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Tag Archives: Lockheed Martin

Weekly Roundup Oct 5 – Oct 9 2015: CNBC’s Jim Cramer Talks Up Defense Stocks as 3Q Earnings Season Looms & more

PACIFIC OCEAN (March 26, 2009) The San Diego-based guided-missile destroyer USS Benfold (DDG 65) fires a missile Thursday, March 26, 2009 during training exercise Stellar Daggers in the Pacific Ocean. Benfold engaged multiple targets with Standard Missile-2 (SM-2) Block IIIA and modified SM-2 BLK IV missiles. The overall objective of Stellar Daggers was to test the Aegis system's sea-based ability to simultaneously detect, track, engage and destroy multiple incoming air and ballistic missile threats during terminal or final phase of flight. The Benfold’s Aegis Weapons System successfully detected and intercepted a cruise missile target with a SM-2 BLK IIIA, while simultaneously detecting and intercepting an incoming SRBM target with a modified SM-2 BLK IV. This is the first time the fleet has successfully tested the Aegis system's ability to intercept both an SRBM in terminal phase and a low-altitude cruise missile target at the same time. (U.S. Navy photo/Released)

Weekly Roundup Oct 5 – Oct 9 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the most listened-to voices in business media singled out the defense sector and one of its biggest players as among the best performers during recent …

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Lockheed Orders Alcoa Titanium for F-35 Airframe Structures


TYSONS CORNER, VA, October 8, 2015 — Alcoa (NYSE: AA) has sealed a nine-year, $1.1 billion deal to supply the titanium for the airframes on all Lockheed Martin (NYSE: LMT) F-35 Lightning II variants, ExecutiveBiz reported Wednesday. The contract relies on the recent acquisition of RTI that Alcoa said helped boost the …

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Lockheed Starts Production on 60kW Modular Lasers This Month

lockheed martin

TYSONS CORNER, VA, October 7, 2015 — Lockheed Martin (NYSE: LMT) will start to manufacture lasers using fiber modules that allow power adjustments according to mission requirements, ExecutiveBiz reported Tuesday. The first of the lasers to roll out from the company’s facility in Bothell, Washington, will be a 60-kilowatt model for integration …

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Northrop Marks Production Milestone for F-35 Center Fuselage


TYSONS CORNER, VA, October 7, 2015 — Northrop Grumman (NYSE: NOC) has completed the AX-5 center fuselage for the first F-35 Lightning II aircraft to be assembled in Japan, a production milestone celebrated in a Oct. 2 ceremony attended by officials from the Japanese government, Northrop and Lockheed Martin (NYSE: LMT). The fuselage …

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Dutch Air Force Orders Lockheed Targeting Pods for F-16 Fleet

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TYSONS CORNER, VA, October 6, 2015 — The Netherlands has ordered 26 Lockheed Martin (NYSE: LMT) Sniper targeting pods and related equipment, training and support from the U.S. for the Dutch air force’s fleet of F-16 fighter aircraft, ExecutiveBiz reported Monday. Lockheed said it expects to complete delivery early next year and …

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ULA Marks 100th Launch with MEXSAT-2


TYSONS CORNER, VA, October 5, 2015 — United Launch Alliance, a Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture, has launched its 100th rocket into space, ExecutiveBiz reported Friday. NASASpaceflight said the company, established in 2006, marked the milestone with Mexico’s Morelos-3 satellite, also known as MEXSAT-2, which was carried off into …

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Reuters: Lockheed Eyes IT Business Combination with Another US Contractor

acquisition, merger

Lockheed Martin (NYSE: LMT) has begun discussions about a possible combination of its government information technology and technical services businesses with a fellow U.S. contractor, Reuters reported Friday. Mike Stone writes Lockheed is in early-stage talks with Booz Allen Hamilton (NYSE: BAH),  CACI (NYSE: CACI), Leidos (NYSE: LDOS) and Science Applications International Corp. …

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Weekly Roundup Sept 28 – Oct 2 2015: Frank Kendall’s Outlook on Defense Sector Consolidation & More


Weekly Roundup Sept 28 – Oct 2 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The military’s chief weapons buyer sought to throw cold water this week on the idea of consolidation among the U.S.’ largest prime contractors in a year that has …

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WSJ: NASA Space Cargo Transport Competition Down to 4 Bidders


NASA has narrowed the list of bidders in a $14 billion industry competition to support the agency’s cargo resupply missions to the International Space Station, the Wall Street Journal reported Thursday. Andy Pasztor lists Boeing (NYSE: BA), Orbital ATK (NYSE: OA), Sierra Nevada and SpaceX as the remaining contenders for …

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EM Editor Ross Wilkers Charts GovCon Index’s September Activity, Correction Zone Entry With Federal News Radio


TYSONS CORNER, VA, September 3,  2015 — Ross Wilkers, newsroom editor at Executive Mosaic, spoke with Federal News Radio live Thursday morning for an in-depth discussion over September’s movements in the GovCon Index, Executive Mosaic’s composite stock index of 30 publicly-traded companies in the U.S. government contracting industry. Wilkers and “In Depth” program host …

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