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Tag Archives: Boeing

Lockheed CEO Marillyn Hewson Offers Trump ‘Personal Commitment’ to Reduce F-35 Cost

Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson has said she assured President-elect Donald Trump that the company will work to reduce the cost of the F-35 fighter aircraft, CNN reported Friday. Danielle Wiener-Bronner writes Hewson made the remarks in a Twitter post Friday a day after Trump asked Boeing (NYSE: BA) to quote …

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Boeing Receives $143M DLA Award for Aircraft Consumable Items for US, Foreign Clients

Boeing (NYSE: BA) has received a $143.4 million contract modification from the Defense Logistics Agency to supply consumable items for various aircraft in support of the U.S. Army, Navy, Air Force and foreign military sales customers. The Defense Department said Thursday the performance-based award is a modification to a previously awarded contract with …

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Boeing CEO Dennis Mullenburg: Company to Build Presidential Airplanes within a $4B Budget

TYSONS CORNER, VA, Dec. 23, 2016 — Dennis Mullenburg, Boeing (NYSE: BA) chairman, president and CEO, has stated that the company will work with the incoming administration in an effort to build two presidential airplanes within a $4 billion budget, ExecutiveBiz reported Thursday. The Hill newspaper reported Wednesday Mullenburg discussed …

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Trump Asks Boeing for Super Hornet Competing Price Following Comments on F-35 Cost

President-elect Donald Trump has asked Boeing (NYSE: BA) to quote a competing price for its F-18 Super Hornet fighter aircraft citing cost overruns in the Lockheed Martin-built (NYSE: LMT) F-35 jet, Bloomberg reported Thursday. Anthony Capaccio and Alex Wayne write Trump made the announcement in a Twitter post Thursday a day after he …

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Roundup of 2016: The Year in Deals, Industry Landscape Changes & more

Our Roundup of 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Calendar year 2016 in the government contracting sector seemed to constantly give us a changing landscape to evaluate and try to forecast the short- and long-term effects of each significant development. …

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State Dept OKs $1.75B Sale of P-8A Patrol Aircraft, Support to Norway

The State Department has approved Norway’s request to buy Boeing-built (NYSE: BA) P-8A patrol aircraft and associated support under a $1.75 billion foreign military sales agreement  with the U.S. government. Norway asked to purchase up to five P-8A aircraft with commercial engines, tactical open mission software, electro-optical and infrared MX-20HD, AN/AAQ-2(V)1 acoustic …

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December 21 Market Close: GovCon Index Pulls Back As The Dollar and Oil Slip

Executive Mosaic’s GovCon Index declined Wednesday in spite of the strong performance by Navistar International (NYSE: NAV). Navistar closed up 5.79 percent to $31.80 on trading volume of over 1.2 million shares. Navistar International (NYSE: NAV) ended first for GCI performers after company executives told investors in the fourth quarter earnings call the …

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December 19 Market Close: GovCon Index Higher on Lockheed & Prime Gains, US Stocks Up With Caution on Global Turmoil

Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 ratio and …

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Weekly Roundup December 12 – December 16, 2016: Impending Moves for Boeing Defense, Mark Sopp & more

December 12 – December 16, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week reminded us that change is always a constant in the government contracting arena as we learned of an impending relocation by a large defense contractor and the …

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Honeywell Subsidiary Lands Potential $2.6B Sandia Labs Mgmt Contract

The National Nuclear Security Administration has selected a subsidiary of Honeywell International (NYSE: HON) for the potential 10-year, $2.6 billion contract to help operate and manage Sandia National Laboratories sites located across four states. NNSA said Friday National Technology and Engineering Solutions of Sandia will lead a team comprising Northrop Grumman (NYSE: NOC) …

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