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Tag Archives: Lockheed Martin

November 25 Market Close: GovCon Index Sets 3rd Straight Record Close in Half-Day Session

GovConIndexUP

Executive Mosaic’s GovCon Index set a third straight record-high close Friday to a third consecutive weekly gain in a shortened U.S. stock trading session as financial markets closed at 1 p.m. Eastern time. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and all 11 of its S&P 500 stocks closed green with Huntington Ingalls …

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Weekly Roundup November 21 – November 23, 2016: L-3 Squeezes Buy in Before Rate Hike

Money

November 21 – November 23, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Interest rates are all but certain to go up in December and one large defense contractor has seemingly gotten ahead of the game to make one more big buy …

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Reports: Canada Eyes Interim Purchase of 18 Boeing-Built Super Hornets

Boeing F-18 Super Hornet

Canada plans to buy 18 Boeing-built (NYSE: BA) F/A-18E/F Super Hornet aircraft from the U.S. government on a temporary basis for an undisclosed amount in an effort to support the country’s existing fleet of CF-18 fighter jets, National Post reported Tuesday. David Pugliese writes Canada’s liberal government announced the plan as it works to …

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Former Honeywell Defense & Space Chief Carey Smith Joins Parsons as Federal Unit Head

Carey Smith

Carey Smith, former president of Honeywell‘s (NYSE: HON) defense and space business, has joined Parsons Corp. as president of the Pasadena, Calif.-based engineering and infrastructure services contractor’s U.S. federal business unit. Parsons said Tuesday Tom Roell will return to his full-time post as vice chairman and chief risk adviser after …

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Leidos’ Roger Krone Joins Board of Governors at Aerospace Industries Association

Roger Krone

TYSONS CORNER, VA, Nov. 22, 2016 —  Aerospace Industries Association has elected Roger Krone, Leidos (NYSE: LDOS) chairman and CEO, to its executive board of governors for 2017, GovCon Executive reported Friday. Krone will join Boeing (NYSE: BA) CEO Dennis Muilenburg and Raytheon (NYSE: RTN) CEO Thomas Kennedy, who will respectively serve as …

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Stephen Seay, John Horvath, Richard Boggs Join Quantum3D Govt Systems’ Board of Directors

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Stephen Seay, a retired U.S. Army general, and Lockheed Martin (NYSE: LMT) veterans John Horvath and Richard Boggs have joined the board of directors at simulation and training services contractor Quantum3D Government Systems. Quantum3D Government Systems said Monday that Seay, Horvath and Boggs will support the company’s efforts to expand its government-related services business. Seay …

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November 21 Market Close: GovCon Index Advances, KBR & Leidos Get Upgrades as Cubic Falls on Guidance Miss

GovConIndexUP

Executive Mosaic’s GovCon Index advanced for a third consecutive session Monday on a mix of contributions from large primes and services stocks but a sharp fall by Cubic Corp. (NYSE: CUB) pared the GCI’s gain after the contractor’s guidance missed analysts’ expectations. GovCon Index gainers outnumbered decliners by a 5-to-1 ratio and …

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Lockheed to Modernize South Korea F-16s Under $1.2B USAF Foreign Sales Deal

F16Fleet

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential nine-year, $1.20 billion contract to support modernization of South Korea’s fleet of F-16 Fighting Falcon jets. Lockheed will perform the F-16 upgrades as part of a foreign military sales agreement between the governments of the U.S. and South Korea, …

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Weekly Roundup November 14 – November 18, 2016: ‘Big 3’ Credit Rating Firm Ups Defense Outlook & more

MissileDefense

November 14 – November 18, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the country’s “Big Three” credit rating agencies has bolstered its view of the government contracting sector’s prospects under incoming President Donald Trump and in particular defense companies. …

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State Dept Clears Potential $21B F-15 Sale to Qatar

F-15

The State Department has approved Qatar’s request to buy 72 Boeing (NYSE: BA) F-15 aircraft, weapons, related support, equipment and training services under a potential $21.1 billion foreign military sales agreement. The Defense Security Cooperation Agency said Thursday the agreement aims to support political stability and economic growth in the Persian Gulf region, as …

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