Home / Tag Archives: TXT (page 2)

Tag Archives: TXT

USSOCOM Awards $475M UAS ISR Contract Spots to Boeing, Textron Subsidiaries

Subsidiaries of Boeing (NYSE: BA) and Textron (NYSE: TXT) have landed spots under a potential five-year, $475 million contract that covers mid-endurance unmanned aircraft system intelligence, surveillance and reconnaissance services to the U.S. Special Operations Command. The Defense Department said Wednesday that Boeing’s Insitu business and Textron’s AAI Corp. subsidiary will vie for task orders under the multiple-award, indefinite-delivery/indefinite-quantity …

Read More »

Beechcraft to Replace Argentina’s Military Training Aircraft Under $88M Air Force FMS Contract

Textron‘s (NYSE: TXT) Beechcraft subsidiary has landed a one-year, $88.2 million “undefinitized” contract with the U.S. Air Force to build trainer aircraft and provide maintenance support and pilot training services for Argentina’s air force as part of a foreign military sales deal. The Defense Department said Tuesday Beechcraft will deliver four T-6C+ …

Read More »

Leidos, Textron, AASKI Technologies Win Spots on $900M Army Tactical UAS Product Office Support IDIQ

Leidos (NYSE: LDOS), Textron‘s (NYSE: TXT) AAI subsidiary and AASKI Technologies have won positions on a potential five-year, $900 million contract for field support and technical services to the U.S. Army‘s product office for tactical unmanned aircraft systems. Five bids were submitted to the Army Contracting Command for the firm-fixed-price contract via the internet, the Defense …

Read More »

March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike Chatter

Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also extended their record-setting rally in their best one-day performance of 2017 so far with the S&P 500 composite index above 2,400 for the first time during intraday trade after President Donald …

Read More »

February 24 Market Close: GovCon Index Up, Records 4th Straight Weekly Gain

Executive Mosaic’s GovCon Index closed higher Friday to end its fourth straight weekly gain as investors eyed defense stocks after President Donald Trump repeated his election campaign pledge to build up the military during a speech in Washington. U.S. equities also posted narrow gains and the benchmark S&P 500 composite index ended the …

Read More »

February 23 Market Close: GovCon Index Lower on Services & Industrial Declines

Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumbered advancers by a 5-to-1 ratio …

Read More »

February 21 Market Close: GovCon Index Hits 5th Straight Record Close, Wal-Mart Sales Beat Lifts US Stocks

Executive Mosaic’s GovCon Index climbed to a record close for a fifth straight session Monday with Boeing (NYSE: BA) the main contributor along with mid-tier aerospace gains as U.S. stocks also pushed to new all-time highs after Wal-Mart reported quarterly sales above Wall Street’s forecasts. GovCon Index advancers outnumbered decliners by a 9-to-1 …

Read More »

February 17 Market Close: GovCon Index Sets 5th Straight Record Close on Boeing & Huntington Ingalls Lifts

Executive Mosaic’s GovCon Index crawled to a fifth straight record close Friday to extend its current stretch of weekly gains to three and record a five-day advance of 2.72 percent . The U.S. stock benchmark S&P 500 also inched to a record close for a weekly gain of more than 1 percent despite investor …

Read More »

February 15 Market Close: GovCon Index & US Stocks Further Extend Record Highs

Executive Mosaic’s GovCon Index and all three major U.S. stock indices moved further into record-high territory Wednesday after President Donald Trump repeated his plans to cut taxes and simplify the tax code after a meeting with retail company executives. GovCon Index advancers outnumbered decliners by a 9-to-1 ratio as nine of …

Read More »

Bell Helicopter Gets Navy Funds for AH-1Z Long-Lead Item, Component Procurement

The U.S. Navy has awarded Textron‘s (NYSE: TXT) Bell Helicopter subsidiary a $49.1 million contract to obtain long-lead materials and components needed to manufacture 27 lot 15 AH-1Z aircraft for the U.S. Marine Corps. Bell Helicopter will perform contract work in Fort Worth and Amarillo, Texas, through March 2018 under the advanced acquisition contract, the Defense …

Read More »