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Tag Archives: Lockheed Martin

Lockheed Receives $423M Lot 10 F-35 Special Equipment Procurement Funds

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $422.7 million contract modification from the U.S. Navy to obtain special tools and test equipment for the tenth batch of F-35 jets. The Defense Department said Wednesday the modification covers purchases from the Navy, U.S. Air Force and Marine Corps as well as international partners and foreign military …

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Lockheed-Built MUOS-5 Satellite Begins Support for Military UHF Comms

TYSONS CORNER, VA, April 26, 2017 — The fifth Lockheed Martin-built (NYSE: LMT) Mobile User Objective System satellite is now able to support legacy ultra-high-frequency radios to provide beyond-line-of-sight communications to the military, ExecutiveBiz reported Tuesday. The company said Monday the U.S. Navy collaborated with Army Forces Strategic Command to configure one of …

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Lockheed Secures $110M Navy Contract Modification for F-35 Block 3F Upgrade Support

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $109.6 million contract modification to support Block 3F upgrade of company-built F-35s. The Defense Department said Tuesday the modification covers the provision of 567 modification kits for offboard system hardware and turnaround assets as well as recurring labor for the completion of hardware and software upgrades. …

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April 25 Market Close: GovCon Index Down Slightly as Markets Near Record Highs on Strong Earnings

The Executive Mosaic GovCon Index moved opposite to market direction and closed down slightly to 92.815 down 0.071 percent. Advancers outpaced decliners 2 to 1. U.S. markets were up significantly for the second day. The S&P500 and DJIA closed near record high, while the NASDAQ closed at a new 52 week high …

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April 24 Market Close: GovCon Index and Markets Surge On French Election Results

The Executive Mosaic GovCon Index followed advancing global markets to close at a 30 day high of 91.881, up 1.437 percent. Global markets surged with major U.S. indices up over 1.0 percent  on French election results. There are strong indication that Emmanuel Macron (a centrist) will win the June runoff against Marine …

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April 24 Morning Report: GovCon Index and Markets End The Week In the Positive

The Executive Mosaic GovCon Index ended the week on Friday at 91.565 up 1.7 points or 1.90 percent above the Monday morning open. The major markets closed the week in the positive with the NASDAQ leading the way, up almost two full percentage points. For the week the S&P500 was up 19.74 …

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April 21 Market Close:GovCon Index Up With Major Indices Slightly Down

The Executive Mosaic GovCon Index closed up for the third consecutive day to a weekly high of 91.565 positive 0.252 percent. Advancers and decliners split evenly on the day. The major markets declined slightly on the day as investors watch elections in France closely. However all U.S. market ended the week in …

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GovCon Wire’s Weekly Roundup: FY 2017’s Top Awardees and Business Opportunities | 04/21/2017

Weekly Roundup April 17 – April 21 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson We’re rapidly approaching the middle of FY 2017, and amidst all of the news surrounding President Trump’s FY 2018 budget plan, the border wall, and attempts at healthcare …

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State Dept OKs $195M Follow-On C-17 Sustainment Support Deal for Canada

The State Department has approved a potential follow-on $195 million foreign military sale of sustainment support services to Canada’s fleet of C-17 military cargo aircraft. Canada requested aircraft maintenance, logistics, in-country field services, alternate mission, training and support equipment, software, spares, personnel training and engineering support for five C-17 planes, the Defense Security Cooperation …

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April 20 Market Close: GovCon Index and Markets Surge On Speculation of Tax Cuts

The Executive Mosaic GovCon Index closed up almost a full percentage point with advancing stocks 29 to 1 versus decliners. U.S. markets surged as the Treasury Secretary comments gave support that the Trump administration would cut taxes soon. At market close WTI was up $0.18 to $50.26 per barrel as traders speculate …

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