https://www.youtube.com/watch?v=oiwzazkWUA8 On Oct. 21, the CH-53K King Stallion successfully completed initial operational testing by the U.S. Marine Corps, which included external lift scenarios of 27,000 lbs. (12,200 kg) in hover and a 12,000 lb. (5,422 kg) 110 nautical mile radius mission. Ground events included embarkation / debarkation of comb...
Executive Mosaic’s GovCon Index inched higher Thursday to end its three-day streak of declines on a large gain by Huntington Ingalls Industries (NYSE: HII) and contributions from services-oriented companies as U.S. stocks also climbed after the release of new economic data. GovCon Index gainers edged decliners 16-14 as six ...
Executive Mosaic’s GovCon Index turned from neutral to negative territory Wednesday as did the U.S. stock bellwether S&P 500 composite index after the Federal Reserve raised interest rates for only a second time since the 2008 financial crisis. GovCon Index decliners outnumbered gainers by a 9-to-1 ratio as three of its...
Carey Bond, a former corporate president at Lockheed Martin™s (NYSE: LMT) Sikorsky Aircraft company, has joined the board of directors of CPI Aerostructures. Bond’s appointment to the board brings the total number of directors to eight before Director Kenneth McSweeney’s retirement at the end of his term, CPI Aero said Tue...
The State Department has approved Kuwait’s request to buy equipment and support services for the recapitalization of 218 General Dynamics-built (NYSE: GD) Abrams M1A2 main battle tanks under a potential $1.7 billion foreign military sales agreement with the U.S. government. The Defense Security Cooperation Ag...
Executive Mosaic’s GovCon Index closed lower Tuesday in a session that saw the U.S. stock bellwether S&P 500 close at an all-time record high as investors restarted post-election buying activity in sectors they expect to see growth under a Donald Trump administration. Tuesday’s flat movement by the GCI follows Monday’...
Executive Mosaic’s GovCon Index tumbled Thursday on steep losses among several of its large-cap prime components as U.S. stocks posted a small advance to a new record high close with financial shares the top performers at a 1-percent gain and industrials the largest laggards. Thursday’s decline puts the GCI below 90 p...
Booz Allen Hamilton‘s (NYSE: BAH) pending $250 million purchase of Laurel, Maryland-based cloud computing and digital services contractor Aquilent represents a selective entry into the GovCon acquisition landscape for a firm as it has made five purchases. McLean, Virginia-based Booz Allen largely sat out of last year’s ...
Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks registered...
The State Department has approved Finland™s request to buy F/A-18 aircraft equipment and related services from the U.S. government under a potential $156 million foreign military sales agreement. Finland asked to procure 90 Multifunctional Information Distribution System Joint Tactical Radio Systems, test and training equipment, spare...
