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Tag Archives: Boeing

Boeing to Set Up India-Based Defense Business

TYSONS CORNER, VA, Feb. 10, 2017 — Boeing (NYSE: BA) will soon establish a satellite office for its defense business in India as the company seeks to expand its operations in the country, ExecutiveBiz reported Thursday. The Economic Times reported Wednesday Boeing Defense India will be under the leadership of Pratyush Kumar, who …

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Australia’s Lockheed-Built F-35As, Boeing-Built EA-18G Growler to Debut at Airshow in March

TYSONS CORNER, VA, Feb. 9, 2017 — The Australian defense ministry will debut the country’s new Lockheed Martin-built (NYSE: LMT) F-35A fighter jets and a Boeing-built (NYSE: BA) EA-18G Growler electronic warfare aircraft at the Australian International Airshow on March 3, Executive Gov reported Wednesday. Australian Defense Minister Christopher Payne said in a statement …

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February 8 Market Close: GovCon Index Lower on Services Stock Declines, US Stocks in Narrow Range

Executive Mosaic’s GovCon Index traded lower Wednesday on declines by services-oriented contractors as U.S. stocks traded in narrow range with financial shares the main laggards and crude oil prices again a focal point of investor attention. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio as three of its 11 S&P 500 …

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Boeing to Supply F-15SA Radar Under Air Force FMS Deal With Saudi Arabia

TYSONS CORNER, VA, Feb. 8, 2017 — The U.S. Air Force has awarded Boeing (NYSE: BA) an $18.3 million contract modification to provide AN/APG-63(V) radars for the F-15SA aircraft of Saudi Arabia’s air force, ExecutiveBiz reported Tuesday. The Defense Department said Monday the company will perform work under the foreign military sales deal …

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February 7 Market Close: GovCon Index Higher on Boeing Lift, US Stocks End Positive Despite PM Dip

Executive Mosaic’s GovCon Index closed higher Tuesday with a strong performance by Boeing (NYSE: BA) the main contributor, while U.S. stocks ended slightly green despite an afternoon descent as investors eyed oil price declines. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as nine of its 11 S&P 500 components …

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February 6 Market Close: GovCon Index Inches Green on Aerospace Prime Boosts, US Stocks Lower

Executive Mosaic’s GovCon Index notched a small advance Monday on help from large aerospace-and-defense primes as U.S. stocks held lower without a major event as a driver of trading activity in equity markets. GovCon Index gainers and decliners split even at 15-each but eight of its 11 S&P 500 components gained with seven of …

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Boeing Extends Sustainment Support for Air Force GPS II Constellations

TYSONS CORNER, VA, Feb. 6, 2017 — The U.S. Air Force has tasked Boeing (NYSE: BA) to extend its sustainment support for the service branch’s on-orbit Global Positioning System II satellites for another five years, ExecutiveBiz reported Friday. The company said Thursday it will help sustain the GPS IIA and IIF satellites as it works …

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Stavatti Aerospace to Pitch Javelin Trainer for Air Force T-X Competition

Stavatti Aerospace has announced plans to offer its Javelin military jet trainer and very light fighter aircraft to the U.S. Air Force‘s $16.3 billion T-X trainer program. The company said Friday the Javelin platform, which was derived from the Aviation Technology Group-built Javelin Mk-30 civil jet sportplane, will be offered as a potential replacement for the service branch’s …

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February 2 Market Close: GovCon Index Held Green by CACI & Harris Earnings Beats, US Stocks Unchanged

Executive Mosaic’s GovCon Index closed higher Thursday on strong performances by CACI International (NYSE: CACI) and Harris Corp. (NYSE: HRS) after both contractors reported quarterly earnings above Wall Street’s expectations. U.S. stocks in contrast ended mostly flat as investors waited Friday’s job report and weighed President Donald Trump’s comments to lawmakers …

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Northrop-BAE Team Stops Air Force T-X Trainer Contract Pursuit

Northrop Grumman (NYSE: NOC) and BAE Systems have ended a joint pursuit of the U.S. Air Force’s T-X trainer aircraft program, Breaking Defense reported Wednesday. “The companies have decided not to submit a proposal for the T-X Trainer program, as it would not be in the best interest of the companies and their …

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