Home / Tag Archives: Lockheed Martin

Tag Archives: Lockheed Martin

August 22nd Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued on its upward direction to close at 100.305 up 1.202 percent. Advancing shares outpaced decliners 6 to 1. Navistar International, ManTech International, AECOM, and SAIC all closed up more than 2.0 percent on the day. The major indices all closed up on the speculation that the Trump administration may be gaining some traction on …

Read More »

Lockheed, Northrop, CGI Land Spots on SSA IT Services Contract

Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and CGI’s (NYSE: GIB) federal business have won spots on a Social Security Administration contract to provide information technology services. A FedBizOpps notice published Monday says the potential 10-year, indefinite-delivery/indefinite-quantity contract covers IT services for SSA’s office of the deputy commissioner for systems …

Read More »

Boeing, Northrop Win $678M in USAF Contracts for Ground-Based ICBM Tech Maturation Work

The U.S. Air Force has awarded a $349.1 million contract to Boeing (NYSE: BA) and a $328.6 million contract to Northrop Grumman (NYSE: NOC) to perform technology maturation and risk reduction work for the Ground-Based Strategic Deterrent intercontinentinal ballistic missile program. The Air Force Nuclear Weapons Center in Utah received three bids for …

Read More »

General Dynamics, Lockheed Vet James McConville Named Privia President, CEO

James McConville, a more than 20-year federal market veteran, has joined Privia as president and CEO of the Herndon, Virginia-based government contracting bid, capture and proposal software company. He previously held a similar dual-role at Aeromech Engineering and served as an executive vice president at Chandler/May, both of which Lockheed Martin (NYSE: LMT) …

Read More »

Lockheed Receives $427M F-35 Ancillary Military, Pilot Flight Equipment Order

Lockheed Martin (NYSE: LMT) has secured a $427 million order from the U.S. Navy to provide ancillary military and pilot flight equipment for the 11th batch of low-rate initial production F-35 jets. The Defense Department said Monday Lockheed will supply the F-15 equipment to the Navy, Air Force, Marine Corps, non-DoD participants and foreign military sales customers. Work is …

Read More »

August 21st Market Close: GovConIndex Closes Up As Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed last weeks downward trend to close up 0.133 percent to 99.026. Advancing and declining shares were almost evenly split on the day. The major indices closed mixed with minor movement in either direction. The S&P500 advanced 0.12 percent to 2,428.37, while DJIA moved up by 0.13 percent to  21,703.75, and the NASDAQ Composite …

Read More »

Navy Eyes Boeing, General Atomics, Lockheed, Northrop for Carrier-Based Drone Tanker Effort

TYSONS CORNER, VA, Aug. 21, 2017 — Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) are expected to submit proposals to the U.S. Navy for the development of an unmanned aerial refueling tanker that operates with an aircraft carrier, ExecutiveBiz reported Friday. USNI News reported …

Read More »

State Dept OKs Romania’s Request for $1.25B in Mobile Rocket Launchers, Humvees

The State Department has given Romania the go-ahead to buy High Mobility Artillery Rocket Systems, other military equipment and related services from the U.S. government under a potential $1.25 billion foreign military sales agreement. Lockheed Martin (NYSE: LMT) is listed as the prime contractor for the transaction that covers HIMARS launchers, Guided-Multiple …

Read More »

Lockheed’s Rick Ambrose: AR/VR, 3D Printing & AI to Shape Satellite Production

TYSONS CORNER, VA, Aug. 18, 2017 — Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems segment, has said the future of satellite production will be driven by developments in augmented and virtual reality, 3D printing and artificial intelligence, ExecutiveBiz reported Wednesday. Ambrose, an inductee into Executive Mosaic’s Wash100 for 2017, …

Read More »

Executive Mosaic’s Weekly GovCon Round-up: The Biggest Contracts of the Week

Weekly Roundup August 14 – August 18 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed a number of significant contract awards, many of which focused on R&D, space, IT services and missile defense. Let’s take a quick …

Read More »