Search Results for: BAE

MBDA to Produce Air Defense System for Georgia

TYSONS CORNER, VA July 15, 2015 — Airbus, BAE Systems and Finmeccanica consortium MBDA has landed a contract to produce an air defense system for Georgia’s defense ministry, ExecutiveBiz reported Tuesday. The Civil Georgia online news service quoted local officials as saying Friday the defense system will be entirely compatible with …

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Larry Prior to Lead CSC’s Future US Public Sector Business Spinoff

Larry Prior, executive vice president and general manager of Computer Sciences Corp.‘s (NYSE: CSC) North American public sector business, has been selected to hold president and CEO titles for the company’s planned U.S. public sector spinoff. Prior’s appointment will require approval by the future Computer Sciences Government Services board of directors, CSC said …

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July 13 Morning Report: GovCon Index Up on Friday’s Close

The GovCon Index continued its rally for the second straight day with a gain of 1.246 percent in Friday’s trading session to close at 75.617. The Dow Jones Industrial Average rose 1.21 percent to 17, 760.41, the Standard & Poor’s 500 composite index gained 1.23 percent to 2, 076.62 and the NASDAQ composite index increased 1.53 percent …

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July 10 Market Close: GovCon Index, US Stocks Surge on Investor Hope for Greece Deal

The GovCon Index continued to rally from its Wednesday losses in Friday’s trading session to gain 1.246 percent and close at 75.617. U.S. stocks also extended their surge to a second consecutive day as investors showed optimism that a new economic proposal from Greece could show progress toward a deal …

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July 9 Market Close: GovCon Index, US Stocks Rebound Ahead of Greek Proposal Deadline

The GovCon Index bounced back from the prior day’s losses on Thursday to close at a gain of 0.572 points and end at 74.650. Financial shares recovered ground from Wednesday’s declines as investors waited to see if Greece would meet its Thursday midnight deadline to give European leaders a plan for spending …

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July 8 Market Close: GovCon Index, US Stocks Plummet as NYSE Floor Trading Paused in Midday

The GovCon Index lost ground from gains in the previous day’s trading session on Wednesday to record a loss of 1.19 percent and close at 74.122. Floor trading on the New York Stock Exchange halted at around 11:30 a.m. Eastern time due to a technical malfunction and resumed at close to 3:10 p.m., CNBC …

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David Kopf Joins Anaren as President of Space & Defense Group

David Kopf, formerly vice president of engineering and operations at Astronics AeroSat, has joined Anaren as president of the company’s space and defense group. His experience in leadership and business development at various technology-based space and defense companies works to support the business group’s capabilities, Anaren President and CEO Larry Sala …

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Germany to Discuss Missile Order with Lockheed-MBDA Team

Germany could initially procure 8 to 10 Medium Extended Air Defense Systems from the team of Lockheed Martin (NYSE: LMT) and MBDA for the country’s missile defense system replacement initiative, Reuters reported Thursday. Michelle Martin writes Thomas Homberg, managing director at MBDA, said that upcoming contract discussions would center on …

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June 24 Market Close: GovCon Index Down, Raw Material Losses Drag US Markets

The GovCon Index extended its losses from the previous day’s session to close down 0.756 points Wednesday and end at 76.292. Declines in raw material and railroad stocks held down U.S. markets Wednesday and investors grew concerned that Greece’s debt negotiations are not as close to completion as they previously …

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June 22: GovCon Index, US Stocks Gain on Investors’ Greek Hopes

The GovCon Index started the trading week with a gain of 0.236 points to 77.146 as U.S. stocks gained on investor optimism over a potential resolution to Greece’s long-running debt negotiations. Market activity picked up after comments from Greek Prime Minister Alexis Tsipras that his country could be willing to …

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