Search Results for: Lockheed

Sikorsky Awarded $940M Army Contract Modifications for Logistics, H-60 Technical Support

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) unit Sikorsky two contract modifications worth almost $940 million combined to provide support services and technical support for H-60 military helicopters and associated weapon systems. One potential $833 million contract covers sustainment, engineering, provisioning, manpower and packaging, handling, storage and transportation services, the Defense …

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November 30 Morning Report: CSRA to Replace CSC in GovCon Index, S&P 500

Federal technology services contractor CSRA (NYSE: CSRA) will replace Computer Sciences Corp. (NYSE: CSC) in the GovCon Index effective Monday morning. The change comes after the completion of CSC’s spinoff of its North American public sector business and that unit’s merger with SRA International. CSRA is based in Falls Church, Virginia, and offers …

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November 27 Market Close: GovCon Index Inches Closer to 80-Point Barrier in Half-Day Session

The GovCon Index recorded a nominal gain for the third consecutive trading day Friday at a rate of 0.180 points to 79.854 in an abbreviated session for U.S. markets after Thanksgiving. Both the New York Stock Exchange and NASDAQ closed at 1 p.m. Friday. The Index last closed at or above 80 points …

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BAE, SAIC Win $225M Marine Amphibious Vehicle EMD Contracts

The U.S. Marine Corps has selected BAE Systems and Science Applications International Corp. (NYSE: SAIC) to develop amphibious combat vehicle Increment 1 prototypes under two contracts worth up to $225 million. Marine Corps Sgt. Lena Wakayama said Tuesday the military service awarded $103.8 million to BAE’s land and systems business and $121.5 million to SAIC for the engineering, manufacturing …

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Northrop Buys F-35 In-Flight Opening Doors From Fokker Under $107M Deal

TYSONS CORNER, VA, November 24,  2015 — Northrop Grumman (NYSE: NOC) has ordered $106.8 million in F-35 in-flight opening doors from the Fokker Technologies division of GKN Aerospace, ExecutiveBiz reported Friday. Fokker said Thursday the opening doors are for the Lockheed Martin-built (NYSE: LMT) F-35 aircraft in lots 10 and 11 …

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Weekly Roundup Nov 16 – Nov 20 2015: A Post-Paris Look at the Global Arms Trade & More

Weekly Roundup Nov 16 – Nov 20 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Investors made a sharp turn this week to defense and other government contracting stocks after the Friday Paris attacks in anticipation of increased activity in the global weapons market. The GovCon …

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Thomas Tshudy Joins ULA as VP, General Counsel; Tory Bruno Comments

Thomas Tshudy, formerly senior vice president and general counsel for International Launch Services, has joined the United Launch Alliance as VP and general counsel. ULA, a joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT),  said Wednesday Tshudy will succeed the retiring Kevin MacCary. “Tom brings nearly 30 years of commercial aerospace and …

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CAE Awarded Technical Support Contract for Kuwait KC-130J Trainer Program

CAE (NYSE: CAE) has received a potential five-year, $30 million contract from the U.S. Army to provide technical services for Kuwait air force’s KC-130J weapon system training program through a foreign military sales agreement. Contract work will take place through Nov. 8, 2020, the Defense Department said Monday. Lockheed Martin (NYSE: …

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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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