Search Results for: collins aerospace

July 11 Market Close: GovCon Index, S&P 500 Close at All-Time Highs

Executive Mosaic’s GovCon Index closed above 81 points for the first time Monday as the S&P 500 composite index ended at a new record high as investors sought to carry Friday’s rally after the pre-market June jobs report then. The GovCon Index gained 0.293 points to 81.106 as seven of the 30 stocks hit new 52-week …

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May 3 Market Close: GovCon Index Sinks on Harris Guidance Cut, CACI’s Extended Slide as Northrop Gets Upgrade

The GovCon Index held negative throughout Tuesday trade and closed at a decline of 0.489 points to 76.365 with Harris Corp. (NYSE: HRS) as the largest lagger after another full-year guidance cut by the military radio maker. Melbourne, Florida-based Harris fell 5.48 percent — or $4.43 — after the company reduced the 12-month revenue forecast in its …

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Weekly Roundup April 18 – April 22 2016: First Quarter Earnings Season Arrives & more

April 18 – April 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Corporate earnings season is underway for the first quarter and gives an opportunity for investors to gauge the financial health and performance of the world’s largest defense and government contractors. We …

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State Dept Clears $3B Poseidon Aircraft, Equipment Sale to U.K.

The State Department has cleared a potential $3.2 billion foreign military sales agreement for the U.K. to procure Boeing-built (NYSE: BA) P-8A maritime surveillance planes and related equipment and support services from the U.S. The U.K. ordered nine Poseidons in an effort to supplement patrol and reconnaissance missions of the British military and …

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USAF Unveils Northrop’s 7 Teammates on B-21 Bomber Aircraft Development Program

The U.S. Air Force has unveiled the names of seven companies that will partner with Northrop Grumman (NYSE: NOC) to help build a fleet of B-21 Long Range Strike Bomber planes for the military service, Defense News reported Monday. Lara Seligman writes Air Force Secretary Deborah Lee James said in a news briefing at the Pentagon …

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NASA Chooses 11 for $400M Langley Center Research Support IDIQ

Eleven companies have been awarded positions on a potential five-year, $400 million contract to help build new aerospace systems at a NASA research facility in Virginia. NASA said Thursday contractors will compete to perform technology basic and applied research, development, analysis, integration and demonstration services for Langley Research Center. Work …

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Air Force Picks 22 Companies for $490M Contract Under ‘Agile Acquisition’ Program

The U.S. Air Force has awarded spots on a $490 million indefinite-delivery/indefinite-quantity contract under the Agile Acquisition program to 13 large businesses and nine small businesses. The Defense Department said Thursday the contract covers pre-program, technology development, engineering, manufacturing and production activities for new-build or modified systems. Ten large business and 13 …

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Mike Knowles, Mike Twyman Join Cubic’s Defense Leadership Team

Mike Knowles and Mike Twyman, veterans in the defense business, have both joined Cubic Corp. (NYSE: CUB) in executive roles within the San Diego-based company’s defense business unit. Knowles has been named vice president and deputy general manager of the air ranges and Live-Virtual-Constructive integrated training campaign business segment, Cubic said Wednesday. Twyman …

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Thales USA CEO Allan Cameron Retiring, Alan Pellegrini Named Successor

Thales USA has promoted Alan Pellegrini, currently vice president and general manager for avionics, to succeed the retiring Allan Cameron as president and CEO, effective at the beginning of 2013. The company said Cameron started as CEO in 2006 and led the company through four acquisitions in the defense and …

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GovCon Wire’s September Executive Move Roundup Tallies 21 Across GovCon

The month of September produced a relatively even distribution of executive moves at government contracting firms across company leadership posts and executive positions in financial, contracts and legal operations. In all, GovCon Wire covered 21 executive moves during September. Check out the wide range below. Leadership Parsons promoted Mary Ann Hopkins …

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