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Tag Archives: Lockheed Martin

Lockheed Secures $322M Contract to Support Navy Anti-Ship Missile Integration, Testing

lockheed martin

Lockheed Martin (NYSE: LMT) has received a $321.8 million contract from the U.S. Navy to support the integration and test phase of the Long Range Anti-Ship Missile program. The Defense Department said Friday such a contract would complete all remaining efforts to design LRASM’s hardware and software, retire open risks, build and assess missile test articles against system …

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May 13 Market Close: GovCon Index Sinks 1%, Large Primes Fall on Lockheed Downgrade

GovConIndexDOWN

The GovCon Index held lower throughout Friday trade in a reflection of dim sentiment in U.S. markets and closed down 1.052 percent to 77.038 with many of the GCI’s largest prime contractors as the biggest decliners after a nearly four-day stretch as the drivers of gains. Friday’s close puts the Index at a …

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Denmark Eyes $3B Purchase of 27 Lockheed Martin F-35s

F-35

TYSONS CORNER, VA, May 13, 2016 — Denmark plans to place an order worth approximately $3 billion for the Lockheed Martin-built (NYSE: LMT) F-35 fighter jet as replacement for the country’s F-16 fleet, ExecutiveBiz reported Thursday. Defense News reported Thursday the potential foreign military sale covers 27 F-35s to support national security …

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May 12 Market Close: GovCon Index Holds Steady Against Choppy US Markets

GovConIndexUP

The GovCon Index held steady despite general choppy activity in U.S. financial markets during Thursday trade and closed at a gain of 0.304 points to 77.857 on strong performances by many platform and product makers in the contracting arena. Northrop Grumman (NYSE: NOC) and Lockheed Martin (NYSE: LMT) both rose at least $3.00 …

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May 10 Market Close: GCI Soars 1% as Lockheed, Northrop, HII Hit All-Time Highs in Intraday Trade

GovConIndexUP

The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions. Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Huntington Ingalls Industries …

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Lockheed, Raytheon Get $650M in Contract Modifications to Extend AF Laser-Guided Bombs Production

Paveway II

Lockheed Martin (NYSE:LMT) and Raytheon (NYSE:RTN) have been awarded contract modifications worth a combined $649.7 million to continue to build Paveway II laser-guided bombs for the U.S. Air Force. The modifications extend the work’s performance period for five years through July 27, 2023, the Defense Department said Monday. DoD noted the Air Force Life Cycle Management Center …

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Air Force Taps Boeing, Lockheed, Northrop for GPS III Phase 1 Readiness Assessment Contracts

GPS III

TYSONS CORNER, VA, May 9, 2016 — The U.S. Air Force has awarded Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) potential $6 million contracts to conduct feasibility studies on the production readiness of future GPS III satellites, ExecutiveBiz reported Friday. The Space and Missile Systems Center at Los …

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Lockheed-Developed FTC ID Theft Recovery Website Gets ACT-IAC Award; Scott Gray Comments

Scott Gray

TYSONS CORNER, VA, May 9, 2016 — Lockheed Martin (NYSE: LMT) and the Federal Trade Commission have received an award from the American Council for Technology and Industry Advisory Council for their identity theft recovery website, Executive Gov reported Wednesday. The company said Tuesday ACT-IAC gave the Impacter Dynamite Award to the team for IdentityTheft.gov, …

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May 9 Morning Report: GovCon Index Posts Gain on US Buying Activity, Earnings Reports

GovConIndexUP

The GovCon Index closed Friday with a 0.634-point increase to 7.206 amid buying activity in U.S. financial markets. The GCI also posted a weekly gain of 0.845 points as earnings reports from contractors over the past week — including Huntington Ingalls Industries (NYSE: HII), Engility Holdings (NYSE: EGL), ICF International (Nasdaq: ICFI), Northrop Grumman (NYSE: NOC) and Lockheed Martin (NYSE: LMT) — exceeded analyst …

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May 6 Market Close: GovCon Index Boosted by Engility & ICF 1Q Beats, Huntington Ingalls Extends Gain Stretch

GovConIndexUP

The GovCon Index rode the wave of buying activity in U.S. financial markets Friday and closed up 0.634 points to 7.206, which put the GCI at a weekly gain of 0.845 points to start May after a series of earnings reports from contractors that exceeded analyst expectations. Shipbuilder Huntington Ingalls Industries (NYSE: HII) extended its win …

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