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Tag Archives: Boeing

Boeing Secures $240M Contract for Saudi Air Force AWACS Tech Upgrades

Boeing (NYSE: BA) has received a potential $240.2 million contract from the U.S. Air Force to support the first phase of the Saudi Arabian air force’s airborne warning and control system modernization program. The Defense Department said Monday Boeing will modernize AWACS communications, mission computing and navigation systems as well as …

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State Dept Clears Kuwait’s $343M Follow-On Boeing C-17 Logistics Support Request

Kuwait has requested follow-on logistics support for the country’s C-17 military transport aircraft from the U.S. government through a potential $342.6 million foreign military sales transaction. The Defense Security Cooperation Agency said Friday the deal covers the provision of an additional three years of two C-17 support and equipment to the Kuwaiti air …

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Navy Seeks Proposals From 4 Companies for Future Carrier-Based Aerial Refueling Drone

TYSONS CORNER, VA, Oct. 13, 2017 — Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) are potential bidders on the U.S. Navy‘s procurement program for a carrier-based unmanned aerial refueling tanker, ExecutiveBiz reported Thursday. USNI News reported Tuesday the Navy sent a request for proposals …

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October 11th Market Close: GovConIndex Closes Down as Major Indices Set New Record Highs

The Executive Mosaic GovCon Index (GCI) reversed its positive direction to close down slightly 0.278 percent to 109.246 with declining shares outpacing advancing 18 to 12. As we begin Q3 earnings season the three major indices closed to the positive with all three reaching new highs. The S&P500 gained 0.18 percent to 2,555.24, while …

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October 10th Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) advanced to a new record, to close up 0.316 percent to 109.332 with advancing shares outpacing declining 3 to 1. The major markets all closed to the positive with the DJIA reaching a new high of 22,830.68 up 0.31 percent, while the S&P500 gained 0.23 percent to 2,550.643, and …

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Executive Mosaic’s Weekly GovCon Round-up: September’s Billion Dollar Contracts

Weekly Roundup October 2 – October 6 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Last month the GovCon community witnessed a number of highly valued contracts. September had eight contracts valued over a billion dollars awarded for a variety of …

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October 5th Market Close: GovConIndex and Major Indices Continue to Push to New Highs

The Executive Mosaic GovCon Index (GCI) continued its fifth consecutive day of record highs, up 0.32 percent to 109.157 with advancing shares outpacing declining 3 to 1. The markets furthered their positive trend with the S&P500 closing up 0.56 percent to 2,552.07, while the DJIA posted its seventh day of gains closing at 22,775.39 up 0.50 …

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Boeing Subsidiary Tests GIS-Equipped UAV for Firefighting

TYSONS CORNER, VA, Oct. 5, 2017 — Boeing‘s (NYSE: BA) Insitu subsidiary has partnered with Esri to demonstrate an unmanned aerial vehicle with a geographic information system for potential use during firefighting missions, ExecutiveBiz reported Wednesday. Insitu said Tuesday the team held test flights of the ScanEagle UAV at the Federal Aviation …

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Greg Hyslop: Boeing Makes Autonomous Tech Push Through Aurora Flight Sciences Buy

Boeing (NYSE: BA) has agreed to buy Aurora Flight Sciences for an undisclosed sum as part of efforts to accelerate the development of autonomous technology for aerospace vehicles. Chicago-based Boeing said Thursday it would integrate Aurora into the aerospace and defense contractor’s engineering, test and technology segment upon closing of the acquisition. Greg Hyslop, chief …

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Pratt & Whitney Lands Potential $2.7B Air Force Contract for F117 Engine Sustainment

United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has secured a potential five-year, $2.74 billion contract to help the U.S. Air Force sustain F117 engines. The Defense Department said Wednesday the sole-source contract includes foreign military sales to Australia, Canada, India, Kuwait, Qatar, United Arab Emirates, U.K. and the Strategic Airlift Capability consortium. F117 powers the …

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