Tag Archives: canada

Canada Sends Procurement Request for Interim Fleet of Boeing-Built F-18 Fighters

TYSONS CORNER, VA, March 17, 2017 — Boeing (NYSE: BA) could soon supply Canada with 18 F-18 Super Hornet aircraft if the U.S. government approves a request for the procurement of the jets as an interim Canadian fighter fleet, ExecutiveBiz reported Thursday. The government of Canada said Tuesday the requested F-18s will supplement its …

Read More »

Canada Awards $172M Oiler Ship Design & Production Engineering Contract to Seaspan Subsidiary

A Seaspan subsidiary has secured a potential $171.6 million contract to provide design and production engineering support for the Canadian navy’s future oiler ships. Seaspan’s Vancouver Shipyards business will develop the Joint Support Ship project’s ship build plan, required manufacturing content and three-dimensional product model, according to a press release published Tuesday on the …

Read More »

General Dynamics Subsidiary Nabs Potential $310M Contract Modification to Update Canada’s Light Armored Vehicle Fleet

General Dynamics‘ (NYSE: GD) Canada-based land systems subsidiary has secured a $309.8 million contract modification to update the country’s light armored vehicle fleet. General Dynamics said Monday the contract will cover work to boost the performance and survivability of Canada’s 141 Light Armored Vehicle III fleet as well as maintain the …

Read More »

Lockheed Martin Canada Teams With Rank Software for Co-Branded Cybersecurity Offering

TYSONS CORNER, VA, Feb. 10, 2017 — The Lockheed Martin (NYSE: LMT) business unit in Canada has partnered with Rank Software in efforts to deliver cybersecurity and security analytics services to defense programs in the country and abroad, ExecutiveBiz reported Thursday. Lockheed Martin Canada said Tuesday the collaboration aims to address challenges such …

Read More »

February 2 Market Close: GovCon Index Held Green by CACI & Harris Earnings Beats, US Stocks Unchanged

Executive Mosaic’s GovCon Index closed higher Thursday on strong performances by CACI International (NYSE: CACI) and Harris Corp. (NYSE: HRS) after both contractors reported quarterly earnings above Wall Street’s expectations. U.S. stocks in contrast ended mostly flat as investors waited Friday’s job report and weighed President Donald Trump’s comments to lawmakers …

Read More »

Canadian Military Vet Richard Foster Joins L3 in Corporate VP Role

Richard Foster, a 35-year veteran of the Canadian armed forces and a retired major general, has been appointed corporate vice president of L3 Technologies‘ (NYSE: LLL) business unit in Canada. He will manage L3 Canada‘s overall operations and coordinate with the subsidiary’s business development team to help expand its customer base, the company said Wednesday. “His extensive …

Read More »

January 23 Market Close: GovCon Index, US Stocks Fall on Trump Trade Pact Withdrawal Order

Executive Mosaic’s GovCon Index tumbled in conjunction with larger declines on Wall Street Monday as investors retreated from equities after President Donald Trump signed an executive order to withdraw from the 12-country Trans-Pacific Partnership trade agreement. GovCon Index decliners outnumbered gainers by a 4-to-1 ratio and two of its 11 S&P 500 …

Read More »

CAE to Continue Support for Canadian Air Force-Led NATO Flight Training Program; Joe Armstrong Comments

TYSONS CORNER, VA, Jan. 18, 2017 — The government of Canada has awarded CAE (NYSE: CAE) a potential $228 million contract modification to extend the company’s support for a NATO flight training program led by the Canadian air force, ExecutiveBiz reported Friday. The company said Thursday it will continue to provide assistance for the NATO …

Read More »

CAE Reports $760M in Training Services Contracts With US Army, Canadian Air Force; Gene Colabatistto Comments

CAE (NYSE: CAE) has secured two long-term training services contracts with the U.S. Army and Canada’s air force worth approximately $760 million combined. CAE said Thursday the contract with the Army will cover classroom, simulator and live rotary-wing flight training instructor support at the Army Aviation Center of Excellence in Alabama …

Read More »

Raytheon to Support Navy Phalanx, SeaRAM Weapon Systems Under Potential $399M Contract

Raytheon (NYSE: RTN) has been awarded a potential $398.6 million contract by the U.S. Navy to provide design agent engineering and technical services for the military branch’s close-in weapon and anti-ship missile defense systems. Work covers support for Phalanx Close-in Weapon System, SeaRAM and Land-based Phalanx Weapon System at various locations in the U.S. through January 2018, …

Read More »