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Tag Archives: Boeing

State Dept to Clear Proposed $400M C-17 Logistics Support FMS Deal With UK

The State Department has moved to clear a proposed $400 million foreign military sale of logistics services and associated equipment in support of the U.K.’s Boeing-built (NYSE: BA) C-17 military transport aircraft. The Defense Security Cooperation Agency said Monday the U.K. government requested sustainment engineering, quality assurance, equipment repair, spares replenishment, maintenance, …

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State Dept OKs $510M in Missile, Apache Logistics Support Requests from Kuwait

The State Department has approved Kuwait’s request to buy advanced medium range air-to-air missiles and logistics support for Boeing-built (NYSE: BA) AH-64D Apache helicopters under a pair of foreign military sales agreements worth approximately $510 million combined. Kuwait requested to procure contractor logistics and sustainment support services for Apaches, as well as simulators, …

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January 23 Market Close: GovCon Index, US Stocks Fall on Trump Trade Pact Withdrawal Order

Executive Mosaic’s GovCon Index tumbled in conjunction with larger declines on Wall Street Monday as investors retreated from equities after President Donald Trump signed an executive order to withdraw from the 12-country Trans-Pacific Partnership trade agreement. GovCon Index decliners outnumbered gainers by a 4-to-1 ratio and two of its 11 S&P 500 …

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January 23 Morning Report: GovCon Index Posts Gain on Boost From McKesson, Rockwell Collins

Executive Mosaic’s GovCon Index registered a 0.263-point gain to 88.954 Friday as gainers outnumbered decliners 17 to 13. McKesson Corp. (NYSE: MCK) was the top net performer in the GCI while Rockwell Collins (NYSE: COL) was the top percentage gainer. Pharmaceutical services provider McKesson also led among stocks co-listed in the S&P 500, …

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January 20 Market Close: GovCon Index Inches Gain, US Stocks Pare Advances After Trump Inaugural Speech

Executive Mosaic’s GovCon Index held higher Friday to post a weekly advance on boosts from from blue chip stock McKesson Corp. (NYSE: MCK) and aerospace company Rockwell Collins (NYSE: COL) after a first quarter earnings. U.S. stocks sharply pared their gains after now President Donald Trump’s inaugural speech as uncertainty set in equity markets on uncertainty …

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Weekly Roundup January 16 – January 20 2017: Trump Transition Is Here, New Wash100 Next Week & more

Weekly Roundup January 16 – January 20 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson All eyes were on Washington today as Donald Trump took the oath of office on Capitol Hill to become the 45th President of the United States and officially …

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January 19 Market Close: GovCon Index Lifted by Platform Maker Gains Against Red Majority Ahead of Inauguration

Executive Mosaic’s GovCon Index closed higher Thursday as gains by large defense platform and product makers helped offset declines by a majority of the GCI’s 30 stocks with mid-tier prime contractors and government services providers in red. U.S. stocks traded lower by comparison with real estate the largest drag on equities in the …

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January 17 Market Close: GovCon Index Down on Shipbuilder Declines, Financials Drive S&P 500 Lower

Executive Mosaic’s GovCon Index tumbled Tuesday on declines from major military shipbuilders and defense technology makers as U.S. stocks traded lower with a 2.28-percent decline by financial shares the main contributor after a three-day weekend for equity markets. GovCon Index laggards outnumbered advancers by an 9-to-1 ratio and overall top performer McKesson Corp. (NYSE: MCK) was the …

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Boeing CEO Says Progress Made on ‘Simplifying Requirements’ for Air Force One After Trump Meeting

Boeing (NYSE: BA) CEO Dennis Muilenburg told reporters Tuesday after his hour-long meeting with President-elect Donald Trump that the company has moved forward on efforts in “simplifying requirements” for the future Air Force One replacement airplane with combat jets also a topic of discussion there. Trump first criticized the presidential aircraft program on …

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Boeing-Bell JV Lands $139M Contract Modification for Japan MV-22 Aircraft Engineering Services

A joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell Helicopter  subsidiary has secured a $138.6 million delivery order modification for non-recurring engineering services to support the integration of Japan’s configuration into the MV-22B Block C aircraft and MV-22 containerized flight training device. Bell-Boeing Joint Project Office will also support the development, qualification test, …

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