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Tag Archives: Boeing

August 25th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued its upward direction to close up 0.247 percent to 99.871. Advancing shares outpaced declining 2 to 1. The major indices closed mixed with modest movement. The S&P500 moved ahead by 0.17 percent to 2,443.05, while DJIA gained 0.14 percent to  21,813.67, and the NASDAQ Composite closed down by …

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Terry DeRosa Promoted to IAP CEO; Robert Hargis Named COO

Terry DeRosa, formerly chief financial officer of IAP Worldwide Services, has been promoted to CEO at the Cape Canaveral, Florida-based government services contractor. IAP said Thursday DeRosa held the CFO role over the past three years and led the company’s expansion and stabilization efforts as part of a company-wide reorganization in 2014. …

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August 24th Market Close: GovConIndex Closes Up While Major Indices Close Down

In reverse of major US markets, The Executive Mosaic GovCon Index (GCI) closed up on the day to 99.847; a gain of 0.060 percent. Advancing and declining shares almost evenly split. The major indices closed down slightly for the second consecutive day. The S&P500 retreated by 0.21 percent to 2,438.97, while DJIA moved down by 0.13 …

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Boeing Secures $223M Army FMS Contract Funds for Saudi CH-47F Helicopter Production

Boeing (NYSE: BA) has received a $222.5 million contract modification from the U.S. Army to build and deliver eight CH-47F helicopters to Saudi Arabia’s land forces aviation command. The Army Contracting Command obligated the full modification amount at the time of award from fiscal 2017 foreign military sales funds, the Defense Department …

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August 22nd Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued on its upward direction to close at 100.305 up 1.202 percent. Advancing shares outpaced decliners 6 to 1. Navistar International, ManTech International, AECOM, and SAIC all closed up more than 2.0 percent on the day. The major indices all closed up on the speculation that the Trump administration may be gaining some traction on …

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Boeing, Northrop Win $678M in USAF Contracts for Ground-Based ICBM Tech Maturation Work

The U.S. Air Force has awarded a $349.1 million contract to Boeing (NYSE: BA) and a $328.6 million contract to Northrop Grumman (NYSE: NOC) to perform technology maturation and risk reduction work for the Ground-Based Strategic Deterrent intercontinentinal ballistic missile program. The Air Force Nuclear Weapons Center in Utah received three bids for …

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Navy Eyes Boeing, General Atomics, Lockheed, Northrop for Carrier-Based Drone Tanker Effort

TYSONS CORNER, VA, Aug. 21, 2017 — Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) are expected to submit proposals to the U.S. Navy for the development of an unmanned aerial refueling tanker that operates with an aircraft carrier, ExecutiveBiz reported Friday. USNI News reported …

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August 21th Morning Report: Friday Close – Markets End The Week in The Negative

The Executive Mosaic GovCon Index (GCI) closed down on Friday and ended the week off 2.45 percent from Monday’s open. The major indices closed Friday in the negative. The S&P500 ended at 2,425.55 off 1.46 percent for the week, while DJIA dropped 1.43 percent for the week to 21,674.51, and the NASDAQ …

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August 18th Market Close: GovCon Index and Major Indices All Close Down

The Executive Mosaic GovCon Index (GCI) closed down today, dropping by 0.508 percent to settle at 98.841. Declining shares outpaced advancers 5 to 1. The major indices closed down today with the S&P500 declining by 0.18 percent to 2,425.55, while DJIA dropped by 0.35 percent to 21,674.51, and the NASDAQ Composite fell by 0.09 percent …

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Executive Mosaic’s Weekly GovCon Round-up: The Biggest Contracts of the Week

Weekly Roundup August 14 – August 18 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed a number of significant contract awards, many of which focused on R&D, space, IT services and missile defense. Let’s take a quick …

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