraft will wear during NASA missions to low-orbit destinations, ExecutiveBiz reported Friday. The company said Wednesday the Boeing Blue spacesuit is designed to protect astronauts during the launch and return to Earth and …

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Boeing Gets $2B Air Force Funds for Lot 3 KC-46 Tanker, Spare Engine Production

The U.S. Air Force has awarded Boeing (NYSE: BA) a $2.12 billion contract modification to produce 15 KC-46 multirole tankers and supply two spare engines, five wing refueling pod kits and data. Boeing will perform work on the lot 3 KC-46s at a company facility in Washington through July 30, 2019, the Defense …

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January 25 Market Close: GovCon Index Higher on Boeing Earnings Beat, Textron Miss Weighs

Executive Mosaic’s GovCon Index held onto its gain Wednesday with help from Boeing (NYSE: BA) on the airplane maker’s fourth quarter results above analyst forecasts to offset the decline by Textron (NYSE: TXT) after its October-December figures disappointed Wall Street. U.S. stocks by comparison hit all-time highs again in comparison as the S&P …

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January 24 Market Close: GovCon Index Advances With Boeing Lift, Lockheed Drags on Dimmed Guidance & Sikorsky Material Weakness

Executive Mosaic’s GovCon Index traded higher Tuesday on a lift from Boeing (NYSE: BA) and government services stocks as Lockheed Martin (NYSE: LMT) fell after the defense contractor reported material weaknesses related to internal controls for financial statements at its Sikorsky helicopter subsidiary. All three major U.S. stock indices also advanced as the S&P …

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Boeing CEO Says Progress Made on ‘Simplifying Requirements’ for Air Force One After Trump Meeting

Boeing (NYSE: BA) CEO Dennis Muilenburg told reporters Tuesday after his hour-long meeting with President-elect Donald Trump that the company has moved forward on efforts in “simplifying requirements” for the future Air Force One replacement airplane with combat jets also a topic of discussion there. Trump first criticized the presidential aircraft program on …

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Boeing-Bell JV Lands $139M Contract Modification for Japan MV-22 Aircraft Engineering Services

A joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell Helicopter  subsidiary has secured a $138.6 million delivery order modification for non-recurring engineering services to support the integration of Japan’s configuration into the MV-22B Block C aircraft and MV-22 containerized flight training device. Bell-Boeing Joint Project Office will also support the development, qualification test, …

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Navy Takes Delivery of 50th Poseidon Aircraft From Boeing

TYSONS CORNER, VA, Jan. 11 2017 — Boeing (NYSE: BA) has delivered the 50th P-8A Poseidon aircraft to the U.S. Navy in support of the service branch’s anti-submarine and anti-surface warfare and intelligence, surveillance and reconnaissance operations, ExecutiveBiz reported Monday. The Navy said Thursday the company delivered the aircraft to Naval Air Station Jacksonville in …

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