Search Results for: lockheed martin

NASA Selects Orbital ATK, Sierra Nevada, SpaceX for Round 2 Space Station Resupply Contracts

NASA has awarded Orbital ATK (NYSE: OA), Sierra Nevada and SpaceX a second round of potential multi-billion dollar contracts to deliver cargo to and from the International Space Station through 2024 in support of efforts to end U.S. reliance on Russia for access to space by 2017, agency officials said …

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January 11 Market Close: GovCon Index Halves Losses in PM Recovery During Volatile US Session

The GovCon Index attempted a recovery from steep morning and midday losses as Monday’s closing bell approached after another volatile day for U.S. markets but ended at a loss of 0.531 points to 73.407. Both the GovCon Index and S&P 500 composite index were down a full percentage point in …

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John Urias to Retire as Oshkosh Defense President in February; Wilson Jones Comments

John Urias will retire on Feb. 6 as executive vice president of Oshkosh Corp. (NYSE: OSK) and president of the firm’s defense segment. President and CEO Wilson Jones will head the defense segment until the company finds a replacement for Urias, who cited family health matters as reason for his retirement, Oshkosh …

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January 5 Market Close: GovCon Index Rides Afternoon Surge to 1% Gain in Volatile Trade

The GovCon Index bounced wildly in and out of positive territory Tuesday morning and sharply rose in the afternoon session to close at a gain of 1.259 percent to 76.801. The S&P 500 composite index turned negative in the early afternoon session from a volatile morning period then swung again …

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BAE, Northrop to Develop RF Countermeasure Platforms for Air Force C-130J Fleet

The U.S. Special Operations Command has awarded BAE Systems and Northrop Grumman (NYSE: NOC) separate contracts worth a combined $52.8 million to develop radio frequency countermeasure platforms for integration with the U.S. Air Force’s MC-130J Commando II and AC-130J Ghostrider aircraft. BAE Systems said Monday it will develop the RFCM system …

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Roundup of 2015: A Year Defined by Deals Ends w/ One in Congress & more

Roundup of 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson (This is the last edition of the Roundup for 2015. Thank you for your readership and participation, have a great Christmas & New Year’s and see you again in 2016.) $15 …

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Sikorsky Gets $145M Saudi Arabia MH-60R Helicopter Contract Modification

Lockheed Martin (NYSE: LMT) unit Sikorsky will manufacture MH-60R Seahawk multimission helicopters for Saudi Arabia under a three-year, $145.1 million contract modification from the U.S. Army. The Defense Department said Thursday that Sikorsky will provide 10 green MH-60Rs to the Royal Saudi Navy through the U.S.’ foreign military sales program. …

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Reports: US Govt Approves $2B Sale of Frigates, Weapons to Taiwan

The State Department has cleared a potential $1.83 billion foreign military sales agreement for Taiwan to procure two Ferry-class guided missile frigates and associated weapons from the U.S., Reuters reported Wednesday. David Brunnstrom and Patricia Zengerle write the department identified Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) as primary …

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Draper Lab Awarded Potential $393M Trident Missile Guidance Support Contract

The U.S. Navy has awarded Charles Stark Draper Laboratory a potential five-year, $393 million contract to help repair, test and maintain guidance systems and support equipment for Trident D5 missiles. Draper will also explore the use of technology to support Trident II guidance and re-entry platforms and a common missile compartment for the …

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Reuters: PAE Attracts Acquisition Offers From 3 Investment Firms

Three private equity firms have put forward bids to acquire Arlington, Virginia-based government services contractor PAE from owner Lindsay Goldberg, Reuters reported Friday. Mike Stone and Greg Roumeliotis write Apollo Global Management emerged as the leading bidder during a recent auction process and is currently in talks with Lindsay Goldberg for a potential acquisition …

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