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Tag Archives: Lockheed Martin

March 15 Market Close: GovCon Index Up, as Markets React Positively to the Federal Reserve Rate Increase

Executive Mosaic’s GovCon Index closed up on the day as markets responded positively to the Federal Reserve raising the benchmark lending rate. Not to anybody’s surprise the Federal Reserve raised rates by one quarter point to 1.0 percent, while also giving a strong indication for two additional rate increases later in …

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MDA Awards Lockheed $103M in Missile Tech Risk Reduction Contracts

Lockheed Martin (NYSE: LMT) has won two contracts worth a combined $103.4 million to support the Missile Defense Agency‘s efforts to reduce risk for missile technologies. The Defense Department said Thursday Lockheed’s space systems business will help MDA optimize performance and address risk for a gimbaled seeker assembly, integrated avionics assembly, …

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Douglas Dreyer Joins Parsons’ Federal Group as Business Devt EVP; Carey Smith Comments

Douglas Dreyer, formerly a senior vice president at Vencore, has been appointed executive VP of business development at Parsons’ federal business unit. Dreyer will oversee the federal group’s business development operations in the U.S. through the company’s office in Centreville, Virginia, Parsons said Thursday. “He brings 32 years of progressive …

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March 9 Market Close: GovCon Index Down, While Stock Markets Close Up and WTI Drops Below $50

Executive Mosaic’s GovCon Index closed down for the day to 92.798 off -0.123%, contrary to the major markets which all closed slightly up. Investors wait for the February official U.S. jobs data due to release tomorrow. GovCon Index decliners outpaced advancers 19 to 11 as Orbital ATK (NYSE:OA) leds gainers for …

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US Begins Rollout of Lockheed-Built Missile Defense System in South Korea

TYSONS CORNER, VA, March 8, 2017 — The U.S. and South Korea have begun the deployment of the Lockheed Martin-manufactured (NYSE: LMT) Terminal High-Altitude Area Defense system in the Korean Peninsula to address potential missile threats from North Korea, Executive Gov reported Tuesday. Reuters reported Tuesday the THAAD system will work to intercept …

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March 7 Market Close: GovCon Index Up, US Stock Markets Down

Executive Mosaic’s GovCon Index reversed it’s four day losing streak to close up 0.000% to 93.000. Even with the US stocks posting it third lose in the past four days the GovCon Index was able to remain in the positive. GovCon Index advancers split evenly with decliners as seven of its …

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Lockheed Martin Eyes Belgium, Spain & Switzerland as Potential F-35 Buyers

TYSONS CORNER, VA, March 7, 2017 — Lockheed Martin (NYSE: LMT) is in talks with Belgium, Spain and Switzerland for the countries’ potential purchase of F-35 fighter aircraft, ExecutiveBiz reported Monday. Defense World reported Friday Jeff Babione, executive vice president and general manager of Lockheed’s F-35 program, told reporters at the Avalon …

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Australia’s Jindalee Radar Update Program Lands Bids From BAE, Lockheed

TYSONS CORNER, VA, March 7, 2017 — The latest phase of the Australian air force’s potential multimillion-dollar program for the modernization of its over-the-horizon radar system has received bids from BAE Systems and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Monday. Aviation Week reported Thursday phase 6 of the Jindalee Operational Radar Network update effort …

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NASA Selects ULA-Built Atlas V Rocket to Launch JPSS-2 in 2021

United Launch Alliance, a joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), has won a contract to help NASA launch a polar-orbiting environmental weather satellite for the National Oceanic and Atmospheric Administration. NASA said Saturday the Joint Polar Satellite System-2 will launch aboard a ULA-built Atlas V 401 rocket from Vandenberg Air Force Base in California sometime in …

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Lockheed Wins Potential $750M DLA Contract for Flight Line Spare Parts

The Defense Logistics Agency has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $750 million contract to supply the U.S. Air Force with flight line spare parts. The Defense Department said Friday Lockheed won the contract, which contains a five-year base period plus three-year and two-year option periods, via a competitive acquisition that received three …

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