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Tag Archives: Air Force

Weekly Roundup Nov 16 – Nov 20 2015: A Post-Paris Look at the Global Arms Trade & More

Weekly Roundup Nov 16 – Nov 20 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Investors made a sharp turn this week to defense and other government contracting stocks after the Friday Paris attacks in anticipation of increased activity in the global weapons market. The GovCon …

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CAE Awarded Technical Support Contract for Kuwait KC-130J Trainer Program

CAE (NYSE: CAE) has received a potential five-year, $30 million contract from the U.S. Army to provide technical services for Kuwait air force’s KC-130J weapon system training program through a foreign military sales agreement. Contract work will take place through Nov. 8, 2020, the Defense Department said Monday. Lockheed Martin (NYSE: …

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Weekly Roundup Nov 2 – Nov 6 2015: The Numbers Behind Record-Breaking M&A Year, CSC’s US Govt Spinoff Moves Forward & More

Weekly Roundup Nov 2 – Nov 6 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson While government agencies continue to operate at the established levels and tightly control the dollars they have on hand, the stock market is jumping in anticipation …

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Boeing-Lockheed Team Challenges Air Force Bomber Contract Award

The team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) has filed a protest against the U.S. Air Force‘s award of the multibillion dollar Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC) nearly a week after a post-selection debrief. Boeing said in a statement issued Friday they took issue with the Air Force’s evaluations of …

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Noble, ADS Awarded $390M DLA MRO Contract Modifications

The Defense Logistics Agency has awarded $390 million in contract modifications to Noble Supply and Logistics and Atlantic Diving Supply to provide maintenance, repair and operations services in support of the areas covered by the U.S. Central Command. DLA awarded $195 million each to ADS and Noble in exercise of …

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Weekly Roundup Oct 26 – Oct 30 2015: Northrop Records Double Victory w/ 3Q Earnings, Bomber Win & more

Weekly Roundup Oct 26 – Oct 30 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world’s fifth-largest defense contractor received a double-billing of good news this week via third quarter financial results that beat The Street and a landmark contract win …

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Northrop 3Q Earnings, Revenue Beat Wall Street Forecasts; Wes Bush Discusses Reorg to Investors

Northrop Grumman (NYSE: NOC) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $2.75 per share, 56 cents higher Wall Street analyst forecasts and 59 cents more than the prior year period. The company posted a $516 million profit for the quarter and recorded $5.98 billion …

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Bloomberg: Air Force Could Unveil Bomber Contract Winner by Tuesday

The U.S. Air Force has received the go-ahead from Pentagon acquisition chief Frank Kendall to proceed with the awarding of its Long Range Strike Bomber contract, Bloomberg reported Tuesday. Anthony Cappacio and Julie Johnsson write USAF could name Northrop Grumman (NYSE: NOC) or a team of Boeing (NYSE: BA) and …

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Boeing 3Q Earnings, Revenue Beat Expectations; Quarterly Defense Sales Up 6%

Boeing (NYSE: BA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $2.52 per share, 30 cents above Wall Street estimates and 38 cents higher than figures for the same period last year. The company also raised its full-year earnings outlook …

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