Search Results for: lockheed martin

October 4 Market Close: GovCon Index Falls on Defense Prime Declines, Strong Dollar and IMF Forecast Weigh on Markets

Executive Mosaic’s GovCon Index declined Tuesday with major defense primes and large services companies the major contributors to its losses as U.S. stocks also tumbled on a stronger dollar and a muted global outlook from the International Monetary Fund. GovCon Index gainers outnumbered laggers by a 2-to-1 ratio, McKesson Corp. (NYSE: MCK) was …

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General Atomics Awarded Navy MQ-25 Carrier Drone Risk Reduction Contract

General Atomics’ aeronautical systems business has received a potential one-year, $44 million contract to perform risk reduction efforts for the U.S. Navy’s MQ-25 unmanned carrier aerial system program. The contractor will develop trade space and refine concepts in support of requirements generation prior to the program’s engineering and manufacturing development phase, …

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BAE, Boeing Receive Trident II Missile Support Contracts From Navy

The U.S. Navy has awarded a pair of sole-source contracts to a BAE Systems subsidiary and Boeing (NYSE: BA) for support work on the military branch’s Trident II D5 fleet ballistic missile system. BAE Technology Solutions and Services will provide systems engineering and integration services for the Trident FBM under a contract …

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October 3 Market Close: GovCon Index Stuck in Neutral on S&P Stocks’ Gains, KBR and McKesson Declines

Executive Mosaic’s GovCon Index closed flat Monday to start the year’s fourth quarter as a rebound by Vectrus (NYSE: VEC) in conjunction with advances by other large- and mid-tier primes offset declines by KBR (NYSE: KBR) and McKesson Corp. (NYSE: MCK). GovCon Index gainers slightly edged laggers and eight of its 11 S&P 500 companies advanced with Raytheon …

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ULA Gets $861M Contract Modification to Continue Support for Air Force EELV Missions

United Launch Alliance has received an $860.8 million contract modification to help the  U.S. Air Force carry out Evolved Expendable Launch Vehicle missions in fiscal year 2017. The Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture will continue to provide Delta IV and Atlas V rockets as well as perform systems engineering, integration,   …

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October 3 Morning Report: GovCon Index Closes September With Loss, Maintains YTD Gain

Executive Mosaic’s GovCon Index recorded a 0.232-percent drop Friday to 80.575 and closed September with a 1.13-percent loss. McKesson Corp. (NYSE: MCK) was the top gainer for both GCI stocks and stocks co-listed with the S&P 500. KBR (NYSE: KBR), whose joint venture with Triple Canopy won the $117.8 million Kuwait Base Operations and Security Support Services …

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September 30 Market Close: GovCon Index Held By Vectrus Plunge Against S&P Gain, Post 2nd Straight Down Month

Executive Mosaic’s GovCon Index failed to reverse its steep morning decline Friday despite a significant gain by the S&P 500 as a record intraday plunge by Vectrus (NYSE: VEC) on a large contract loss weighed on the GCI against a 2-to-1 ratio in favor of green stocks. Six of the GovCon Index’s 11 S&P 500 …

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Weekly Roundup September 26 – September 30 2016: Another Shutdown Averted as FY 2017 Starts & more

September 26 – September 30 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The 2016 federal fiscal year ends today and so has — for now — fears over another government shutdown as President Barack Obama signed a bill late Thursday to extend funding …

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September 29 Market Close: GovCon Index Slips Into Deep Red, Positioned for 2nd Straight Monthly Loss

Executive Mosaic’s GovCon Index fell out of narrow range in afternoon trade Thursday to close down 1 percent and position itself for a second consecutive monthly loss with one day left in September as fears over the health of Deutsche Bank both dragged down banking shares and overshadowed U.S. financial markets. KBR (NYSE: …

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Canada to Evaluate Data From Potential Contractors on Fighter Jet Replacement Program

TYSONS CORNER, VA, Sept. 29, 2016 — Canada will analyze data collected from Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Saab, Dassault Aviation and the consortium comprised of BAE Systems, Airbus and Leonardo-Finmeccanica as the country seeks to replace its CF-18 fleet, ExecutiveBiz reported Wednesday. Reuters reported Monday the Canadian government currently works to explore options …

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