Boeing (NYSE: BA) will take $2.05 billion in total after-tax charges on second quarter earnings that include a $393 million writedown on the KC-46 refueling tanker for the Air Force when the airplane manufacturer reports April-June results Wednesday. The company said Thursday the charges amount to $3.23 in earnings per share with 63 c...
Executive Mosaic’s GovCon Index tumbled Thursday on large declines among defense prime companies as U.S. stocks traded lower on falling oil prices and mixed earnings reports among blue chips. The GovCon Index declined 0.694 points to 81.499 as none of the GCI’s 11 S&P 500-listed stocks closed at a ...
TYSONS CORNER, VA, July 21, 2016 — NEC Corp. of America has been included in Red Hat‘s (NYSE: RHT) Certified Cloud and Service Provider program after accomplishing all enterprise cloud deployment certification and testing requirements, ExecutiveBiz reported Tuesday. NEC said Monday it will utilize managed, multitenant...
TYSONS CORNER, VA, July 21, 2016 ” General Dynamics (NYSE: GD) has secured an $18.9 million contract modification from the U.S. Navy for the development of a payload module for the Virginia-class attack submarines, ExecutiveBiz reported Wednesday. The company said Tuesday the award covers two Virginia payload module pre-production uni...
TYSONS CORNER, VA, July 21, 2016 ” Deloitte has partnered with Cray to offer a cyber analytics service for government agencies that works to generate threat intelligence for the discovery, analysis and response to cyber threats, ExecutiveBiz reported Wednesday. The subscription-based Cyber Reconnaissance and Analytics service utilizes...
TYSONS CORNER, VA, July 21, 2016 ” DynCorp International has received certification from auditing firm MSS Global that the private security company’s management systems are compliant with ethics and other international standards, ExecutiveBiz reported Wednesday. The company said Tuesday the PSC.1 certification bas...
VSE Corp. (Nasdaq:VSEC) has received a potential 16-month, $74 million delivery order under a foreign military sales Naval Ship Transfer and Repair contract for services to reactivate decommissioned U.S. Navy ships that will be transferred to Taiwan’s military. Alexandria, Virginia-based said Thursday it will mana...
ASRC Federal‘s ASTS subsidiary has landed a potential $42 million contract from the National Oceanic and Atmospheric Administration to provide engineering and mission operations support services for NOAA’s National Environmental Satellite, Data and Information Service. The company said Wednesday the contract covers&nb...
Orbital ATK (NYSE: OA) has won a $182.1 million contract from the Missile Defense Agency to manufacture the third type of configuration for the agency’s medium-range ballistic missile target system. The contract also covers production and support equipment, logistics, system engineering and analysis and mission operations, the Defense Dep...
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...
