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Tag Archives: Boeing

Boeing Gets $3.3B FMS Contract Modification to Build Apache Helicopters, Crew Trainers for Saudi Arabia

The U.S. Army has awarded Boeing (NYSE: BA) a five-year, $3.28 billion contract modification to produce lots 7 to 11 of AH-64E Apache attack helicopters for Saudi Arabia as part of a foreign military sales deal. The Defense Department said Wednesday the company will also provide remanufactured and new build AH-64Es and Longbow crew trainers; peculiar …

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March 15 Market Close: GovCon Index Up, as Markets React Positively to the Federal Reserve Rate Increase

Executive Mosaic’s GovCon Index closed up on the day as markets responded positively to the Federal Reserve raising the benchmark lending rate. Not to anybody’s surprise the Federal Reserve raised rates by one quarter point to 1.0 percent, while also giving a strong indication for two additional rate increases later in …

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USRA to Support NASA’s Airborne Astronomical Observatory Under Potential $514M Contract

Universities Space Research Association has secured a potential 18-year, $514 million hybrid contract from NASA to provide science and mission operations support for the space agency’s airborne astronomical observatory. NASA said Saturday the Stratospheric Observatory for Infrared Astronomy program support contract has a 60-day phase-in period, five base years, six two-year options and an additional one-year …

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March 13 Morning Report: Positive February Jobs Data Move GovCon Index and Markets Up

Executive Mosaic’s GovCon Index followed markets to close up Friday after the release of strong February employment figures. The Labor Department’s monthly report showed employers added an above-forecast 235,000 positions in February, with the jobless rate dropping to 4.7 percent. Other strong indicators from the February report were a pickup in …

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March 10 Market Close: GovCon Index Up, While Markets Respond to Strong Jobs Data

Executive Mosaic’s GovCon Index closed up as major markets rebounded on strong February employment results. The Labor Department’s monthly report showed employers added an above-forecast of 235,000 positions in February, led by construction jobs and employment in the goods-producing industries. Other strong indicators from the February report were a pickup in …

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March 7 Market Close: GovCon Index Up, US Stock Markets Down

Executive Mosaic’s GovCon Index reversed it’s four day losing streak to close up 0.000% to 93.000. Even with the US stocks posting it third lose in the past four days the GovCon Index was able to remain in the positive. GovCon Index advancers split evenly with decliners as seven of its …

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Boeing Secures Air Force Award for F-15 Interim Contractor Support to Saudi Arabia

TYSONS CORNER, VA, March 7, 2017 — Boeing (NYSE: BA) will provide interim contractor support for Saudi Arabia’s F-15 fleet under a $46.4 million contract modification from the U.S. Air Force, ExecutiveBiz reported Monday. The Defense Department said Friday the award definitizes a foreign military sales requirement for support on the F-15SA aircraft at …

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Boeing Unveils MH-139 Helicopter as Entry for Air Force’s Huey Replacement Effort

TYSONS CORNER, VA, March 6, 2017 — Boeing (NYSE: BA) will offer the MH-139 helicopter in its bid on the U.S. Air Force program to replace the current fleet of UH-1N Huey helicopters, ExecutiveBiz reported Friday. The company said Thursday the Huey replacement program provides an opportunity to supply 84 new helicopters to the Air Force. …

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NASA Selects ULA-Built Atlas V Rocket to Launch JPSS-2 in 2021

United Launch Alliance, a joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), has won a contract to help NASA launch a polar-orbiting environmental weather satellite for the National Oceanic and Atmospheric Administration. NASA said Saturday the Joint Polar Satellite System-2 will launch aboard a ULA-built Atlas V 401 rocket from Vandenberg Air Force Base in California sometime in …

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Australian Fleet of Boeing-Built Growlers to Get Funds for New Jammer, Radar

TYSONS CORNER, VA, March 2, 2017 — Australia’s fleet of Boeing-built (NYSE: BA) EA-18G Growler aircraft will potentially receive new radio jammers and radar systems through the country’s planned $191.6 million investment on the technology, ExecutiveBiz reported Wednesday. The Australian defense department said Wednesday Marise Payne, the defense minister, made the comments as the country marked …

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