Search Results for: lockheed martin

ULA Explores Reusable 2nd Stage for Rocket to Support In-Orbit Activities

TYSONS CORNER, VA, Aug. 30, 2016 — A Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture is working to develop a reusable second rocket stage that will remain in low Earth orbit to support potential activities in space, ExecutiveBiz reported Monday. Quartz reported Saturday Tory Bruno, CEO of the …

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Navy Selects 4 Firms for $951M LCS Fleet Sustainment Support IDIQs

The U.S. Navy has awarded positions on a pair of indefinite-delivery/indefinite-quantity contracts worth up to $950.8 million combined over five years for sustainment work on the Littoral Combat Ships 1 variant class. BAE Systems‘ Southeast Shipyards Mayport division and General Dynamics‘ (NYSE: GD) NASSCO subsidiary can vie for task orders …

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August 29 Morning Report: GovCon Index Posts Friday, Weekly Loss on Federal Reserve’s Rate Hike Outlook

Executive Mosaic’s GovCon Index closed Friday with a 0.359-point drop to 81.205 and recorded a second straight weekly loss following Federal Reserve Chair Janet Yellen’s comments on a potential interest rate hike. Yellen has told central bankers in Wyoming the current low unemployment rate and increased price stability has strengthened the case for another interest rate hike potentially next …

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August 26 Market Close: GovCon Index Down, US Stocks Mixed After Fed Chair’s Hawkish Rate Hike Outlook

Executive Mosaic’s GovCon Index stumbled to negative in late morning trade Friday for a second straight weekly loss as U.S. stocks tried for gains shortly before the close after Federal Reserve Chair Janet Yellen told central bankers in Wyoming she believes the case has strengthened for another interest rate hike. Friday’s close …

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Weekly Roundup August 22 – August 26 2016: JPMorgan Analyst Bullish on Defense & more

August 22 – August 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson An investment analyst at the U.S.’ biggest and world’s fifth largest bank endorsed the defense sector this week in a note to investors with a forecast that views continued “green” movement in …

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ULA to Provide Atlas V Launch Services for NASA’s Mars 2020 Rover

United Launch Alliance, a joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), will provide Atlas V 541 launch services to NASA for a follow-up rover mission to Mars. NASA said Friday it estimates that the Mars 2020 launch will cost $243 million, including spacecraft and planetary protection processing, rocket integration and tracking, data …

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August 25 Market Close: GovCon Index Down on McKesson Plunge Despite L-3 Upgrade & Bullish JPMorgan Defense Stock Forecast

Executive Mosaic’s GovCon Index stumbled to negative late afternoon Thursday on a plunge in McKesson Corp. (NYSE: MCK) with other health stock declines despite an upgrade to L-3 Communications (NYSE: LLL) by JPMorgan and gains by other defense primes and government services providers. GovCon Index gainers outnumbered laggers by roughly 2-to-1 ratio and eight …

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August 24 Market Close: GovCon Index Down on McKesson Decline as Health Losses Weigh on US Markets

Executive Mosaic’s GovCon Index traded lower Wednesday with McKesson Corp. (NYSE: MCK) the worst net performer at more than double the decline of second-lowest Lockheed Martin (NYSE: LMT) as losses in healthcare shares dragged U.S. stocks into negative territory. General Dynamics was the only GovCon Index-S&P 500 company to record a gain, while McKesson was …

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Navy Selects 5 Companies for Potential $156M Joint Staff C4, Cyber Support IDIQ

The U.S. Navy has awarded five companies spots on a potential $155.8 million indefinite-delivery/indefinite-quantity contract to provide a range of support services for the Joint Staff J6 Directorate’s C4/Cyber program. The Defense Department said Tuesday contractors will vie for analytical, engineering and program management task orders over a 60-month ordering period. Work will occur at Eglin …

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August 23 Market Close: GovCon Index Held Down By Large Primes Against US Stock Gains

Executive Mosaic’s GovCon Index traded lower against across-the-board gains by U.S. stocks Tuesday as declines by large prime defense contractors weighed on the GCI. GovCon Index gainers edged laggers but only four of the GCI’s 11 S&P 500-listed stocks closed green as Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) ended as the …

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