Search Results for: lockheed martin

Air Force Eyes Purchase of 100 Bomber Planes From Northrop Grumman

TYSONS CORNER, VA, December 4, 2015 — The U.S. Air Force could purchase approximately 100 Long Range Strike Bombers from Northrop Grumman (NYSE: NOC) based on recent comments by Sec. Deborah Lee James, ExecutiveBiz reported Thursday. Defense News reported Wednesday the potential purchase is in line with the set ceiling for …

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David Dacquino Joins Serco’s US Arm as Defense Services SVP; Dan Allen Comments

David Dacquino, former CEO of Toronto-based air logistics company SkyLink Aviation, has joined Serco Group‘s North American subsidiary in a newly-created position as senior vice president of the defense services business unit. Serco Inc. said Thursday Dacquino will be responsible for work in ship and shore and base modernization, hardware integration, acquisition and program management, logistics support …

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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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