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Tag Archives: Lockheed Martin

CACI Wins Potential $446M Air Force Satellite Control Net Consolidation Contract

GPS satellite

CACI International (NYSE: CACI) has won a potential seven-year, $445,900,944 contract that consolidates maintenance services for the U.S. Air Force‘s main Satellite Control Network into a single purchasing mechanism in an effort to reduce the service branch’s operation and sustainment costs. A Monday contracting notice on FedBizOpps says the Consolidated Air Force Satellite Control Network Modifications, …

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Lockheed’s Rick Ambrose Talks Space Industry Outlook at Atlantic Council Event

Rick Ambrose

TYSONS CORNER, VA, June 9, 2016 — Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems business, was featured in the Atlantic Council’s Captains of Industry Series event Wednesday, GovCon Executive reported Monday. The council said Ambrose’s portion in the discussion focuses on Lockheed’s outlook and projected role …

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Denmark to Move Forward on $3B F-35 Purchase

F-35

Denmark will proceed on a plan to purchase 27 F-35A fighter jets for $3 billion total from Lockheed Martin (NYSE: LMT), Reuters reported Thursday. Nikolaj Skydsgaard wrote Denmark becomes the 11th country to purchase the F-35’s conventional takeoff-and-landing variant used by U.S. and international partner air forces. The Danish government recommended the purchase …

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Army Taps Boeing for $667M Apache Helicopter FMS Contract With Qatar

Apache

Boeing (NYSE: BA) has received a potential four-year, $667.5 million contract from the U.S. Army to deliver 24 AH-64E Apache helicopters and related equipment to Qatar as part of a foreign military sales agreement. The company will perform work in Mesa, Arizona, through May 31, 2020, under the fixed-price-incentive contract and …

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June 6 Morning Report: GovCon Index Posts Narrow Friday Gain on May Jobs Data

GovConIndexUP

The GovCon Index closed Friday with a narrow gain of 0.091 points to 79.018 for its third consecutive week in positive territory as the Labor Department reported May jobs data below expectations. According to CNBC, analysts have also indicated that the Federal Reserve could implement a 54-percent increase in the interest rate as …

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June 3 Market Close: GovCon Index Holds Marginally Up Against US Stock Declines

GovConIndexUP

The GovCon Index recorded a narrow gain of 0.091 points to 79.018 Friday to post its third consecutive weekly rise as U.S. markets showed caution after the May payrolls report showed 38,000 jobs created in May to fall well short of economist forecasts. According to CNBC, analysts expected the Labor Department to …

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Weekly Roundup May 30 – June 3 2016: FirstNet Contract Award Countdown Begins & more

communication tower

May 30 – June 3 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The time has come and gone for industry to throw their hats into the ring in pursuit of the contract to help construct the future nationwide broadband network for …

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Lockheed, MBDA Seek German Parliamentary Approval for MEADS Deal by Year’s End

MissileDefense

TYSONS CORNER, VA, June 3, 2016 — Lockheed Martin (NYSE: LMT) and its partner MBDA hope to receive clearance from Germany’s parliament by the end of the year to proceed with the planned $4.5 billion procurement of their Medium Extended Air Defense System, ExecutiveBiz reported Thursday. Reuters reported Thursday that the German parliament …

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Lockheed Lands FAA Contract for Air Traffic Control Radar Services

lockheed martin

TYSONS CORNER, VA, June 2, 2016 — Lockheed Martin (NYSE: LMT) will provide technical services to the Federal Aviation Administration in support of radar systems for air traffic control under a $28.3 million contract, ExecutiveBiz reported Wednesday. The company said Tuesday the contract covers design, development, analysis and test services for FAA’s …

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June 1 Market Close: GovCon Index, US Stocks Inch Upward on Economic Reports

GovConIndexUP

The GovCon Index started the month of June with a gain of 0.507 points to 78.613 Wednesday as U.S. investors digested several reports to gauge the country’s economy ahead of Friday’s jobs report and Federal Reserve Chair Janet Yellen’s Monday speech. Lockheed Martin (NYSE: LMT) added $1.85 — or 0.78 percent — despite a downgrade …

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