Home / Tag Archives: Lockheed Martin (page 2)

Tag Archives: Lockheed Martin

April 17 Market Close: GovCon Index and Markets Rebound Strongly From Last Week

The Executive Mosaic GovCon Index turned in better than 1 percent gain on the day as advancing stocks closed 29 to 1 versus decliners. With the European markets closed the U.S. markets all closed strongly as investors geopolitical concerns dampened. At market close WTI was down $0.57 to $ 52.61 per barrel …

Read More »

Lockheed’s F-16 Jets Get Air Force Approval for Service Life Extension

TYSONS CORNER, VA, April 17, 2017 — The Lockheed Martin-built (NYSE: LMT) F-16 fighter jet has received clearance from the U.S. Air Force for an extended service life from an equivalent 8,000 to 12,000 flight hours, ExecutiveBiz reported Thursday. The company said Wednesday it worked with the Air Force to cut projected service …

Read More »

Rolls-Royce Wins $373M IDIQ to Repair KC-130J Engines for US Marine Corps, Kuwait

Rolls-Royce has won a five-year, $372.5 million contract from the U.S. Navy to provide depot-level repair for the AE21000D3 engines of KC-130J aerial refueling aircraft for the U.S. Marine Corps and Kuwait. The Defense Department said Thursday the Naval Air Systems Command received three offers for the indefinite-delivery/indefinite-quantity contract via an electronic request for proposals …

Read More »

Lockheed, DoD to Explore Air-Space-Cyber Interoperability Through C2 Wargame

TYSONS CORNER, VA, April 13, 2017 — Lockheed Martin (NYSE: LMT) will host the three-day Multi-Domain Command and Control wargame at its Center for Innovation in Virginia to demonstrate air, cyber and space domain integration in support of command-and-control operations, ExecutiveBiz reported Wednesday. The company said Tuesday it will work with the Defense …

Read More »

April 13 Noon Day Report:With Long Weekend Ahead GovCon Index and Markets up Slightly

At noon on the day prior to the long holiday weekend the Executive Mosaic GovCon Index is up slightly by 0.270 percent to 90.614. Advancing companies are outpacing decliners 18 to 12. As markets anticipate the long Easter weekend they are up slightly as JP Morgan Chase & Co. and Citigroup Inc. …

Read More »

Richard White, Robert Zitz, Tim Gillespie Take New Leadership Roles at SSL’s Govt Systems Business

Palo Alto, California-based satellite manufacturer Space Systems Loral has appointed three executives to oversee the company’s government systems business unit that provides support to U.S. government clients and related programs. Richard White, senior vice president of government systems at SSL, has been promoted to president of SSL Government Systems and will …

Read More »

April 11 Market Close:GovCon Index Up With Major Indices Slightly Down

The Executive Mosaic GovCon Index closed up for the fifth consecutive day to 91.308 positive 0.507 percent. The GovCon Index advancing companies outpaced decliners 4 to 1. The major markets showed slight negative movement as investors still remain cautious of geopolitical issues in Asian and the Middle East. WTI continued it’s six …

Read More »

Lockheed, Air Force, Calspan Conduct Teaming Drill for Manned, Unmanned Systems

TYSONS CORNER, VA, April 11, 2017 — Lockheed Martin‘s (NYSE: LMT) Skunk Works business unit has collaborated with Calspan, the U.S. Air Force‘s Test Pilot School and the Air Force Research Laboratory in a teaming exercise for manned and unmanned systems at Edwards Air Force Base, ExecutiveBiz reported Monday. The Have Raider …

Read More »

Former Leidos VP Wendy Van Wickle Joins Parsons as EVP for Federal Unit’s Logistics, Training Division

Wendy Van Wickle, former vice president of ground operations and logistics at Leidos (NYSE: LDOS), has been named executive VP for the logistics and training division within Parsons‘ federal business unit. Parsons said Monday the more than 25-year aerospace and defense industry veteran will oversee the division’s operational performance, strategy and profit-and-loss functions. “Wendy’s …

Read More »

Lockheed Gets $373M Contract Modification to Build F-35 Variants for Non-DoD Participants

Lockheed Martin (NYSE: LMT) has received a $372.9 million contract modification from the U.S. Navy to produce F-35A and F-35B variants and conduct deficiency correction efforts for non-Defense Department participants. DoD said Monday the modification falls under a previously awarded advance acquisition contract for low-rate initial production of lot 10 F-35s. The company received a $1.28 billion …

Read More »