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Tag Archives: Raytheon

US, Poland Sign Memorandum for Potential Sale of Raytheon-Built Patriot System

TYSONS CORNER, VA, July 7, 2017 — The governments of Poland and the U.S. have inked a memorandum that would enable the former to procure Raytheon-built (NYSE: RTN) Patriot missile defense systems, ExecutiveBiz reported Thursday. Reuters reported Thursday Poland’s Defense Minister Antoni Macierewicz unveiled the agreement ahead of U.S. President Donald Trump’s visit …

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Lockheed to Develop Prototype Missiles Under $74M Army LRPF Phase 2 Contract

Lockheed Martin (NYSE: LMT) has secured a potential three-year, $73.8 million contract to begin work on the second phase of the U.S. Army’s Long Range Precision Fires missile program. The contract covers the technological maturation and risk reduction phase in which the company will design and fly prototype missiles in …

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July 5th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

Returning after the Independence Day Holiday the markets closed mixed. The Executive Mosaic GovCon Index (GCI) closed up for the third straight day to 96.213 a gain of 0.172 percent threatening to set a new high. Advancers outpaced decliners 2 to 1. The top five ‘Net Performers‘ were major platform companies that …

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Executive Mosaic’s Weekly GovCon Round-up: NDAA, DoD Purchasing Reform & More

Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee’s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for …

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July 3 Morning Report: June Close – GovCon Index Down, Major Indices Mixed for the Month

The Executive Mosaic GovCon Index (GCI) closed up Friday to 94.885 a gain of 0.760 percent. The Index ended down 1.24 percent from the June open of 96.082. The month saw a GCI high of 96.224 and a low of 94.302. The major indices ended Friday with a monthly June performance with the …

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June 30 Market Close: GovConIndex Closes Up as Major Indices Are Mixed

The Executive Mosaic GovCon Index closed up to 94.885 a gain of 0.760 percent. 28 of the 30 stocks that make up the Index where in the positive. ManTech international lead the GovCon Index posting a 5 percent gain as the company was upgraded by Loop Capital Markets. After sharp drops yesterday …

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State Dept OKs $1.3B in Surveillance Radar Maintenance, Missile Purchase Requests from Taiwan

The State Department has approved Taiwan’s request to buy missiles, torpedoes and related components as well as operations and maintenance support for the East Asian state’s surveillance radar program under seven foreign military agreements worth approximately $1.36 billion combined. Taiwan requested to purchase follow-on sustainment services for the SRP that …

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Raytheon to Supply F/A-18 Configuration D Kits Under $91M Navy Contract

Raytheon (NYSE: RTN) has secured a $90.8 million contract to refurbish components on the U.S. Navy‘s fleet of F/A-18 Hornet multirole aircraft. The Defense Department said Tuesday that Raytheon will provide 206 retrofit components and four validation and verification kits for F/A-18 Configuration D as part of three engineering change proposals. Hornet fighter jets are …

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June 26 Morning Report: Friday Close – GovCon Index Weekly Performance Down, Major Indices Close Mixed

The Executive Mosaic GovCon Index moved down for the week 0.64 percent after Friday’s close which reversed a three day downward trend. The major indices closed mixed on the week with the S&P500 and DJIA closing down by 0.16 percent and 0.27 percent respectively and the NASDAQ up 1.11 percent. WTI crude …

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June 23 Market Close: GovCon Index Reverses Trend to Close Up With Markets Mixed

The Executive Mosaic GovCon Index reversed it’s three day downward trend to close up 0.168 percent to 95.302 with advancers outpacing decliners 2 to 1. The major indices had little movement on the day closing mixed with the S&P500 and NASDAQ up and the DJIA down. The S&P500 and NASDAQ remand in …

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