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Tag Archives: Boeing

September 2 Market Close: GovCon Index Rides Post-Jobs Report Surge, Notches Weekly Gain

Executive Mosaic’s GovCon Index ended its three-day losing streak Friday after August’s jobs report missed economists expectations to register a weekly gain and investors bet against the possibility of a September interest rate hike. GovCon Index gainers outnumbered laggers by a roughly 9-to-1 ratio and S&P 500-listed Northrop Grumman (NYSE: NOC) was the top …

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Air Force to House Formal Training for Boeing-Built KC-46 at Altus AFB

TYSONS CORNER, VA, Sept. 2, 2016 — A new U.S. Air Force facility at Altus Air Force Base will house the service branch’s formal training activities on the Boeing-built (NYSE: BA) KC-46 Pegasus aerial refueling tanker aircraft, Executive Gov reported Thursday. The Air Force said Wednesday the Leverett Formal Training Center will serve to support aerial refueling …

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Reuters: Sales of Boeing F-15, F/A-18E/F Jets to Kuwait, Qatar Near US Approval

The U.S. government could approve this month a pair of foreign military sales agreements for Qatar and Kuwait to procure up to 76 Boeing-built (NYSE: BA) F-15 and F/A-18E/F Super Hornet jets worth an estimated $7 billion, Reuters reported Thursday. Tom Finn and Andrea Shalal write sources said the deals include the sale of 36 …

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Harris Unveils 2 Board Appointments Under Jana Partners Pact

Melbourne, Florida-based Harris Corp. (NYSE: HRS) has confirmed one appointment to the board of directors and the nomination of a second as part of the communications technology maker’s cooperation agreement with activist hedge fund Jana Partners. Barry Rosenstein’s Jana disclosed its position as one of Harris’ 10 largest shareholders in August and both agreed to two mutually-agreed …

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August 31 Market Close: GovCon Index Falls to End Red August, Lockheed & McKesson Pare GCI Decline

Executive Mosaic’s GovCon Index fell Wednesday to register a fifth decline over seven sessions in a stretch that puts the GCI in negative territory for August and ends its streak of monthly declines at six as U.S. market speculation over the next rate hike overshadows trading activity. Investors are looking at Friday’s labor report …

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ORNL-Built 3D-Printed Tool for Boeing Sets World Record

TYSONS CORNER, VA, Aug. 31, 2016 — The Energy Department‘s Oak Ridge National Laboratory has set a record for building the largest solid 3D-printed object with the trim-and-drill tool the lab built for Boeing (NYSE: BA) measured at 17.5 feet long, 5.5 feet wide and 1.5 feet tall, ExecutiveBiz reported Tuesday. ORNL said Monday it …

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August 30 Market Close: GovCon Index Drops, Lockheed & Primes Lead Losses on Low Volume Day

Executive Mosaic’s GovCon Index held negative in a light trading session for U.S. stocks Tuesday as defense primes led GCI losses ahead of the July jobs report scheduled for release before markets open Friday. Tuesday’s decline represents the GovCon Index’s fifth decline over six days in a stretch driven by extended losses …

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ULA Explores Reusable 2nd Stage for Rocket to Support In-Orbit Activities

TYSONS CORNER, VA, Aug. 30, 2016 — A Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture is working to develop a reusable second rocket stage that will remain in low Earth orbit to support potential activities in space, ExecutiveBiz reported Monday. Quartz reported Saturday Tory Bruno, CEO of the …

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Weekly Roundup August 22 – August 26 2016: JPMorgan Analyst Bullish on Defense & more

August 22 – August 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson An investment analyst at the U.S.’ biggest and world’s fifth largest bank endorsed the defense sector this week in a note to investors with a forecast that views continued “green” movement in …

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ULA to Provide Atlas V Launch Services for NASA’s Mars 2020 Rover

United Launch Alliance, a joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), will provide Atlas V 541 launch services to NASA for a follow-up rover mission to Mars. NASA said Friday it estimates that the Mars 2020 launch will cost $243 million, including spacecraft and planetary protection processing, rocket integration and tracking, data …

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