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Tag Archives: cae

April 12 Market Close:GovCon Index and Major Markets all Down for the Day

The Executive Mosaic GovCon Index followed major markets closing down 1.027 percent to 90.370; reversing its five days of gains. The GovCon Index advancing companies outpaced decliners 5 to 1. The major markets all moved negative as President Trump stated to the WSJ that the dollar is “getting too strong.” The US …

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CAE to Link KC-135 Simulators to Air Force’s Distributed Training Center Network

TYSONS CORNER, VA, April 10, 2017 — CAE (NYSE: CAE) has secured approval to link its KC-135 Stratotanker simulator to the U.S. Air Force‘s Distributed Training Center Network in efforts to support KC-135 aircrew training across multiple bases, ExecutiveBiz reported Friday. The Air Force said Thursday the CAE simulators will be available to facilitate …

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April 6 Market Close: GovCon Index and Markets Reverse Downward Trend, Closing Up

The Executive Mosaic GovCon Index reversed its six day downward trend to close up 0.436 percent to 90.300. There was positive movement in GovCon stocks as advancers outpaced decliners by 6 to 1. The major indices all closed slightly higher as energy stocks rose with crude oil prices and retailers are up …

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CAE to Provide Training, Support for NATO Airborne Warning Aircraft Crew

TYSONS CORNER, VA, April 3, 2017 — CAE (NYSE: CAE) has received a contract to provide NATO personnel in Germany training and support services on the E-3A Airborne Warning and Control System aircraft, ExecutiveBiz reported Friday. The company said Thursday it will supply aircrew instructors and mission simulator operators, continue maintenance and support …

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March 27 Market Close: GovCon Index, S&P500, and DJIA Reach New 30 Day Lows

Executive Mosaic’s GovCon Index reaches new 30 day low to close at 91.123 down 0.425 percent. The major U.S. markets closed mixed on the day with the S&P500 and DJIA reaching new 30 day lows and the NASDAQ closing up. Investors are still trying to figure the impact of Trump’s no …

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March 27 Morning Report: GovCon Index, Major Markets Close Down for the Week

Executive Mosaic’s GovCon Index closed to a weekly low of 91.512 off 3.2 percent from Monday’s open. GovCon Index closed Friday with decliners out-placing advancers 7 to 1 on the day. The major U.S. markets S&P500, DJIA, and NASDAQ all closed down on the week as the Trump administration could not get …

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March 24 Market Close: GovCon Index Down as Markets Mix on Canceled Healthcare Vote

Executive Mosaic’s GovCon Index closed to a monthly low of 91.512. The major U.S. markets close mixed with the S&P 500 and DJIA down slightly for the second straight day and the NASDAQ up. It appears that the GOP scraped the healthcare bill all together. The Trump administration could not reach …

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Reuters: Germany Eyes $966M Lockheed C-130J Aircraft Procurement

Germany looks to procure six C-130J Super Hercules airlifters worth approximately $966 million from Lockheed Martin (NYSE: LMT) as part of a joint operating agreement with France, Reuters reported Friday. Andrea Shalal writes Germany aims to send a formal request to the U.S. government in 2019 to buy C-130Js in support of European defense cooperation efforts. The report said France …

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CAE Unveils New Defense & Security Business Offices in Abu Dhabi

TYSONS CORNER, VA, March 16, 2017 — The defense and security business of CAE (NYSE: CAE) has moved to expand its operations in the United Arab Emirates with the addition of offices in Abu Dhabi, ExecutiveBiz reported Wednesday. The company said Monday the new location will house both CAE and CAE Maritime Middle East …

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