Tag Archives: Europe

Boeing Creates Pan-European Business Leadership Team; Marc Allen Comments

Boeing (NYSE: BA) has appointed four executives to its newly formed regional leadership team that will be responsible for the aerospace and defense contractor’s operations in Europe. Marc Allen, president of Boeing’s international segment, said Thursday the initiative will enable appointees to make decisions on a pan-European basis. Michael Arthur will serve as president of the Boeing …

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ICF Lands European Commission Contract to Organize Policy-Related Events

TYSONS CORNER, VA, January 25, 2016 — ICF International (Nasdaq: ICFI) will provide event management services to the European Commission under a $15 million contract to support regional and urban policy programs in the European Union, ExecutiveBiz reported Friday. The company said Friday its ICF Mostra division in Brussels will organize …

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Navy Taps Seaward Marine Services for $258M SUPSALV Support IDIQ

Seaward Marine Services will provide support services for the U.S. Navy’s office of the director of ocean engineering, supervisor of salvage and diving under a potential one-year, $257.9 million contract. The indefinite-delivery/indefinite-quantity, firm-fixed-price contract covers underwater hull cleaning and related work on the service branch’s ships and other vessels, the Defense Department …

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January 5 Market Close: GovCon Index Rides Afternoon Surge to 1% Gain in Volatile Trade

The GovCon Index bounced wildly in and out of positive territory Tuesday morning and sharply rose in the afternoon session to close at a gain of 1.259 percent to 76.801. The S&P 500 composite index turned negative in the early afternoon session from a volatile morning period then swung again …

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MDA Awards Raytheon $543M for 17 Standard Missile-3 Weapons

The Missile Defense Agency has awarded Raytheon (NYSE: RTN) a $543, 337, 650 million contract modification to build and assemble 17 Standard Missile-3 units in the block IIA configuration over five years. This modification increases the total face value of a contract awarded in July for SM-3 long lead material from the initial $87, …

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Weekly Roundup Nov 16 – Nov 20 2015: A Post-Paris Look at the Global Arms Trade & More

Weekly Roundup Nov 16 – Nov 20 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Investors made a sharp turn this week to defense and other government contracting stocks after the Friday Paris attacks in anticipation of increased activity in the global weapons market. The GovCon …

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AFP: Spain Plans to Buy 4 General Atomics Reaper Drones

Spain plans to buy four Reaper unmanned aerial vehicles and two ground stations from General Atomics for $27 million as part of a larger five-year, $187 million drone spending program, Agence France-Presse reported Thursday. The report said the budget for the future purchase is included in the Spanish defense ministry’s 2016 …

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July 13 Market Close: GovCon Index, US Stocks Rise in Tandem After Greece Pact

The GovCon Index extended its gains from the previous two trading days into Monday with a rise of 1.06 percent to close at 76.396 as U.S. markets welcomed reports over a deal between Greece and its creditors. CNBC reports that pact would keep Greece in the Euro zone and get financial aid in return …

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July 9 Market Close: GovCon Index, US Stocks Rebound Ahead of Greek Proposal Deadline

The GovCon Index bounced back from the prior day’s losses on Thursday to close at a gain of 0.572 points and end at 74.650. Financial shares recovered ground from Wednesday’s declines as investors waited to see if Greece would meet its Thursday midnight deadline to give European leaders a plan for spending …

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July 7 Market Close: GovCon Index Gains, US Stocks Mixed as Greece Watch Continues

The GovCon Index recovered ground from two days of losses to close with a gain of 0.411 points and end at 75.015. U.S. stocks closed slightly higher in a choppy day of trading that saw gains in commodities such as crude oil, copper and gold, the Wall Street Journal reported. Greece’s debt …

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