Search Results for: SPA

February 6 Market Close: GovCon Index Inches Green on Aerospace Prime Boosts, US Stocks Lower

Executive Mosaic’s GovCon Index notched a small advance Monday on help from large aerospace-and-defense primes as U.S. stocks held lower without a major event as a driver of trading activity in equity markets. GovCon Index gainers and decliners split even at 15-each but eight of its 11 S&P 500 components gained with seven of …

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Air Force Awards Orbital ATK $78M Spacecraft Integration, Test Support Contract

Orbital ATK (NYSE: OA) has been awarded a potential $78.2 million contract to help the U.S. Air Force‘s Space and Missile Systems Center integrate and test a space vehicle for the Defense Department. The sole-source contract covers integration and early on-orbit services for Space Test Program Satellite-6 spacecraft, the department said Friday. Work will occur …

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Stavatti Aerospace to Pitch Javelin Trainer for Air Force T-X Competition

Stavatti Aerospace has announced plans to offer its Javelin military jet trainer and very light fighter aircraft to the U.S. Air Force‘s $16.3 billion T-X trainer program. The company said Friday the Javelin platform, which was derived from the Aviation Technology Group-built Javelin Mk-30 civil jet sportplane, will be offered as a potential replacement for the service branch’s …

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Aerospace Industry Vet Gary Tenison to Join Triumph Group as Business Devt VP

Gary Tenison, formerly vice president of marketing and business development at Kaman‘s (NYSE: KAMN) aerospace group, will officially join Triumph Group on Feb. 13 as VP of business development. Triumph said Wednesday that Tenison will bring to the company more than 30 years of aerospace industry experience. “Gary will accelerate the critical work already underway to …

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Iridium, SpaceX Close Deal on NEXT, NASA-GFZ Satellite Rideshare; Matt Desch Comments

TYSONS CORNER, VA, Feb. 1, 2017 — Iridium Communications (Nasdaq: IRDM) has closed a deal with SpaceX for the simultaneous launch of the former’s NEXT communications satellites and the NASA-GFZ German Research Center for Geosciences mission’s twin satellites, ExecutiveBiz reported Tuesday. Five Iridium NEXT satellites will be deployed with the NASA/GFZ Gravity Recovery and Climate …

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GE-Safran JV Lands $2B DLA Contract for F108 Engine Replenishment Spare Parts

A joint venture of Safran‘s aircraft engines unit and General Electric‘s (NYSE: GE) aviation business will supply F108 military aircraft engine replenishment spare parts to the Defense Logistics Agency under a potential $2 billion contract . CFM International will perform work in Ohio and France under the contract that contains nine base months, a four-year option and an additional three-year …

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January 31 Market Close: GovCon Index Flat to Record Monthly Loss, Aerospace Primes Lead Declines

Executive Mosaic’s GovCon Index closed flat Tuesday with large prime aerospace contractors the main laggards and services companies the predominant gainers as U.S. stocks also fell on continued investor uncertainty over White House policies. GovCon Index decliners outnumbered gainers 18-12 as three of its 11 S&P 500 components advanced with co-listed McKesson Corp. (NYSE: …

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