Greg Hayes, CEO of United Technologies Corp. (NYSE: UTX), has said UTC’s move to acquire Rockwell Collins (NYSE: COL) under an estimated $30 billion deal seeks to advance the development of digital platforms for the aviation sector, Reuters reported Tuesday. Hayes told Reuters the proposed acquisition also aims to facilitate the adoption of …
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TYSONS CORNER, VA, Sept. 5, 2017 — L3 Technologies (NYSE: LLL) has received a $69.3 million contract from the U.S. Army to provide hardware that will work to support the teaming of manned and unmanned aircraft systems, ExecutiveBiz reported Friday. The Defense Department said Thursday the award also calls for technical and …
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The Friday before Labor Day the Executive Mosaic GovCon Index (GCI) continued to climb for the fifth consecutive day to close up 0.588 percent to 102.099. ICF (NYSE; ICFI), topped the GCI with 7.18 percent gain on the day and 8.10 points or 18.7 percent on the week. The major indices all closed Friday with positive …
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Weekly Roundup August 28 – September 1 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week we saw a number of contracts awarded across a variety of fields such as medicine, cybersecurity, vehicle improvement and modernization, missiles and more. Let’s take a …
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The Executive Mosaic GovCon Index (GCI) continued to climb for the fifth consecutive day, up 0.486 percent to 102.196 at the mid day mark. ICF (NYSE; ICFI), was topping the GCI with 4.16 percent gain on the day and up 6.7 points or 15.4 percent on the week. Advancing shares outpaced declining 2 to …
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Boeing (NYSE: BA) has secured a $202 million contract modification to build 22 AH-64E Apache attack helicopters for the U.S. Army. The Defense Department said Thursday the company will perform work under the modification in Mesa, Arizona, through Dec. 31, 2021. The Army Contracting Command is the contracting activity and the service branch obligated …
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The Executive Mosaic GovCon Index (GCI) continued to climb for the fourth consecutive day, closing at 102.025 up 1.093 percent. ICF International topped the GCI delivering greater than 5.00 percent growth, while CACI, AECOM, Navistar, and ManTech all posted greater than 2.00 percent positive change on the day. Advancing shares outpaced declining …
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Boeing (NYSE: BA) has landed a $94.9 million contract modification to continue support for the U.S. Air Force‘s F-15 aircraft radar modernization effort. The Defense Department said Tuesday Boeing will deliver 13 RMP Group A kits, 13 RMP Group B kits, 38 RMP installs, 14 conformal fuel tank installs under the modification. Work is …
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The Executive Mosaic GovCon Index (GCI) continued its upward direction to end the day at 100.917, positive 0.932 percent. Navistar International, ICF, Raytheon, and Rockwell Collins all topped the GCI with greater than 2.00 percent positive change on the day. Advancing shares outpaced declining 5 to 1. The major indices all closed up. The …
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The Defense Logistics Agency has awarded Boeing (NYSE: BA) a potential 10-year, $323.5 million undefinitized delivery order to provide spare parts for the U.S. Navy‘s F/A-18 and F/A-18 A-F aircraft. The sole-source order contains a five-year base period that will run through Dec. 30, 2023, along with one five-year option, the Defense Department said Monday. …
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