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Search Results for: Boeing

GovCon Index Defense & Services Primes Report Mixed 1Q Earnings; Boeing Misses

Six companies listed in Executive Mosaic’s GovCon Index plus another large non-GCI government contractor reported their latest quarterly earnings statements before U.S. financial markets opened Wednesday. Of those seven total, six posted results for the first quarter of their respective fiscal years that run on a calendar basis, with one for the second …

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April 20 Market Close: Boeing Downgrade Nudges GovCon Index Down Despite Textron 1Q Earnings, Sales Beat

The GovCon Index ended its three-day gain streak Wednesday with a nominal loss of 0.008 points to 76.354 as a downgrade on Boeing‘s stock (NYSE: BA) and its subsequent decline offset gains from a first-quarter sales and earnings beat from Textron (NYSE: TXT). Providence, R.I.-based Textron climbed 4.89 percent — or $1.86 — as the GCI’s top gainer in …

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Boeing Lands $308M FMS Chinook Contract Modification From Army

Boeing (NYSE: BA) has received a $308 million contract modification from the U.S. Army to manufacture 12 CH-47F helicopters for Holland through a foreign military sales contract. The Defense Department said Thursday the company will complete the production in Ridley Township, Pennsylvania, by April 15. The CH-47F Chinook helicopter incorporates a digital cockpit …

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Boeing, Lockheed Submit Bids on Air Force’s GPS III Program

TYSONS CORNER, VA, April 14, 2016 — Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) have joined Northrop Grumman (NYSE: NOC) as bidders on the U.S. Air Force‘s procurement program for future GPS III satellites, ExecutiveBiz reported Wednesday. Aviation Week reported Tuesday Lockheed submitted a proposal that includes a Harris-built (NYSE: …

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Lockheed-Boeing JV Launches CubeSat Rideshare Contest for University STEM Projects

TYSONS CORNER, VA, April 13, 2016 — A Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture will work with Tyvak Nanosatellite Systems to launch a competition that will award free payload rides aboard the Atlas V rocket for university science, technology, engineering and math projects, ExecutiveBiz reported Tuesday. The United Launch Alliance JV …

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Boeing to Provide F/A-18 Maintenance Support Under $94M Navy Contract Modification

Boeing (NYSE:BA) has received a $93.8 million U.S. Navy contract modification to provide maintenance support for F/A-18 A/B/C/D aircraft. The company will perform High Flight Hour inspections, recurring and additional inspections, modifications and liaison engineering, the Defense Department said Monday. The award exercises an option in a previously awarded contract, DoD added. Work will occur …

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Boeing to Deliver 117 Apache Helicopters Under $923M Army Contract Modification

Boeing (NYSE:BA) has received a $922.6 million U.S. Army contract modification to deliver 117 AH-64E Apache combat helicopters. The Defense Department said Thursday work for the modification will occur in Mesa, Arizona, through May 31, 2018. The full obligated amount is from fiscal 2015 and 2016 “other procurement” funds, DoD added. The service …

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State Dept OKs Australia’s Request for $386M in Boeing Small Diameter Bombs

The State Department has cleared a potential $386 million foreign military sale of GBU-39/B Small Diameter Bombs Increment 1 weapons and related equipment to Australia. The Defense Security Cooperation Agency said Wednesday the sale includes up to 2, 950 GBU-39/B bombs,  50 guided test vehicles equipped with inert fuze, spare and repair parts, training,  engineering, logistics and technical support …

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Boeing Secures $275M Air Force Space Systems Research IDIQ

Boeing (NYSE: BA) has been awarded a $275 million contract with the U.S. Air Force to study and engineer ground-based space systems. The Defense Department said Tuesday the company will also transition the resulting technology to support the Air Force’s operations. Boeing will perform research, engineering, program management and technical support …

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NAVAIR Awards Boeing $235M P-8A Long Lead Parts Contract Modification

Boeing (NYSE: BA) has been awarded a $235.3 million contract modification by the Naval Air Systems Command to obtain long-lead materials needed for the U.S. Navy‘s P-8A maritime aircraft program. The modification covers parts, components and equipment that Boeing will need to produce and deliver 11 full-rate production Lot IV P-8As, the Defense Department …

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