Tag Archives: Qatar

November 18 Market Close: GovCon Index Narrowly Green to Close 2nd Straight Weekly Gain

Executive Mosaic’s GovCon Index posted a small gain Friday to register its second consecutive weekly gain on continued positive sentiment among investors toward defense stocks compared to other sectors. U.S. stocks traded lower Friday on healthcare sector declines to continue the slowdown in markets from the post-election rally but the S&P 500 …

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State Dept Clears Potential $21B F-15 Sale to Qatar

The State Department has approved Qatar’s request to buy 72 Boeing (NYSE: BA) F-15 aircraft, weapons, related support, equipment and training services under a potential $21.1 billion foreign military sales agreement. The Defense Security Cooperation Agency said Thursday the agreement aims to support political stability and economic growth in the Persian Gulf region, as …

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Vectrus Says Army to Re-Open Bids for Kuwait Logistics Contract, Narrows Earnings Guidance With Revenue Outlook Lift

GovCon Index-listed Vectrus (NYSE: VEC) said Tuesday the U.S. Army will seek revised proposals for a recompeted logistics contract the company originally was not selected for in late September as the program’s current iteration represents the largest the contractor’s portfolio. Vectrus added it is also awaiting a Government Accountability Office decision on a …

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September 30 Market Close: GovCon Index Held By Vectrus Plunge Against S&P Gain, Post 2nd Straight Down Month

Executive Mosaic’s GovCon Index failed to reverse its steep morning decline Friday despite a significant gain by the S&P 500 as a record intraday plunge by Vectrus (NYSE: VEC) on a large contract loss weighed on the GCI against a 2-to-1 ratio in favor of green stocks. Six of the GovCon Index’s 11 S&P 500 …

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Weekly Roundup September 26 – September 30 2016: Another Shutdown Averted as FY 2017 Starts & more

September 26 – September 30 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The 2016 federal fiscal year ends today and so has — for now — fears over another government shutdown as President Barack Obama signed a bill late Thursday to extend funding …

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Reports: White House OKs Sale of Boeing, Lockheed Fighter Jets to Qatar, Kuwait & Bahrain

The White House has approved the requests of Kuwait and Qatar to buy up to 76 Boeing-built (NYSE: BA) F-15 and F/A- 18E/F Super Hornet aircraft worth approximately $7 billion, Reuters reported Wednesday. Andrea Shalal writes the U.S. government also cleared the sale of Lockheed Martin-built (NYSE: LMT) F-16 aircraft to Bahrain under a …

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DynCorp to Support US Forces in Qatar, Saudi Arabia Under 2 New AFCAP IV Task Orders

TYSONS CORNER, VA, Sept. 20, 2016 — DynCorp International has secured two additional Air Force Contract Augmentation Program IV task orders worth a total of $10.3 million to support U.S. military forces deployed in the Middle East, ExecutiveBiz reported Monday. The company said Friday it will provide F-15 Strike Eagle acquisition services to aid …

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September 2 Market Close: GovCon Index Rides Post-Jobs Report Surge, Notches Weekly Gain

Executive Mosaic’s GovCon Index ended its three-day losing streak Friday after August’s jobs report missed economists expectations to register a weekly gain and investors bet against the possibility of a September interest rate hike. GovCon Index gainers outnumbered laggers by a roughly 9-to-1 ratio and S&P 500-listed Northrop Grumman (NYSE: NOC) was the top …

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Reuters: Sales of Boeing F-15, F/A-18E/F Jets to Kuwait, Qatar Near US Approval

The U.S. government could approve this month a pair of foreign military sales agreements for Qatar and Kuwait to procure up to 76 Boeing-built (NYSE: BA) F-15 and F/A-18E/F Super Hornet jets worth an estimated $7 billion, Reuters reported Thursday. Tom Finn and Andrea Shalal write sources said the deals include the sale of 36 …

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September 1 Market Close: GovCon Index Dragged by Vectrus Plunge After Mideast Contract Loss to URS

Executive Mosaic’s GovCon Index started September with a slight decline Thursday to register its third straight loss as Vectrus (NYSE: VEC) plunged almost 20 percent on the loss of a contract for Middle East-based logistics services the company held since 2010. Colorado Springs-based Vectrus said pre-open the Army Prepositioned Stocks-5 contract for …

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