Home / Tag Archives: Lockheed Martin

Tag Archives: Lockheed Martin

April 29 Market Close: GovCon Index Free Fall Deepens to Post Weekly Decline, End Positive April

GovConIndexDOWN

The GovCon Index deepened its slide Friday with a loss of 0.481 points to 76.361 that puts the GCI at a weekly decline but a sharp gain for the month of April as earnings reports for large government contractors dominated trading activity Monday through Friday. April represents the Index’s third consecutive month …

Read More »

Weekly Roundup April 25 – April 29 2016: Investors Give Mixed Signals on Contractor Stocks & more

GovConIndex

April 25 – April 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson First quarter earnings season has given investors with keen interest in the aerospace, defense and government contracting sectors a smorgasboard of items to consider as they gauge the industry’s health. …

Read More »

Lockheed’s Rick Ambrose: Defense-Industry System Convergence to Drive Future Space Investments

Rick Ambrose

TYSONS CORNER, VA, April 28, 2016 — Rick Ambrose, executive vice president of the space systems business at Lockheed Martin (NYSE: LMT), believes the integration of defense and commercial systems works to support the future space requirements of government, ExecutiveBiz reported Tuesday. Ambrose told Space News in an interview published Monday that this …

Read More »

April 27 Market Close: GovCon Index Boosted By Defense Prime Gains After 1Q Earnings Reports

GovConIndexUP

The GovCon Index soared 1.396 percent to 77.998 Wednesday on a series of pre-market earnings reports from several large defense prime contractors as Boeing (NYSE: BA) overcame an early morning decline to close in positive. GovCon Wire posted a summary of all six GovCon Index-related earnings figures plus that of United Technologies Corp. (NYSE: UTX) …

Read More »

Lockheed Secures Contract for ‘Consolidated Automated Support System’ Logistics, Maintenance

lockheed martin

TYSONS CORNER, VA, April 27, 2016 — Lockheed Martin‘s (NYSE: LMT) mission systems and training business will provide logistics, maintenance and support services for an estimated 400 Consolidated Automated Support System stations under a $21.9 million U.S. Navy contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the contract also covers support for 150 reconfigurable, …

Read More »

Roger Krone: SETA Service Contracts Minimal in Leidos-Lockheed IS&GS Combination

krone_roger_wash100_2016

The merger of Leidos Holdings (NYSE: LDOS) with Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business involves “one or two” contracts for systems engineering and technical assistance service work that has largely been spun out of the latter company, Leidos CEO Roger Krone told investors Tuesday. Krone said Lockheed shifted …

Read More »

April 26 Market Close: GovCon Index Soars 1% on Lockheed Forecast Lift & Defense Prime Gains

GovConIndexUP

The GovCon Index outpaced narrow activity in U.S. financial markets Tuesday with a sharp gain of 1.258 percent to 76.924 Tuesday on Lockheed Martin‘s (NYSE: LMT) lift of its full-year earnings and revenue outlook and subsequent positive swings by many prime aerospace and defense contractors. Lockheed led all net change gainers at $5.86 or …

Read More »

Lockheed Awaits UK Regulatory Review Over Leidos Deal; IS&GS 2016 Forecast Lifted

lockheed martin

Lockheed Martin (NYSE: LMT) has one pending regulatory review remaining in the U.K. over the merger of its information systems and global solutions business with Leidos Holdings (NYSE: LDOS) ahead of the deal’s intended closure in either the third or fourth quarter, Lockheed CEO Marillyn Hewson told investors Tuesday. Both companies agreed in …

Read More »

Lockheed Boosts 2016 Earnings, Revenue Outlook

lockheed martin

Lockheed Martin (NYSE: LMT) — one of 30 companies listed in Executive Mosaic’s GovCon Index and an S&P 500 stock — lifted its profit and revenue outlooks for 2016 despite a year-over-year decline in first quarter net income due to one-off charges for workforce reductions and other items. The Bethesda, Maryland-based aerospace and …

Read More »

Navy Awards 12 Spots on $800M Multifunction RF Systems IDIQ

ElectronicWarfare

The U.S. Navy has awarded positions to 12 companies on a five-year, $800 million contract to prototype radio frequency components for electronic warfare, communications, radar and information operations. The Defense Department said Monday contractors will vie for task orders to research, design, fabricate, integrate and test open RF systems as part of the Navy’s Electromagnetic Maneuver …

Read More »