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Tag Archives: Boeing

4 Firms Land Spots on $1.73B Navy Drone ISR Services IDIQ

The U.S. Navy has awarded four companies positions on a potential five-year, $1.73 billion contract to provide intelligence, surveillance and reconnaissance support services for land and maritime-based unmanned aerial systems. The Naval Air Systems Command received four offers for the indefinite-delivery/indefinite-quantity contract that covers drone ISR non-developmental equipment, spares, trained personnel, installation, …

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Jenette Ramos Succeeds Pat Shanahan as Boeing Supply & Operations SVP

Jenette Ramos, formerly vice president and general manager of fabrication at Boeing’s (NYSE: BA) commercial airplanes business, has been named senior VP for supply and operations of the aerospace and defense contractor. The 29-year company veteran succeeds Pat Shanahan, who was nominated in March by the Trump administration for the deputy …

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June 8 Market Close: GovCon Index and Major Indices Marginally Up

The Executive Mosaic GovCon Index closed up for the second consecutive day to 95.373, up 0.878 percent. Advancers outpaced decliners at a ratio of 9 to 1. After a low volume roller coaster trading day the major indices showed marginal movement with all three markets closing up. Investors showed no reaction to …

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Boeing to Supply 7 Deployable Poseidon Trainers to Navy

TYSONS CORNER, VA, June 8, 2017 — Boeing (NYSE: BA) will deliver portable trainers for P-8A Poseidon aircrew and operators so that the U.S. Navy can train relevant personnel while deployed overseas, ExecutiveBiz reported Wednesday. The company said Tuesday the Navy awarded a contract for seven Deployable Mission Readiness Trainers that feature the sonobuoy …

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USSOCOM Awards $475M UAS ISR Contract Spots to Boeing, Textron Subsidiaries

Subsidiaries of Boeing (NYSE: BA) and Textron (NYSE: TXT) have landed spots under a potential five-year, $475 million contract that covers mid-endurance unmanned aircraft system intelligence, surveillance and reconnaissance services to the U.S. Special Operations Command. The Defense Department said Wednesday that Boeing’s Insitu business and Textron’s AAI Corp. subsidiary will vie for task orders under the multiple-award, indefinite-delivery/indefinite-quantity …

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Boeing Taps German Company to Manufacture Parts of Chinook Tunnel Cover

TYSONS CORNER, VA, June 5, 2017 — Boeing (NYSE: BA) has awarded a five-year contract to Germany-based COTESA for the supply of various components for a section of the H-47 Chinook heavy-lift helicopter, ExecutiveBiz reported Friday. The aerospace and defense company said Thursday COTESA will provide composite parts of the tunnel cover …

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June 5 Morning Report: Friday Close – GovCon Index, Other Indices Post Positive Weekly Performance

The Executive Mosaic GovCon Index closed Friday up 0.727 or 0.759 on the week, reaching a new two-month high. The three major U.S. indices were up on the day. All three indices reached new record highs with strong weekly performances, with the S&P500 closed up 28.51 or 1.18 percent, the DJIA up …

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June 2 Market Close: GovCon Index Up as S&P 500, DJIA, and NASDAQ Reach New Highs Again

The Executive Mosaic GovCon Index closed up for the third day reaching a new two month high of 96.455 up 0.397 percent. All the U.S. indices were up on the day. The S&P500, DJIA, and NASDAQ again reached new record highs of 2,439.07, 21,206.29, and 6,305.80 respectively. Even thought the May jobless …

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Harris to Supply Sonobuoy Launchers for Boeing-Built Navy Poseidon Aircraft

TYSONS CORNER, VA, June 2, 2017 — Boeing (NYSE: BA) has awarded multiple contracts to Harris (NYSE: HRS) in the third quarter of fiscal 2017 for the supply of sonobuoy launchers for 49 U.S. Navy P-8A Poseidon maritime patrol aircraft, ExecutiveBiz reported Thursday. Harris said Wednesday it will provide single-shot and rotary launchers …

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