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Tag Archives: Boeing

February 21 Morning Report: GovCon Index Posts 5th Straight Record Close

Executive Mosaic’s GovCon Index ended the week with a five-day advance of 2.72 percent and extended its current stretch of positive movement to three trading weeks. Huntington Ingalls Industries (NYSE: HII) was the top net performer among S&P 500 companies in the GCI while Boeing (NYSE: BA) was one of the best gainers listed in both indices. Stocks of Boeing, HII, …

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February 17 Market Close: GovCon Index Sets 5th Straight Record Close on Boeing & Huntington Ingalls Lifts

Executive Mosaic’s GovCon Index crawled to a fifth straight record close Friday to extend its current stretch of weekly gains to three and record a five-day advance of 2.72 percent . The U.S. stock benchmark S&P 500 also inched to a record close for a weekly gain of more than 1 percent despite investor …

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February 16 Market Close: GovCon Index Moves Green on Huntington Ingalls 4Q Beat, US Stocks Pause Rally

Executive Mosaic’s GovCon Index closed at a new all-time high for a fourth consecutive session on strong fourth quarter earnings from Huntington Ingalls Industries (NYSE: HII) as the U.S. benchmark S&P 500 retreated Thursday after a five-day stretch of record closes. Both the GCI and U.S. equities had set continued record highs during those streaks on …

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Navy Awards Boeing $69M Task Order for P-8A System Upgrade Work

Boeing (NYSE: BA) has received a potential five-year, $68.7 million task order to research, develop, integrate and test Increment 3 Block 2 updates of the U.S. Navy‘s P-8A Poseidon maritime patrol aircraft. The company will help the service branch update and sustain P-8A acoustics system, subsystems and software as well as provide technical …

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February 13 Market Close: GovCon Index Rises on Blue Chip Gains With Trump Tax Cuts in Focus

Executive Mosaic’s GovCon Index rose Monday in tandem with major U.S. equity indices that set new record highs as investors continued to bet President Donald Trump’s plans for lower corporate taxes and regulations can boost economic growth. GovCon Index advancers outnumbered decliners by an 8-to-1 ratio as 10 of its 11 S&P …

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February 10 Market Close: GovCon Index Breaks 90 After 2 Months Below Mark, Ends Week Higher

Executive Mosaic’s GovCon Index closed above the 90-point barrier for the first time in two months Friday to end the week higher as all three major U.S. stock indices closed at record highs for a second consecutive session on extended investor anticipation over President Donald Trump’s tax announcement within the next …

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Boeing to Set Up India-Based Defense Business

TYSONS CORNER, VA, Feb. 10, 2017 — Boeing (NYSE: BA) will soon establish a satellite office for its defense business in India as the company seeks to expand its operations in the country, ExecutiveBiz reported Thursday. The Economic Times reported Wednesday Boeing Defense India will be under the leadership of Pratyush Kumar, who …

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Australia’s Lockheed-Built F-35As, Boeing-Built EA-18G Growler to Debut at Airshow in March

TYSONS CORNER, VA, Feb. 9, 2017 — The Australian defense ministry will debut the country’s new Lockheed Martin-built (NYSE: LMT) F-35A fighter jets and a Boeing-built (NYSE: BA) EA-18G Growler electronic warfare aircraft at the Australian International Airshow on March 3, Executive Gov reported Wednesday. Australian Defense Minister Christopher Payne said in a statement …

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February 8 Market Close: GovCon Index Lower on Services Stock Declines, US Stocks in Narrow Range

Executive Mosaic’s GovCon Index traded lower Wednesday on declines by services-oriented contractors as U.S. stocks traded in narrow range with financial shares the main laggards and crude oil prices again a focal point of investor attention. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio as three of its 11 S&P 500 …

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Boeing to Supply F-15SA Radar Under Air Force FMS Deal With Saudi Arabia

TYSONS CORNER, VA, Feb. 8, 2017 — The U.S. Air Force has awarded Boeing (NYSE: BA) an $18.3 million contract modification to provide AN/APG-63(V) radars for the F-15SA aircraft of Saudi Arabia’s air force, ExecutiveBiz reported Tuesday. The Defense Department said Monday the company will perform work under the foreign military sales deal …

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