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Industry Week in Review – September 5, 2014

General Dynamics secured a contract to deliver 589 of the company’s Scout Specialist Vehicles to the British Army beginning in 2017. The $5.76 billion contract is the Ministry of Defense’s largest order for armored vehicles in roughly 30 years, illustrating the government’s commitment to modernize its military capabilities.

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Opportunity and Insight from T4NG

On July 28th, the U.S. Department of Veterans Affairs (“VA”) issued the long-awaited RFI for its Transformation Twenty-One Total Technology (“T4”) Next Generation (“NG”) contract to provide IT products and services.  T4NG will replace the original T4 multiple award contract that expires in June 2016.  With awards expected to be announced in late 2015 and [...]

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Industry Week in Review – August 29, 2014

On August 25th, Boeing Co. won an $8.8 billion order from BOC Aviation Pte (“BOC”), the Singapore-based aircraft leasing arm of Bank of China Ltd. The order, consisting of 82 planes including 50 upgraded 737 Max 8s, 30 737-800s, and two wide-body 777-300ERs, is indicative of the company’s efforts to meet surging travel demand throughout Asia.

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Industry Week in Review – August 22, 2014

On August 20th, the U.S. Navy selected five companies to develop and install a new shipboard tactical electronic network on its fleet over the next eight years. The indefinite-delivery / indefinite-quantity contract was valued at $2.53 billion to install the shipboard network known as Consolidated Afloat Networks and Enterprise Services (“CANES”) aboard 180 units by 2022.

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Industry Week in Review – August 15, 2014

The U.S. Army recently selected Textron’s Bell division in partnership with Lockheed Martin and the team of Boeing and Sikorsky in a Joint Multi-Role program to each build a helicopter that could effectively replace hundreds of Black Hawk and Apache models.

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Industry Week in Review – August 8, 2014

Boeing and United Technologies have continued to amass reserves of titanium parts from a Russian producer to hedge against uncertainty surrounding international economic tensions as a result of conflict between Russian-backed separatists and the Ukrainian government.

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Q4 Spending On the Rise, Again

On June 27, Deltek released a report titled “Preparing for a Record Breaking Q4 Spending Spree,” detailing a Q4 Federal spending forecast projected to outpace prior fiscal years. The increase, as explained by the report, is largely driven by the funding delays in the earlier portion of the current fiscal year.

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Industry Week in Review – August 1, 2014

Boeing recently released its second quarter earnings report, highlighted by a 1% rise in revenue and a 52% rise in net earnings compared to the same period last year. The Company announced earnings per share of $2.42, beating analysts’ estimates of $1.99 by a considerable margin.

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