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Tag Archives: Lockheed Martin

September 29 Market Close: GovCon Index Slips Into Deep Red, Positioned for 2nd Straight Monthly Loss


Executive Mosaic’s GovCon Index fell out of narrow range in afternoon trade Thursday to close down 1 percent and position itself for a second consecutive monthly loss with one day left in September as fears over the health of Deutsche Bank both dragged down banking shares and overshadowed U.S. financial markets. KBR (NYSE: …

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Canada to Evaluate Data From Potential Contractors on Fighter Jet Replacement Program


TYSONS CORNER, VA, Sept. 29, 2016 — Canada will analyze data collected from Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Saab, Dassault Aviation and the consortium comprised of BAE Systems, Airbus and Leonardo-Finmeccanica as the country seeks to replace its CF-18 fleet, ExecutiveBiz reported Wednesday. Reuters reported Monday the Canadian government currently works to explore options …

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Sikorsky Lands $187M in Army Contract Modifications for Taiwan, Tunisia UH-60M Helicopters

Black Hawk

The U.S. Army has awarded Lockheed Martin‘s (NYSE: LMT) Sikorsky Aircraft subsidiary two contract modifications worth a combined $187.1 million to provide UH-60M Black Hawk helicopters to Taiwan and Tunisia under foreign military sales agreements. One modification has a potential $148.7 million value and calls for Sikorsky to make six configured UH-60Ms for Taiwan’s air force, the Defense Department said …

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Reports: White House OKs Sale of Boeing, Lockheed Fighter Jets to Qatar, Kuwait & Bahrain


The White House has approved the requests of Kuwait and Qatar to buy up to 76 Boeing-built (NYSE: BA) F-15 and F/A- 18E/F Super Hornet aircraft worth approximately $7 billion, Reuters reported Wednesday. Andrea Shalal writes the U.S. government also cleared the sale of Lockheed Martin-built (NYSE: LMT) F-16 aircraft to Bahrain under a …

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September 28 Market Close: GovCon Index, US Stocks Move Green in PM Trade on Oil Supply Cut Reports


Executive Mosaic’s GovCon Index turned positive in mid-afternoon trade Wednesday along with U.S. stocks after reports surfaced that major oil producing countries reached an agreement to limit global supply with more details due in November. GovCon Index gainers outnumbered laggers at a 4-to-1 ratio and eight of its 11 S&P 500 companies …

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Lockheed Martin Rolls Out Japan’s 1st F-35A Jet


TYSONS CORNER, VA, Sept. 27, 2016 — Lockheed Martin (NYSE: LMT) has delivered Japan’s first F-35A fighter jet and marked the occasion in a ceremony that sought to highlight the Japan and U.S. defense alliance, ExecutiveBiz reported Monday. The company said Friday F-35A maintenance training for the Japan Air Self Defense Force is ongoing at Eglin …

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Lockheed Subcontracts General Atomics for Li-ion Batteries on USSOCOM Dry Combat Submersibles


TYSONS CORNER, VA, Sept. 26, 2016 — Lockheed Martin (NYSE: LMT) has subcontracted General Atomics‘ electromagnetic systems subsidiary to provide the U.S. Special Operations Command‘s Dry Combat Submersible vehicles with Lithium-ion Fault Tolerant battery systems, ExecutiveBiz reported Friday. The LiFT battery will work to power DCS propulsion and internal support systems as it transports personnel in …

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Three Wire Systems Appoints Serena Bliss as Chief Information Security Officer


Three Wire Systems has appointed Serena Bliss, formerly senior information assurance officer at Lockheed Martin subcontractor eSolution Architects, as the new chief information security officer at Three Wire. Bliss has more than 15 years of cybersecurity experience in areas such as application development, certification and accreditation, Three Wire said Wednesday. She previously managed eSA’ …

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Lockheed’s Sikorsky Lands $232M Navy Contract Modification for CH-53K Test Demo Helicopters

ch-53 king stallion

Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has received a potential four-year, $232 million contract modification from the U.S. Navy to provide two CH-53K helicopters designed to operate as system demonstration test article aircraft. Work under the cost-plus-incentive-fee contract modification will occur in various locations within the U.S. through February 2020, the Defense …

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Navy Taps Boeing, Lockheed for MQ-25 Carrier UAV Risk Reduction Contracts

U.S. Navy photo

The U.S. Navy has awarded a $43.4 million contract to Boeing (NYSE: BA) and a $43.6 million contract to Lockheed Martin (NYSE: LMT) to provide risk reduction measures for the military branch’s first carrier unmanned aerial vehicle program. Boeing and Lockheed will also refine concepts and develop trade space models to support requirements …

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