Tag Archives: hon

June 28 Market Close: GovCon Index Shows Rebound as Markets Attempt Reversal From Brexit Shock

Executive Mosaic’s GovCon Index received a modest boost Tuesday from attempts by U.S. and global equity markets to shake off a two-day rout spurred by Britain’s vote to leave the European Union with help from strong activity in McKesson Corp. (NYSE: MCK) and Honeywell (NYSE: HON). The GovCon Index gained 0.725 points to 76.502 as the …

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CACI Wins Potential $446M Air Force Satellite Control Net Consolidation Contract

CACI International (NYSE: CACI) has won a potential seven-year, $445, 900, 944 contract that consolidates maintenance services for the U.S. Air Force‘s main Satellite Control Network into a single purchasing mechanism in an effort to reduce the service branch’s operation and sustainment costs. A Monday contracting notice on FedBizOpps says the Consolidated Air Force Satellite Control …

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June 9 Market Close: GovCon Index Flat, US Stocks Post Little Change in Investor Outlook Reset

The GovCon Index attempted an afternoon reversal from its morning decline Thursday and closed at a nominal loss of 0.004 points to 80.493 as U.S. investors paused their recent stretch of optimism before the Federal Reserve‘s policy meeting next week and other key events to gauge the global economy. Thursday ends the …

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June 2 Market Close: GCI Turns Around AM Decline, L-3 Hits 52-Week High on $2B AF Logistics Contract

The GovCon Index swung back into positive territory after an early morning decline Thursday and closed at a gain of 0.314 points to 78.927 as U.S. investors looked toward the release of Friday’s jobs report before markets open. L-3 Communications (NYSE: LLL) hit a new 52-week high in intraday trade after the New York City-based …

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Honeywell Closes Buy of Space Hardware Maker Com Dev; Tim Mahoney Comments

Honeywell (NYSE: HON) has completed its purchase of spacecraft and satellite equipment producer Com Dev International through an approximately $345 million transaction. Tim Mahoney, president of Honewell’s aerospace segment, said Thursday the acquisition is part of a push to bolster the company’s satellite connectivity efforts and grow its satellite technology offerings for …

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Tim Mahoney: Honeywell to Buy Satcom1 for In-Flight Connectivity Market Push

Honeywell (NYSE: HON) has agreed to purchase aeronautical satellite communications technology and services company Satcom1 for an undisclosed amount as the companies aim to develop an integrated in-flight connectivity offering. Tim Mahoney, president and CEO of Honeywell’s aerospace business, said Monday the company made the acquisition to also grow its satcom hardware and software …

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Honeywell Moves Forward with FAA Deal

Honeywell (NYSE: HON) picked up a $38 million, five-year contract with the Federal Aviation Administration “to maintain security systems at more than 1, 000 locations in the agency’s Air Traffic Organization Air Traffic Systems Branch.” “Maintaining critical security systems is a key component to protecting the safety of the national …

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Honeywell Snags DTRA Deal

According to the Department of Defense, “Honeywell (NYSE: HON) is being awarded a $8, 205, 351 indefinite-delivery/indefinite-quantity contract for instrumentation support.  Work will be performed at Albuquerque, N.M., and is expected to be completed Feb. 13 2016.  Contract funds will not expire at the end of the current fiscal year.  …

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Honeywell Secures DoD Contract

According to the Department of Defense, “Honeywell (NYSE: HON) was awarded a $24, 899, 792 cost-plus-fixed-fee, firm-fixed price line-item-number contract.  The award will provide for logistics support, property accountability services, operator-level maintenance and readiness management operations in support of Retrograde Assistance Teams in Afghanistan.  Work will be performed in Afghanistan, …

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Honeywell Nominates former Sen. Judd Gregg to Join Board

Honeywell’s (NYSE: HON) board of directors has nominated former Sen. Judd Gregg (R-NH) for election as a director. “Judd’s leadership in public office over the past 30 years and experience with major economic, fiscal, and foreign policy makes him a terrific fit for our board, ” CEO Dave Cote said. …

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