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Tag Archives: Boeing

Boeing Gets $2.8B Air Force Contract Modification for Lot 1 & 2 Tankers

Boeing (NYSE: BA) has been awarded a potential two-year, $2.81 billion contract modification to deliver a total of 19 KC-46A Pegasus low-rate initial production aircraft to the U.S. Air Force. The service branch made the award for the first two LRIP lots after the aircraft received Milestone C approval from the Defense …

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August 16 Market Close: GovCon Index Down, Lockheed in Steep Red & Leidos Up After Deal’s Closure

Executive Mosaic’s GovCon Index dropped at least one full net point Tuesday for the first time since June 24 on a sharp drop in Lockheed Martin (NYSE: LMT) shares upon the defense contractor’s completion of the spinoff and subsequent merger of its government and technical services business into Leidos Holdings (NYSE: LDOS). Lockheed was the GCI’s …

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Boeing’s KC-46A Pegasus Tanker Receives Milestone C Approval

TYSONS CORNER, VA, Aug. 16, 2016 — Defense Department acquisition chief Frank Kendall has granted Milestone C approval to Boeing‘s (NYSE: BA) KC-46A Pegasus refueling tanker aircraft developed for the U.S. Air Force, ExecutiveBiz reported Monday. Boeing is due to receive two contracts worth a combined $2.8 billion from the Air Force within a 30-day …

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Boeing, Raytheon, Other US Companies to Gain From US-Israel Missile Defense Funding Agreement

TYSONS CORNER, VA, Aug. 15, 2016 — Boeing (NYSE: BA) and Raytheon (NYSE: RTN) could receive approximately $100 million each in U.S. missile defense funds for Israel through their respective work on the Arrow-2 and Arrow-3 programs with Israel Aerospace Industries and Iron Dome and David’s Sling programs with Rafael, ExecutiveBiz reported …

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IHS Jane’s: Boeing to Help Maintain Australian F/A-18F, EA-18G Aircraft Under $203M Contract

Boeing (NYSE:BA) has secured a five-year, $203 million contract from Australia to provide a range of sustainment services for the Australian air force’s F/A-18F Super Hornet and EA-18G Growler aircraft, IHS Jane’s reported Thursday. Jon Grevatt writes the Australian defense department said the contract covers engineering, supply chain management and maintenance services. Raytheon (NYSE:RTN), Northrop …

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State Dept OKs $231M NATO Precision Guided Munitions Sale

The State Department has approved NATO’s request to buy precision guided munitions and related support services from the U.S. for use in regional threat deterrence operations under a potential $231 million foreign military sales agreement. Boeing (NYSE: BA) and Raytheon (NYSE: RTN) will be the primary contractors on the deal, the Defense …

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August 11 Market Close: GovCon Index Swings Positive on Orbital ATK Rebound & Lockheed Rise

Executive Mosaic’s GovCon Index staged a rally Thursday to barely miss a new record close as Orbital ATK (NYSE: OA) regained some ground from a record plunge in the previous session and Lockheed Martin (NYSE: LMT) rose to a new 52-week high in intraday trade. The Index closed 0.179 points shy of the …

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6 Firms Awarded NASA Deep-Space Habitat Concept Devt Contracts

NASA has awarded six companies separate contracts worth up to $65 million combined to help the agency research concepts and develop ground prototypes for deep space habitats. Boeing (NYSE: BA), Lockheed Martin (NYSE:LMT), Orbital ATK (NYSE:OA),  Sierra Nevada, Bigelow Aerospace and NanoRacks were chosen through the Next Space Technologies for Exploration Partnerships-2 initiative, the agency said Wednesday. The six companies will …

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Boeing Lands Navy Modification Award for P-8A Increment 3 Block 2 Reviews

TYSONS CORNER, VA, Aug. 9, 2016 — Boeing (NYSE: BA) will conduct preliminary and critical design reviews on the Increment 3 Block 2 update of the P-8A Poseidon aircraft under a $60.8 million delivery order modification from the U.S. Navy, ExecutiveBiz reported Monday. The Defense Department said Friday the modification works to drive the …

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August 8 Market Close: GovCon Index Dragged by Northrop & Other Defense Prime Losses

The GovCon Index stumbled Monday and failed to carry over momentum from Friday’s strong July jobs report as declines by major defense primes weighed on the GCI and losses by healthcare shares dragged down U.S. stocks. GovCon Index laggers outnumbered gainers by a 2-to-1 ratio and four of its 11 S&P 500-listed stocks posted gains with Northrop Grumman (NYSE: …

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