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Tag Archives: Lockheed Martin

June 27 Market Close: GovCon Index Plunge Deepens on Post-Brexit Fallout Second Day

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The GovCon Index lost two full percentage points for a second consecutive trading session Monday as global financial markets continued to indicate investor concerns over the prospects of Britain’s vote Thursday to leave the European Union. Executive Mosaic’s GovCon Index closed down 2.004 percent to 75.777 with Vectrus (NYSE: VEC) and Northrop Grumman …

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AAP: Raytheon Selected for $218M Australia Test Range System Update Contract

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Raytheon’s (NYSE: RTN) subsidiary has been awarded an estimated $218 million contract to update monitoring and sensor systems at the Woomera test range in the country’s southern region, Australian Associated Press reported Monday. Max Blenkin writes the 47,177-square-mile military facility currently houses missiles, unmanned aircraft and manned aircraft used for test exercises carried out by …

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Lockheed Secures Potential $421M Navy Contract For AEGIS Engineering, Maintenance Services

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Lockheed Martin‘s (NYSE: LMT) mission systems and sensors business has received a potential $421 million contract from the U.S. Navy to provide a range of services in support of the Advanced Electronic Guidance and Instrumentation System. The Defense Department said Friday the contract covers in-service combat systems engineering, computer program maintenance, annual …

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June 24 Market Close: GovCon Index Plummets on Brexit Vote Fallout, Raytheon Lone Gainer

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The GovCon Index was no exception to the effects of Britain’s vote to leave the European Union on global financial markets Friday as the GCI recorded its worst one-day percentage drop of 2016 by 2.805 percent to 77.327. Friday’s plunge brought the GCI from a weekly gain to a five-day loss of 1.175 percent …

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Weekly Roundup June 20 – June 24 2016: Brexit Vote Fallout Reaches Defense Stocks & more

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June 20 – June 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   Thursday’s highly-anticipated and historic “Brexit” vote in the U.K. led investors all over the world and so many other interested stakeholders to speculate over the implications of Britain’s potential …

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June 23 Market Close: GCI Up, CACI Guidance Miss & Downgrade Weigh as Markets Bet Against Brexit

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The GovCon Index lifted Thursday on U.S. investor speculation that Britain would vote in its referendum to remain in the European Union but felt some downward pressure from a guidance miss by CACI International (NYSE: CACI) and a subsequent downgrade on the stock. Executive Mosaic‘s GovCon Index of 30 publicly traded contractors rose 0.365 points …

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Leidos CEO Roger Krone to Lead Briefings With Employees From Lockheed IS&GS

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TYSONS CORNER, VA, June 23, 2016 — Leidos (NYSE: LDOS) Chairman and CEO Roger Krone will lead town hall meetings with incoming employees from Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business ahead of the close of a $5 billion deal to acquire the latter, ExecutiveBiz reported Monday. Forbes reported …

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Lockheed Services Unit Lands Potential $733M Army Sensor & Data Support Task Order

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The services segment of Lockheed Martin (NYSE: LMT) slated to merge into Leidos Holdings (NYSE: LDOS) has been awarded a potential three-year, $733 million task order to help the U.S. Army manage, operate and maintain sensor equipment and platforms used to collect data. Lockheed said Tuesday the order includes one base year with two one-year …

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Neustar to Split In Two Independent Companies

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Sterling, Virginia-based technology and analytics services provider Neustar (NYSE: NSR) will divide into two independent, publicly-traded companies with an intended timeline of one year to completion via a spinoff intended as tax-free. Neustar said Tuesday the two separate businesses will be one focused on information services with $470 million in 2015 …

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Lockheed Eyes Int’l Defense Market for Radar Tech Project With Australian Agency

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TYSONS CORNER, VA, June 20, 2016 — Lockheed Martin (NYSE: LMT) has worked with Australia’s defense science and technology group to build a long-range, over-the-horizon radar that works to track small and fast-moving objects, ExecutiveBiz reported Friday. Defense News reported Friday the team completed initial validation on the technology as part of Project …

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