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Tag Archives: Lockheed Martin

Australia’s Defense Dept Awards $419M Contract to Leidos Subsidiary for IT Products, Services

leidos_purple

Leidos‘ (NYSE: LDOS) Abacus Innovations Australia subsidiary has secured an estimated $418.7 contract from Australia’s defense department to provide computer equipment and accessories as well as centralized processing services to the country’s chief information officer group, ARN reported Friday. Leon Spencer writes the award runs through 2023 and follows an approximately $610 million deal that Lockheed Martin‘s (NYSE: …

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September 22 Market Close: GovCon Index Extends Post-Fed Rate Decision Gains, KBR Joins GCI After Govt Services Acquisitions

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Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors. Thursday also represented the GovCon Index’s first day of activity with KBR (NYSE: KBR) …

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Air Force Exercises $395M Lockheed Contract Option for 9th & 10th GPS III Satellites

GPS III

Lockheed Martin (NYSE: LMT) has received a potential $395 million contract modification to build the ninth and 10th Global Positioning System III space vehicles for the U.S. Air Force. The Air Force exercised an option in a previously awarded GPS III production contract and obligated $373.4 million for the modification from …

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September 21 Market Close: GovCon Index Returns Above 80 After Fed Holds on Rate Hike & Signals December Move

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Executive Mosaic’s GovCon Index added 1 percent Wednesday to record its best session in two months and close above 80 points for the first time since Sept. 12 with 29 out of 30 stocks in positive after the Federal Reserve left benchmark interest rates unchanged and signaled a potential move in …

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ULA to Launch DigitalGlobe’s WorldView-4 Satellite on Sept. 26

deep space

TYSONS CORNER, VA, Sept. 21, 2016 — DigitalGlobe‘s (NYSE: DGI) WorldView-4 imaging satellite will launch to space no earlier than Sept. 26 to capture panchromatic- and multispectral-resolution images of Earth, ExecutiveBiz reported Tuesday. United Launch Alliance said Sunday the launch of the Lockheed Martin-built (NYSE: LMT) satellite aboard an Atlas V rocket has …

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Lockheed Opens Bioenergy Plant in New York to Generate Electricity From Waste

electricity power lines

TYSONS CORNER, VA, Sept. 21, 2016 — Lockheed Martin (NYSE: LMT) has unveiled a bioenergy plant in New York that works to transform waste into renewable energy using a Concord Blue-built technology platform, ExecutiveBiz reported Tuesday. The technology utilizes the advanced gasification process to produce synthetic gas that could power a …

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Lockheed Martin Lands Air Force Contract for SBIRS Logistics, Sustainment Studies

lockheed martin

TYSONS CORNER, VA, Sept. 20, 2016 — Lockheed Martin (NYSE: LMT) will provide logistics, sustainment and other services in support of the Space-Based Infrared System under a $45 million contract from the U.S. Air Force, ExecutiveBiz reported Monday. The Defense Department said Friday Lockheed will work to help analyze potential failures and deficiencies …

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Lockheed to Produce More Paveway II Bomb Kits for Air Force; Joe Serra Comments

Paveway II

Lockheed Martin (NYSE: LMT) has been awarded an $87.6 million contract with the U.S. Air Force to produce additional Paveway II Plus laser guided bomb kits. The company said Monday it will supply guidance and tail assemblies for GBU-10 and GBU-12 LGB configurations under the follow-on contract. Joe Serra, director of precision guided …

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Lockheed Lands $147M DARPA Research Contract for Tactical Boost Glide Program

lockheed martin

Lockheed Martin (NYSE: LMT) has received a $147.3 million cost-sharing contract from the Defense Advanced Research Projects Agency to conduct research as part of a prototype agreement for the Tactical Boost Glide program. DARPA will obligate $13.4 million from fiscal 2016 research and development funds at the time of award, the …

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September 19 Market Close: GovCon Index Lifts, US Stocks Mixed Ahead of Fed Policy Summit

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Executive Mosaic’s GovCon Index rose Monday in an attempt to close above the 80-point barrier for the first time since Sept. 12 on gains by large defense primes and services-oriented companies. The GCI’s positive movement contrasted activity in U.S. financial markets as stocks turned south in the final hour of trade and closed mixed ahead …

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