Tag Archives: C-17

Boeing & Northrop Boost 2016 Outlooks as General Dynamics Posts 3Q Earnings Beat

Three of the world’s largest government contractors listed in both Executive Mosaic’s GovCon Index and the U.S. stock bellwether S&P 500 composite index released third quarter financial results before markets opened Wednesday. Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) all posted earnings per share figures …

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Boeing Cuts Earnings Outlook on 2Q Loss as GD & Northrop Lift Forecasts on Beats, Booz Allen & CGI Top Street Estimates

Five government contractors listed in Executive Mosaic’s GovCon Index reported their latest quarterly financial results before U.S. markets opened Wednesday and all earnings per share figures fell above the consensus Wall Street forecast. Boeing (NYSE: BA) swung to a net loss for its second quarter and lowered its earnings forecast on …

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State Dept OKs $225M UAE Request for C-17 IR Countermeasures, Logistics Services

The State Department has cleared a potential $225 million foreign military sale of Large Aircraft Infrared Countermeasure systems and logistics support for the United Arab Emirates’ C-17 military transport planes. Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) will act as principal contractors for the sale,  the Defense Security Cooperation Agency said Wednesday. The deal covers eight Globemaster III AN/AAQ-24 …

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CAE to Provide Integrated Aeromedical Training System to Air Force; Ray Duquette Comments

TYSONS CORNER, VA, November 30, 2015 — CAE (NYSE: CAE) will provide a fuselage training platform for the U.S. Air Force‘s aeromedical evacuation crews on the KC-135 and C-17 aircraft under a subcontract from ADS Inc., ExecutiveBiz reported Tuesday. The Aeromedical Evacuation Training System will feature a motion system that replicates flight conditions …

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Boeing Wins $895M for C-17 Hardware, Software Upgrades

Boeing (NYSE: BA) has won an $895 million U.S. Air Force contract to update hardware and software on the C-17 Globemaster military transport aircraft, the Dayton Business Journal reports. Joe Cogliano writes that Boeing has won four of the 10 top contracts issued out of Ohio-based Wright-Patterson Air Force Base …

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Boeing Wins $2B C-17 Logistics Follow-On

Boeing (NYSE: BA) has won a $2 billion contract from the Defense Department to continue performing sustainment and logistics-related work for C-17 aircraft worldwide, the company announced Thursday. This follow-on performance-based logistics contract award covers fiscal years 2013 through 2017. The C-17 Globemaster III Integrated Sustainment Program covers support services …

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Boeing Wins $500M Contract for C-17 Post Production Transition

Boeing Co. (NYSE: BA) has won a $500 million U.S. Air Force contract to support C-17 transition to post production, the Defense Department announced Friday. Under the firm-fixed-price, cost-plus-fixed-fee contract, the company will provide for the transfer of C-17 aircraft production assets. Work will take place in Long Beach, Calif., and …

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Boeing Wins $341M For Two AF C-17s

Boeing (NYSE: BA) has won two contracts worth $341, 224, 864 combined to provide the U.S. Air Force with two C-17 planes, the Defense Department announced Tuesday. Under a $171, 469, 781 contract, the company will deliver one new plane by Nov. 21, 2012. A separate contract, worth $169, 755, …

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Boeing Hoping for Foreign C-17 Sales

Boeing Co. (NYSE: BA) will slow C-17 aircraft production from 15 to 10 units per year due to decreased demand, the Wall Street Journal reports. The Globemaster was developed in the 1980s and has a payload of 169, 000 pounds. The military used the airlifter in Iraq and Afghanistan and …

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Boeing Wins $1.8B Air Force C-17 Contract

Boeing (NYSE: BA) has won a $1, 781, 413, 723 U.S. Air Force contract modification to provide 10 C-17 aircraft, the Pentagon announced Thursday. The Indian air force will receive the aircraft under a foreign military sales agreement. Work will be performed in Long Beach, Calif. and is expected to …

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