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Tag Archives: General Dynamics

Lockheed Boosts Intl Sales Goal to 30% on F-35, Missile Defense Prospects


Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions …

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October 24 Market Close: GovCon Index Lifts on Defense Prime Gains, Rockwell Collins Tumbles on Flat Guidance


Executive Mosaic’s GovCon Index held higher Monday with large prime contractors the top advancers to offset a large decline by Rockwell Collins (NYSE: COL) on flat revenue guidance for its current fiscal year as U.S. stocks advanced on deal activity and new earnings reports. GovCon Index gainers outnumbered laggers at a 5-to-1 …

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Weekly Roundup October 17 – October 21, 2016: 3Q Financial Season Not Just Earnings & more


October 17 – October 21, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Another third quarter earnings reporting season is now underway for many large blue chip companies including some in the government contracting arena but that is merely one of many …

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October 20 Market Close: GovCon Index Shows Small Decline for 2nd Straight Day, Textron Jumps as HII & Primes Weigh


Executive Mosaic’s GovCon Index closed slightly down for a second consecutive session Thursday as notable gains by Textron (NYSE: TXT) after third quarter earnings and CACI International (NYSE: CACI) were offset by declines in Huntington Ingalls Industries (NYSE: HII) and other large prime contractors. GovCon Index laggers outnumbered advancers at a 3-to-1 ratio …

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Textron 3Q Earnings Miss, Revenue Up 2% on Biz Jet Deliveries


Textron (NYSE: TXT) reported third quarter earnings below Wall Street’s expectation Thursday on restructuring costs and lower commercial deliveries in its Bell Helicopter segment. GovCon Index-S&P 500 company Textron reported $0.61 earnings per share versus the $0.67 analyst consensus with third quarter EPS excluding a $0.76 benefit from settlements of Internal Revenue Service audits and the $0.27-after tax restructuring …

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6 Companies Win Potential $231M Naval Curriculum Devt & Maintenance Contracts

U.S. Navy

The U.S. Navy has awarded six companies contracts worth up to $230.6 million combined for curriculum development and maintenance services to the military branch’s Naval Training Products and Services Program. Each indefinite-delivery/indefinite-quantity contract has an ordering period of three years and a three-year option period that could extend work through October 2022, the Defense Department …

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General Dynamics Subsidiary Gets $176M Navy Funds for USS Montpelier Repair Work

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General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has been awarded a pair of contract modifications with a combined value of $176 million to maintain and repair the U.S. Navy‘s fast attack submarine USS Montpelier. Electric Boat will also perform alterations, testing and routine work on USS Montpelier  during the submarine’s scheduled interim dry docking, The …

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October 18 Market Close: GovCon Index Climbs on Orbital ATK Post-Launch Surge, Primes Pace Gain


Executive Mosaic’s GovCon Index closed just shy of a full 1-percent gain Tuesday on a large upswing by Orbital ATK (NYSE: OA) after the company’s successful rocket launch Monday night and gains by other prime contractors. GovCon Index gainers outnumbered laggers at a 9-to-1 ratio and 10 of its 11 S&P 500 companies …

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October 17 Market Close: GovCon Index Shows Little Change as Energy & Consumer Declines Weigh on US Markets


Executive Mosaic’s GovCon Index posted little change for a second consecutive session Monday on mixed results among its large-cap companies as U.S. stocks closed mostly lower due to a sell-off in consumer and energy sector shares that coincided with a decline in crude oil prices. GovCon Index laggers outnumbered advancers and four of …

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Lockheed Martin Names Subcontractors to Support Bid for Air Force ICBM Replacement Project


TYSONS CORNER, VA, Oct. 17, 2016 — Lockheed Martin (NYSE: LMT) has submitted its bid and named the companies it will subcontract for the U.S. Air Force’s ground-based strategic deterrent program, ExecutiveBiz reported Thursday. The National Defense Magazine reported Thursday General Dynamics (NYSE: GD), Draper Labs, Aerojet Rocketdyne (NYSE: AJRD) and Orbital ATK (NYSE: OA) will provide …

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