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Tag Archives: Boeing

October 11 Market Close: GovCon Index Plummets 1%, Earnings & Inflation Worries Loom Over Markets

Executive Mosaic’s GovCon Index plunged 1 percent Tuesday to post its worst one-day performance in two months with all 30 companies in red at the close as U.S. financial markets entered sell-off mode on investor worries over dim third quarter corporate earnings and the fast pace of inflation. Six of the GovCon Index’s …

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October 10 Market Close: GovCon Index Lifted on Boeing & Services Gains as US Stocks Ride Oil Bounce

Executive Mosaic’s GovCon Index returned above the 80-point barrier Monday on strong gains by Boeing (NYSE: BA) and services-oriented companies as energy shares led U.S. stocks higher in conjunction with a rise in crude oil prices. GovCon Index gainers outnumbered laggers at a 6-to-1 ratio but five of its 11 S&P 500 components …

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October 10 Morning Report: GovCon Index Posts Friday, Weekly Decline on September Jobs Data

Executive Mosaic’s GovCon Index registered a sharp 1.298-percent decline Friday to close at 79.859, going below 80 points for the first time since Sept. 21. Northrop Grumman (NYSE: NOC), McKesson Corp. (NYSE: MCK) and Harris Corp. (NYSE: HRS) are the GCI’s only S&P 500-listed stocks to close green Friday. The Index also posted …

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Weekly Roundup October 3 – October 7, 2016: L-3 Makes Buys, M&A Chatter Around Harris & more

October 3 – October 7, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The stalwart GovCon technology maker L-3 Communications extended its profile as an active player in the merger-and-acquisition scene this week and closed its first buys since a large business divestiture …

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Boeing Unveils Australia’s First P-8A Maritime Surveillance Aircraft

TYSONS CORNER, VA, Oct. 6, 2016 — Boeing (NYSE: BA) has rolled out the first of eight P-8A Poseidon maritime patrol aircraft for the Australian Royal Air Force during a ceremony at the company’s delivery hub in Washington state, ExecutiveBiz reported Wednesday. The inaugural aircraft is slated for delivery to an RAAF base in Australia in …

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October 5 Market Close: GovCon Index Gets Boeing, Services Stock Boosts as KBR Gets Upgrades After Selloff

Executive Mosaic’s GovCon Index traded higher Wednesday with Boeing (NYSE: BA) the largest contributor with services-oriented contractors also leaders of gains as U.S. stocks rose on investor confidence in a strengthening domestic economy after the release new data. GovCon Index advancers slightly edged laggers and seven of its 11 S&P 500 companies that include Boeing closed …

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General Atomics Awarded Navy MQ-25 Carrier Drone Risk Reduction Contract

General Atomics’ aeronautical systems business has received a potential one-year, $44 million contract to perform risk reduction efforts for the U.S. Navy’s MQ-25 unmanned carrier aerial system program. The contractor will develop trade space and refine concepts in support of requirements generation prior to the program’s engineering and manufacturing development phase, …

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BAE, Boeing Receive Trident II Missile Support Contracts From Navy

The U.S. Navy has awarded a pair of sole-source contracts to a BAE Systems subsidiary and Boeing (NYSE: BA) for support work on the military branch’s Trident II D5 fleet ballistic missile system. BAE Technology Solutions and Services will provide systems engineering and integration services for the Trident FBM under a contract …

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Boeing Starliner Crew Training System Deploys at NASA Johnson Center

TYSONS CORNER, VA, Oct. 3, 2016 —  Boeing (NYSE: BA) has installed simulation equipment to support training for manned CST-100 Starliner spacecraft missions at NASA‘s Johnson Space Center in Texas, ExecutiveBiz reported Friday. The company designed its Crew Part Task Trainers to help astronauts rehearse various mission aspects onboard the CST-100 crew module in a simulated …

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ULA Gets $861M Contract Modification to Continue Support for Air Force EELV Missions

United Launch Alliance has received an $860.8 million contract modification to help the  U.S. Air Force carry out Evolved Expendable Launch Vehicle missions in fiscal year 2017. The Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture will continue to provide Delta IV and Atlas V rockets as well as perform systems engineering, integration,   …

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