Executive Mosaic’s GovCon Index closed at an all-time high for the sixth time in eight sessions Wednesday on a mix of strong performances from middle-tier platform and product makers plus predominantly services-oriented contractors. The GovCon Index gained 0.328 points to 82.193 with nine of the GCI’s 11 S&a...
A joint venture of Boeing (NYSE: BA) and Bell Helicopter has received a four-year, $544.6 million contract modification from the U.S. Navy to manufacture and deliver four MV-22 Osprey multirole tiltrotor aircraft to Japan under the foreign military sales program. The Bell-Boeing Joint Program Office will also obtain long-lead materials needed t...
Lockheed Martin (NYSE: LMT) envisions further reductions in its outstanding share count after the merger of its information systems and global solutions business into Leidos Holdings (NYSE: LDOS) completes on its scheduled closure date of Aug. 16, Lockheed Chief Financial Officer Bruce Tanner told investors Tuesday. Tanner’s com...
TYSONS CORNER, VA, July 19, 2016 – Michael Isman, a Booz Allen Hamilton (NYSE: BAH) vice president, has stated that the company believes private and public institutions will utilize automated interactive messaging technologies to provide customer service, ExecutiveBiz reported Wednesday. Isman said there is a possibili...
TYSONS CORNER, VA, July 19, 2016 ” Lockheed Martin‘s (NYSE: LMT) Systems Made Simple subsidiary has received recognition from the Association of Management Consulting Firms for the company’s support for the Department of Veterans Affairs‘ My HealtheVet sustainment program, GovCon Executive reported Thursday. Systems ...
Lockheed Martin (NYSE: LMT) lifted full-year earnings and revenue guidance Tuesday and exceeded analysts’ second quarter estimates for both figures on sales from the Sikorsky helicopter business acquired in November as negotiations between the company and U.S. government continue on the next two F-35 fighter jet batches. Bethesd...
NASA has awarded separate contracts to five companies to perform concept studies for a future Mars orbiter mission as part of efforts to develop telecommunications and global high-resolution imaging tools to support the space agency’s exploration of the Red Planet. The agency said Monday its Jet Propulsion Laborat...
Executive Mosaic’s GovCon Index traded lower Monday and the U.S. stock bellwether S&P 500 composite index closed at a new all-time record as investors mulled new second quarter earnings reports as many GCI companies prepare to state their April-June results. The GovCon Index closed down 0.233 points to 81.586 with four ...
TYSONS CORNER, VA, July 18, 2016 ” Orbital ATK (NYSE: OA) plans to launch its sixth International Space Station cargo resupply mission under the Commercial Resupply Services contract with NASA by Aug. 22, ExecutiveBiz reported Friday. The space agency said Friday Orbital ATK’s Cygnus spacecraft will launch from the Wallops ...
Boeing (NYSE: BA) has secured a potential $127.3 million contract modification to continue to perform risk reduction efforts for the U.S. Air Force™s Presidential Aircraft Recapitalization program. The Air Force said Friday it issued the contract modification in order to determine how to procure, build, test and modify Boeing™s 7...
