Home / Tag Archives: Lockheed Martin

Tag Archives: Lockheed Martin

Mike Lawrie: CSC Has ‘All Options’ on Table for HPE’s US Public Sector Arm Post-Merger

CSC logo_GovConWire

Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie told investors Tuesday the company will consider an undefined range of options regarding Hewlett-Packard Enterprise‘s (NYSE: HPE)’s U.S. public sector business in conjunction with CSC’s merger into HPE’s enterprise services segment. Tysons, Virginia-based CSC is subject to a two-year non-compete agreement in the federal government field …

Read More »

Lockheed Subsidiary Wins Potential $425M Contract for Navy Torpedo Guidance Systems

lockheed martin

A subsidiary of Lockheed Martin (NYSE: LMT) has won a potential $424.7 million contract to build guidance and control systems for the U.S. Navy’s heavyweight torpedoes. Sippican will also provide MK 48 Mod 7 Common Broadband Advanced Sonar System upgrade tools, test equipment, spares and production materials, hardware engineering an repair support services under the contract, the …

Read More »

Sevatec Appoints Anantha Bangalore CTO

Anantha Bangalore

Sevatec has named Anantha Bangalore, former chief technical officer at Blackstone Technology Group, as chief technology officer to oversee the development of technology offerings and partnerships. The Fairfax, Virginia-based technology services contractor said Tuesday Bangalore brings with him 20 years of experience in information technology, most recently at BTG where he led technical strategy and …

Read More »

Lockheed Martin to Introduce ‘Mars Base Camp’ Concept

lockheed martin

TYSONS CORNER, VA, May 20, 2016 — Lockheed Martin (NYSE: LMT) has said NASA can use a manned spacecraft orbiting Mars as a platform to send humans to the planet by the 2030s as part of the company’s Mars Base Camp concept, ExecutiveBiz reported Thursday. Popular Science reported Wednesday that Lockheed is …

Read More »

Army Picks Lockheed Rocket Pods for $332M FMS to Israel, Finland, Jordan, Singapore

lockheed martin

Lockheed Martin (NYSE: LMT) will provide the U.S. Army various rocket pods for Israel, Finland, Jordan and Singapore under a $331.8 million foreign military sales contract. The Defense Department said Thursday Lockheed’s missile and fire control business will supply 290 Guided Multiple Launch Rocket System alternative warhead rocket pods, 34 GMLRS unitary rocket pods and …

Read More »

May 19 Market Close: GovCon Index Held Down on Continued Rate Hike Speculation, RBC Downgrades Lockheed & Northrop

GovConIndexDOWN

The GovCon Index felt the pressure from U.S. investor worries about a potential interest rate hike in June and closed at a decline of 0.520 points to 77.071. CAE (NYSE: CAE) was one of the GovCon Index’s lone bright spots with a gain of 2.65 percent after the Montreal-based aerospace and defense contractor …

Read More »

Lockheed’s Sikorsky Unit Receives $88M Contract Modification for 8 Black Hawk Helicopters

Black Hawk

Sikorsky Aircraft, a subsidiary of Lockheed Martin (NYSE: LMT), has received a contract modification worth $88 million from the U.S. Army for the delivery of eight additional UH-60M Black Hawk helicopters. The modification exercises an option on a previously awarded contract, the Defense Department said Wednesday. Army Contracting Command will obligate the full …

Read More »

Navy Delivers 3 Sikorsky-Built Seahawk Choppers to Denmark

MH-60R

TYSONS CORNER, VA, May 16, 2016 — The first three MH-60R Seahawk helicopters built by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary for Denmark have been delivered as part of a foreign military sales deal, ExecutiveBiz reported Friday. The U.S. Navy said Wednesday it transported the helicopters from Sikorsky’s William P. Gwinn Airfield to Karup air base …

Read More »

UAE’s $476M Lockheed Hellfire III Missile Request Gets State Dept Approval

Hellfire missile

The State Department has cleared United Arab Emirates’ request to purchase a suite of Lockheed Martin-built (NYSE: LMT) AGM-114 R/K Hellfire Category III Missiles through a $476 million foreign military sales agreement with the U.S. government. Lockheed’s missile and fire control business will serve as the prime contractor on the deal that covers provision of up …

Read More »

Lockheed Secures $322M Contract to Support Navy Anti-Ship Missile Integration, Testing

lockheed martin

Lockheed Martin (NYSE: LMT) has received a $321.8 million contract from the U.S. Navy to support the integration and test phase of the Long Range Anti-Ship Missile program. The Defense Department said Friday such a contract would complete all remaining efforts to design LRASM’s hardware and software, retire open risks, build and assess missile test articles against system …

Read More »