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Tag Archives: BAE Systems

UK Defense Ministry Awards BAE $1.8B Nuclear Submarine Construction Contract

BAE Systems has received a potential $1.79 billion contract from the U.K.’s defense ministry to design and build a nuclear-powered attack submarine for the British navy. BAE said Wednesday that Agamemnon will be the sixth of seven Astute-class submarines to be constructed at a company facility in Cumbria, England. Each Astute-class submarine is powered by a nuclear reactor and designed to launch …

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April 18 Market Close: GovCon Index and Major Markets Drop as Goldman Earnings Down

The Executive Mosaic GovCon Index retreated to close down 0.407 percent to 90.431 giving back one-half of yesterday’s gains. Advancing and declining stocks were pretty well split on the day. U.S. markets all closed down with a disappointing earning report from Goldman Sachs. Leading the decline were healthcare companies, energy producers, and …

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BAE Systems Exec Peder Jungck Named President of Cyber Info-Sharing Org

Peder Jungck, chief technology officer of BAE Systems‘ intelligence and security business, will serve as president of a nonprofit industry organization that aims to facilitate cyber threat information sharing and collaboration in the technology sector. The company said Tuesday Jungck will lead the Information Technology – Information Sharing and Analysis Center as …

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BAE Eyes Task Orders Under Army Space, Missile Defense Tech Dev’t Contract; DeEtte Gray Comments

TYSONS CORNER, VA, April 17, 2017 — BAE Systems will bid on task orders to provide prototype design, test and integration support to the U.S. Army‘s Space and Missile Defense Command and Army Forces Strategic Command under a potential $3 billion multi-award contract awarded in February, ExecutiveBiz reported Wednesday. The company said …

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April 13 Noon Day Report:With Long Weekend Ahead GovCon Index and Markets up Slightly

At noon on the day prior to the long holiday weekend the Executive Mosaic GovCon Index is up slightly by 0.270 percent to 90.614. Advancing companies are outpacing decliners 18 to 12. As markets anticipate the long Easter weekend they are up slightly as JP Morgan Chase & Co. and Citigroup Inc. …

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April 12 Market Close:GovCon Index and Major Markets all Down for the Day

The Executive Mosaic GovCon Index followed major markets closing down 1.027 percent to 90.370; reversing its five days of gains. The GovCon Index advancing companies outpaced decliners 5 to 1. The major markets all moved negative as President Trump stated to the WSJ that the dollar is “getting too strong.” The US …

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April 10 Market Close:GovCon Index and Markets Show Little Movement on Geopolitical Concerns

The Executive Mosaic GovCon Index closed up 0.028 percent to 90.847 with KBR at the top after announcing the settlement of a decade long legal dispute. The GovCon Index advancing companies outpaced decliners 2 to 1. The major markets showed nominal movement as investors remain on the sidelines watching the Asian and …

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April 10 Morning Report: GovCon Index Closes Friday and the Week in the Positive

The Executive Mosaic GovCon Index ended Friday up 0.578 percent to 90.822 for the day and closed at a weekly high. Both defense contractors and crude oil futures fared well after the U.S. action against Syria. On Friday GovCon Index advancing companies outpaced decliners 4 to 1. Major market indices reacted minimally to …

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April 7 Market Close:GovCon Index Up;Markets With Minor Reaction to Mixed March Jobs Report

The Executive Mosaic GovCon Index closed up 0.578 percent to 90.822 with the large platform and manufacturing companies leading the way. The GovCon Index advancing companies outpaced decliners 4 to 1. In what was a roller coaster of a trading day the major indices reacted minimally to the mixed news from the …

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April 6 Market Close: GovCon Index and Markets Reverse Downward Trend, Closing Up

The Executive Mosaic GovCon Index reversed its six day downward trend to close up 0.436 percent to 90.300. There was positive movement in GovCon stocks as advancers outpaced decliners by 6 to 1. The major indices all closed slightly higher as energy stocks rose with crude oil prices and retailers are up …

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