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Tag Archives: Boeing

Boeing Opens Training Facility for Poseidon Crew at NAS Whidbey Island

TYSONS CORNER, VA, Oct. 25, 2016 — Boeing (NYSE: BA) has unveiled a new training center for pilots and mission crew of the P-8A Poseidon maritime aircraft at Naval Air Station Whidbey Island in Washington, ExecutiveBiz reported Monday. The company said Friday the facility will work to prepare personnel for the delivery of the Poseidon …

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Lockheed Boosts Intl Sales Goal to 30% on F-35, Missile Defense Prospects

Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions …

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Boeing to Provide Navy More F/A-18 Spare Parts Under $197M Delivery Order

The Defense Logistics Agency has awarded Boeing (NYSE: BA) a $196.7 million delivery order to supply the U.S. Navy with additional F/A-18 Hornet spare parts. The Defense Department said Monday it expects Boeing to fulfill the order by Dec. 30, 2019 and the purchase will be financed with the Navy’s working capital funds …

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October 24 Market Close: GovCon Index Lifts on Defense Prime Gains, Rockwell Collins Tumbles on Flat Guidance

Executive Mosaic’s GovCon Index held higher Monday with large prime contractors the top advancers to offset a large decline by Rockwell Collins (NYSE: COL) on flat revenue guidance for its current fiscal year as U.S. stocks advanced on deal activity and new earnings reports. GovCon Index gainers outnumbered laggers at a 5-to-1 …

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Weekly Roundup October 17 – October 21, 2016: 3Q Financial Season Not Just Earnings & more

October 17 – October 21, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Another third quarter earnings reporting season is now underway for many large blue chip companies including some in the government contracting arena but that is merely one of many …

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Boeing Gets 1st Aerojet Rocketdyne Delivery of Starliner Propulsion Hardware

TYSONS CORNER, VA, Oct. 20, 2016 — Boeing (NYSE: BA) has received the first set of propulsion system hardware for the CST-100 Starliner spacecraft from Aerojet Rocketdyne, ExecutiveBiz reported Wednesday. Aerojet Rocketdyne said Tuesday the delivery includes the low-pressure port and starboard manifold assemblies. The propulsion system will work to provide launch-abort function …

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Textron 3Q Earnings Miss, Revenue Up 2% on Biz Jet Deliveries

Textron (NYSE: TXT) reported third quarter earnings below Wall Street’s expectation Thursday on restructuring costs and lower commercial deliveries in its Bell Helicopter segment. GovCon Index-S&P 500 company Textron reported $0.61 earnings per share versus the $0.67 analyst consensus with third quarter EPS excluding a $0.76 benefit from settlements of Internal Revenue Service audits and the $0.27-after tax restructuring …

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Navy Adds Northrop to MQ-25 Carrier UAS Risk Reduction Program

Northrop Grumman (NYSE: NOC) has secured a potential one-year, $35.8 million contract from the U.S. Navy to implement risk reduction efforts for the future MQ-25 unmanned carrier aviation air system. The Defense Department said Wednesday the company will work to refine concepts and develop trade space ahead of the engineering and manufacturing development phase …

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October 19 Market Close: GovCon Index Returns to Narrow Range as Energy Gains Boost US Stocks

Executive Mosaic’s GovCon Index closed at a slight loss Wednesday to show a fourth session of tight movement over the last five on mixed activity in its large-cap members as U.S. stocks rode gains by energy producers on a 15-month high settlement in crude oil prices. GovCon Index laggers slightly edged gainers and six of its 11 …

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CAE Secures $76M in Training Contracts From Military, Industry; Gene Colabatistto Comments

TYSONS CORNER, VA, Oct. 19, 2016 — CAE (NYSE: CAE) has secured contracts worth $76.3 million combined from the U.S. Air Force and U.S. Navy as well as Boeing‘s (NYSE: BA) Insitu subsidiary and Rotorsim to provide aircrew training services, ExecutiveBiz reported Tuesday. The training services will cover operators and …

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