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Tag Archives: Lockheed Martin

February 8 Market Close: GovCon Index, US Stocks Tumble 1% on Oil & Financial Losses as Vectrus Joins GCI

GovConIndexDOWN

The GovCon Index followed the steep downturn in U.S. markets Monday with a decline of 1.027 percent to 70.035 spurred by new declines in oil prices and worries about the pace of future interest rate increases by the Federal Reserve. Monday also represented the first day of Colorado Springs-based government …

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February 8 Morning Report: GovCon Index Returns to Correction; Jobs Report Boosts US Dollar

GovConIndexDOWN

The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction. The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies. Bloomberg reported that the U.S. dollar strengthened after a report from the …

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February 5 Market Close: GovCon Index Tumbles 1%, S&P Down 2% on Tech Losses & Jobs Data

GovConIndexDOWN

The GovCon Index tumbled back into a correction Friday at a decline of 1.349 percent to 70.204 as U.S. investors reacted to the latest jobs report with a view toward whether the Federal Reserve would raise interest rates again this year. For the week, the Index posted a decline of …

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Weekly Roundup Feb. 1 – Feb. 5 2016: The 9 Three-Time Wash100 Winners in 2016’s Class & more

2016Wash100

Feb. 1 – Feb. 5 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Last week in this space, we announced the 2016 edition of Executive Mosaic’s annual Wash100 list, our selection of the government contracting arena’s most influential leaders and voices from both the public …

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Lockheed Delivers Orion Crew Module as NASA Preps Launch Onboard Boeing’s SLS

Orion

TYSONS CORNER, VA, February 5, 2016 — Lockheed Martin (NYSE: LMT) has delivered the Orion crew module to NASA‘s Kennedy Space Center, where it will undergo tests before engineers integrate it with other spacecraft hardware, ExecutiveBiz reported Thursday. The company said Wednesday the Orion spacecraft will launch as part of Exploration Mission-1 onboard …

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Lockheed Martin Lands $96M Contract to Update Air Force GPS Control Segment

lockheed martin

Lockheed Martin (NYSE: LMT) has received a $96.04 million contract modification to modify the control segment of the U.S. Air Force’s global positioning system. The control segment works to operate all launched GPS III satellites before they migrate to the new operational control system, the Defense Department said Thursday. Lockheed will …

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Boeing-Built Rocket to Carry Lockheed Martin’s Skyfire CubeSat

CubeSat

TYSONS CORNER, VA, February 4, 2016 — The Boeing-built (NYSE: BA) Space Launch System will carry the Orion unmanned spacecraft and 13 CubeSats to deep space in 2018, ExecutiveBiz reported Wednesday. NASA said Wednesday two of the CubeSats that will be onboard the SLS are the Lockheed Martin-built (NYSE: LMT) Skyfire and Morehead …

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Lockheed Martin to Build New S-Band Satellite Based on A2100

lockheed martin

TYSONS CORNER, VA, February 4, 2016 — Lockheed Martin (NYSE: LMT) will build a new S-band satellite based on the A2100 design for delivery to Sky Perfect JSAT Corp. in 2019, ExecutiveBiz reported Wednesday. Lockheed said Wednesday the future JCSAT-17 will be the eighth satellite that SJC ordered from Lockheed and will work to support capacity …

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February 2 Market Close: GovCon Index Falls 2% on Harris Revenue Forecast Cut, Oil Declines Weigh on US Markets

GovConIndexDOWN

The GovCon Index slumped back into a correction — at least 10 percent down from its most recent high — Tuesday with a decline of 2.124 percent to 70.226 spurred by Harris Corp.‘s (NYSE: HRS) move to cut projected revenue for the company’s 2016 fiscal year. Shares of Harris plummeted 9.78 percent after the …

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Lockheed Martin Christens Freedom-Class LCS USS Sioux City

lockheed martin

TYSONS CORNER, VA, February 2, 2016 — Lockheed Martin (NYSE: LMT) has christened and launched the U.S. Navy‘s 11th littoral combat ship at the Menominee River in Wisconsin, ExecutiveBiz reported Monday. The company said Saturday the Freedom-class USS Sioux City will undergo tests before it is delivered to the Navy for full operations early next …

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