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Tag Archives: Boeing

Iridium, Boeing Restructure Satellite Operations, Maintenance Partnership; Matt Desch Comments

TYSONS CORNER, VA, Dec. 1, 2016 — Iridium Communications (Nasdaq: IRDM) is set to hire the majority of the Boeing (NYSE: BA) team that provides operations and maintenance services for the former’s satellites as part of a relationship restructure between the two companies, ExecutiveBiz reported Wednesday. The firms will also signed a …

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Boeing Gets $558M Air Force Contract Modification for F-15 Radar Upgrades

Boeing (NYSE: BA) has received a $558.5 million contract modification to support the U.S. Air Force‘s F-15 radar improvement and modernization programs. The Defense Department said Wednesday work under the modification will run through Jan. 15, 2019 and covers procurement, installation and spares production for 42 combined APG-63 Version 3 and APG-82 Version 1 radars. The …

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November 29 Market Close: GovCon Index Briefly Touches, Closes Short of 90 Points

Executive Mosaic’s GovCon Index ended at an all-time record close for a fourth session over the last five Tuesday and briefly touched the 90-point barrier for the first time in its two-year history during afternoon trade to resume its post-election rally with defense stocks in particular strong performers. The U.S. equity benchmark S&P 500 also climbed …

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Norway Eyes $1.2B Boeing Poseidon Maritime Plane Buy

Norway’s defense ministry looks to purchase five Boeing-developed (NYSE: BA) maritime patrol aircraft worth approximately $1.15 billion for the country’s armed forces. The ministry said Friday it plans to acquire the P-8A Poseidon for efforts to monitor the country’s oceans and offer allied civil and military authorities with a basis for decisions with …

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Weekly Roundup November 21 – November 23, 2016: L-3 Squeezes Buy in Before Rate Hike

November 21 – November 23, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Interest rates are all but certain to go up in December and one large defense contractor has seemingly gotten ahead of the game to make one more big buy …

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Reports: Canada Eyes Interim Purchase of 18 Boeing-Built Super Hornets

Canada plans to buy 18 Boeing-built (NYSE: BA) F/A-18E/F Super Hornet aircraft from the U.S. government on a temporary basis for an undisclosed amount in an effort to support the country’s existing fleet of CF-18 fighter jets, National Post reported Tuesday. David Pugliese writes Canada’s liberal government announced the plan as it works to …

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November 22 Market Close: GovCon Index, S&P 500 Notch Record Closes to Extend Post-Election Rally

Executive Mosaic’s GovCon Index set a new closing record Tuesday with a 1-percent gain paced by defense prime and government services stocks as the U.S. bellwether S&P 500 also ended at an all-time high in spite of healthcare stock declines. GovCon Index advancers outnumbered decliners at a 4-to-1 ratio and nine of its 11 …

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Leidos’ Roger Krone Joins Board of Governors at Aerospace Industries Association

TYSONS CORNER, VA, Nov. 22, 2016 —  Aerospace Industries Association has elected Roger Krone, Leidos (NYSE: LDOS) chairman and CEO, to its executive board of governors for 2017, GovCon Executive reported Friday. Krone will join Boeing (NYSE: BA) CEO Dennis Muilenburg and Raytheon (NYSE: RTN) CEO Thomas Kennedy, who will respectively serve as …

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Boeing Appoints Stanley Deal New CEO of Commercial-Defense Global Services Org

Stanley Deal, a 30-year aerospace industry veteran and a senior vice president at Boeing (NYSE: BA), has been named president and CEO of a newly-established global services business unit that brings together functions from the Chicago-based company’s commercial and defense segments. He will directly report to CEO Dennis Muilenburg as a …

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November 18 Market Close: GovCon Index Narrowly Green to Close 2nd Straight Weekly Gain

Executive Mosaic’s GovCon Index posted a small gain Friday to register its second consecutive weekly gain on continued positive sentiment among investors toward defense stocks compared to other sectors. U.S. stocks traded lower Friday on healthcare sector declines to continue the slowdown in markets from the post-election rally but the S&P 500 …

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