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Tag Archives: Boeing

Boeing Awarded $488M to Remanufacture Apache Helicopters for UK Army

Boeing (NYSE: BA) has received a $488.1 million contract modification from the U.S. Army to remanufacture 38 helicopters for the U.K. army and acquire three crew trainers along with associated spares as part of a foreign military sales agreement. The Defense Department said Thursday the modification covers remanufacturing of 38 AH-64 Apache …

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May 11 Market Close: GovCon Index Down, Rumors of a Possible Textron Acquisition

The Executive Mosaic GovCon Index posted minor losses to close down 0.011 percent to 93.282 with advancers and decliners split evenly. Textron topped of the GovCon Index board gaining 3.60 per cent on rumors of a possible acquisition by Lockheed Martin hit the streets. U.S. major markets closed down as the Bloomberg Consumer …

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May 8 Market Close: GovCon Index Down and Markets Up

The Executive Mosaic GovCon Index closed down 0.318 percent to 93.368, as decliners outpaced advancers 2 to 1. The major markets closed unchanged with centrist Emmanuel Macron winning the French presidential election on Sunday. Saudi Arabia and Russia indicated they may extend production cuts into 2018 which drove WTI was up $0.21 …

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L3 Business Unit Completes Maintenance Work on 1st Boeing-Built KC-10 Tanker

TYSONS CORNER, VA, May 8, 2017 — A business unit of L3 Technologies (NYSE: LLL) has delivered the first Boeing-built (NYSE: BA) KC-10 aerial refueling aircraft to the U.S. Air Force after completing maintenance work under a logistics support contract, ExecutiveBiz reported Friday. L3 said Thursday its Vertex Aerospace division will perform “C-checks” and other …

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Boeing Lands $89M Navy Contract Modification for F/A-18, EA-18G Maintenance, Sustainment Services

Boeing (NYSE: BA) has received an $89.2 million contract modification from the U.S. Navy to provide additional depot-level maintenance support and sustainment services for the service branch’s F/A-18 and EA-18G aircraft units. The Defense Department said Friday that the company will perform high flight hour and recurring inspections, additional modifications and liaison engineering …

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May 8 Morning Report: Friday Close – GovCon Index at 30 Day High and Major Markets Set New Records

The Executive Mosaic GovCon Index ended Friday at a 30 day high closing at 93.666 up 0.915 percent on the day as advancers outpaced decliners 5 to 1. ICF was at the top of the leader board with a 6.29 percent increase in share value driven by a robust first quarter earnings …

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BAE, Boeing Conclude Critical Design Review of F-15 Electronic Warfare Platform

TYSONS CORNER, VA, May 4, 2017 — BAE Systems and Boeing (NYSE: BA) have collaborated on the critical design review of an electronic warfare platform that the U.S. Air Force plans to integrate into its F-15 aircraft, ExecutiveBiz reported Wednesday. BAE said Monday Boeing’s review of the Eagle Passive/Active Warning Survivability System …

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Boeing Lands $143M Saudi Arabia AH-64E Helicopter Contract Modification

Boeing (NYSE: BA) has secured a five-year, $143.4 million contract modification from the U.S. Army to modify Saudi Arabia’s AH-64E Apache attack helicopters as part of a foreign military sales deal. The Defense Department said Wednesday that Boeing will implement a directed change for 24 Apaches of the Saudi Arabian national guard II and III. …

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May 2 Market Close: GovCon Index Up as Major Markets Close to Record Highs

The Executive Mosaic GovCon Index closed up 0.319 percent to 92.667 as the large platform companies lead the way. Advancers outpacing decliners 2 to 1. On an active day of earnings reports the S&P500 and DJIA flirted with reaching 52 week highs as the NASDAQ set another record. At market close WTI …

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