Search Results for: Marillyn Hewson

Weekly Roundup Nov 9 – Nov 13 2015: BAE’s Decision Gives Some US Govt Services M&A Clarity & more

Weekly Roundup Nov 9 – Nov 13 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson What will the U.S. government services market look like when we enter 2016 and who will be in it? We received some clarity to that question early Thursday morning …

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October 20 Market Close: GovCon Index Neutral as Lockheed, UTC Kick Off 3Q Defense Earnings Season

The GovCon Index continued to reflect a narrow range of trading activity across U.S. stock markets Tuesday with a nominal decline of 0.052 points to 73.241 as Lockheed Martin (NYSE: LMT) and United Technologies Corp. started the first full week of third quarter earnings season for many Index and other defense-GovCon companies. …

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Reports: Germany to Purchase MEADS Missile Defense System for $4B

Germany has placed a potential $4.5 billion order for the Medium Extended Air Defense System made by Lockheed Martin (NYSE: LMT) and MBDA as part of efforts to update country’s missile defense system, Syracuse.com reported Monday. Mark Weiner writes that Lockheed’s plant in the Salina suburb of Syracuse, New York holds a $625 million share …

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Stephanie Hill is Wash100 Inductee for Leadership in STEM Advocacy Work

Executive Mosaic, Tysons Corner, VA March 24, 2015 – Stephanie Hill, vice president and general manager for the civil business arm of Lockheed Martin’s information systems and global solutions group, has been inducted into Executive Mosaic’s Wash100 list of the most influential leaders in GovCon for her leadership in promoting science, technology, engineering …

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Lockheed Reports 9% Revenue Spike in 4Q With F-35, Int’l Sales Growth

Lockheed Martin (NYSE: LMT) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. Revenue for the fourth quarter increased 8.6 percent year-over-year and the company reported a modest revenue gain of two-thirds a percent for the full fiscal year. The company attributed the increase for …

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Lockheed Completes Systems Made Simple Buy

Lockheed Martin has completed its acquisition of health information technology provider Systems Made Simple for an undisclosed amount as part of a strategy to grow government health IT offerings. The acquisition opens for Lockheed business opportunities with an IT modernization contract vehicle Systems Made Simple holds with the Department of Veterans Affairs,  Lockheed said Tuesday. Nearly …

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Lockheed Completes Purchase of Astrotech Space Operations Business

Lockheed Martin has completed the purchase of the Astrotech Corp‘s space operations business, Lockheed said Monday. The acquired business will become a fully-owned Lockheed subsidiary with a presence at both Titusville, Florida and Vandenberg Air Force Base, California. According to Lockheed, the company has helped with satellite launch preparations for more …

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Lisa Callahan to Succeed Erich Sanchack as Lockheed Internal Audit VP

Lisa Callahan, a 27-year veteran of Lockheed Martin (NYSE: LMT), has been appointed to serve as vice president of internal audit and as a corporate officer starting Dec. 1. She currently serves as vice president and general manager for the undersea systems line of business within the mission systems and training …

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Report: Lockheed Closes $7B Deal to Supply 71 F-35s to DoD

Lockheed Martin (NYSE: LMT) has secured a $7 billion contract to provide the Defense Department  with 71 F-35 aircraft as part of a potential $392 billion military arms procurement and development program, Reuters reported Monday. Andrea Shalal-Esa writes news of the deal comes as the armed forces aim to catch up …

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