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Tag Archives: Boeing

Reports: Northrop Ends Navy Stingray Tanker Drone Contract Pursuit

Northrop Grumman (NYSE: NOC) has decided to drop the company’s pursuit of the U.S. Navy’s carrier-based unmanned aerial refueling tanker program, Defense News reported Wednesday. The contractor’s decision came two weeks after the service issued the final request for proposals for the MQ-25A Stingray program. “Winning is great… but if you can’t …

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October 25th Market Close: GovConIndex and Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) closed down for the third consecutive day to end at 109.566 off 0.129 percent with declining shares outpacing advancing 18 to 12. The three major indices all declined for the day as investors respond to less than positive earnings reports and uncertainty about the potential passing of the …

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October 24th Market Close: GovConIndex Closes Down and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued its second day of downward direction to close at 109.620 off 0.007 percent with advancing and declining shares evenly split. The three major indices all advanced for the day as the DJIA set new record highs. Investors responded positively to encouraging earnings reports. The S&P500 closed up …

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Boeing’s HorizonX Eyes Autonomous Tech for Ground, Aerial Vehicles Via New Investment

TYSONS CORNER, VA, Oct. 23, 2017 — Boeing (NYSE: BA) has moved to explore new autonomous technologies for aerial and ground vehicles through its investment in Carnegie Mellon University spinoff Near Earth Autonomy, ExecutiveBiz reported Friday. The investment by Boeing’s HorizonX ventures arm seeks to advance the development of autonomous …

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October 23rd Morning Report: GovCon Index Up and Stocks Post Sixth Straight Weekly Gain

The Executive Mosaic GovCon Index (GCI) was up 0.603 points from Monday’s opening value to post a weekly gain of 0.55 percent to end Friday’s trading at 109.782.  Friday saw advancing shares outpacing declining 5 to 1. The three major indices all closed Friday up reaching new highs and posting the sixth straight weekly …

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October 20th Market Close: GovConIndex Up and Major Indices Set New Record Highs

The Executive Mosaic GovCon Index (GCI) closed up for a second day to 109.782 up 0.833 percent. Advancing shares outpaced declining 5 to 1. The three major indices all closed up to set new record highs as the Trump administration draws closer to passing a new tax plan. The S&P500 closed up 0.51 …

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NASA Taps ULA for Potential $154M Landsat 9 Launch Services Contract

United Launch Alliance has secured a potential $153.8 million contract from NASA to provide launch support services for the Landsat 9 satellite. NASA said Friday it expects Landsat 9 to take off aboard the Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture’s Atlas V 401 rocket from Vandenberg …

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Boeing, Lockheed Secure Design Work on Navy’s Extra Large UUV Program

TYSONS CORNER, VA, Oct. 19, 2017 — Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are working to develop designs for an extra large unmanned undersea vehicle after the U.S. Navy awarded the companies two separate contracts for the program, ExecutiveBiz reported Wednesday. USNI News reported Tuesday the service branch has …

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October 18th Market Close: GovConIndex Closes Down While Major Indices Set New Highs

The Executive Mosaic GovCon Index (GCI) closed down for the third consecutive day to settle at 108.573 off 0.175 percent. Advancing shares outpaced declining 17 to 13. The three major indices all closed positive setting new record highs. The S&P500 closed up 0.07 percent to 2,561.26, while the DJIA topped the 23,000 mark …

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Aurora Flight Sciences Vet Mark Cherry Joins Boeing as Phantom Works VP; Leanne Caret Comments

Mark Cherry, president and chief operating officer at Manassas, Virginia-based autonomous systems maker Aurora Flight Sciences, has been appointed to succeed Darryl Davis as vice president of Boeing’s (NYSE: BA) Phantom Works technology arm. Davis, who served as head of Phantom Works for a decade, will transition into a program management …

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