Search Results for: lockheed martin

Navy Sets October At-Sea Tests for F-35C Onboard USS Eisenhower

TYSONS CORNER, VA August 24, 2015 — The U.S. Navy has set a timetable for the next phase of at-sea testing of the F-35C Lightning II, the carrier variant of Lockheed Martin’s (NYSE: LMT) fifth-generation joint strike fighter, ExecutiveBiz reported Friday. The upcoming sea trials will be held onboard the USS …

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Air Force Picks 22 Companies for $490M Contract Under ‘Agile Acquisition’ Program

The U.S. Air Force has awarded spots on a $490 million indefinite-delivery/indefinite-quantity contract under the Agile Acquisition program to 13 large businesses and nine small businesses. The Defense Department said Thursday the contract covers pre-program, technology development, engineering, manufacturing and production activities for new-build or modified systems. Ten large business and 13 …

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Eric Wieman Joins A-TEK as COO, EVP; Kathryn Freeland Comments

Eric Wieman, formerly senior vice president and general manager of the civil sector at STG, has joined Maryland-based information technology contractor A-TEK as chief operating officer and executive VP. Wieman will collaborate with A-TEK CEO Kathryn Freeland in tactical and policy framework implementation, A-TEK said Monday. He will also oversee corporate development, operations …

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Weekly Roundup Aug 10 – Aug 14 2015

Weekly Roundup Aug 10 – Aug 14 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Second quarter earnings season has concluded for many GovCon firms and all five of the industry’s most notable U.S.-based identities reported results that surpassed Wall Street analyst forecasts. …

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Boeing to Help Build Multi-Object Kill Vehicle System for MDA

Boeing (NYSE: BA) has been awarded a $9.8 million contract to help the Missile Defense Agency develop a proof-of-concept weapon platform for intercepting and destroying multiple target objects. The Defense Department said Thursday the company will also examine the Multi-Object Kill Vehicle technology’s readiness and demonstrate strategies to mitigate the …

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DRS Awarded 3 Contracts for Naval Vessels Work

TYSONS CORNER, VA August 12, 2015 — DRS Technologies (NYSE: DRS) has been awarded three contracts worth $170 million to provide various services on naval vessels, ExecutiveBiz reported Tuesday. The first is a Lockheed Martin (NYSE: LMT) subcontract to provide missile launch parts for the Navy’s MK41 Vertical Launching System, the second …

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25 Contractors Win Spots on $21B Air Force Training Systems IDIQ

The U.S. Air Force has awarded positions on a $20.9 billion multiple-award contract to 25 companies to support warfighter training systems at USAF operating locations globally. The Defense Department said Tuesday contractors will compete for individual orders to perform design, development, production, installation, analysis, integration, test and sustainment services under …

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Air Force Awards Three JSTARS Prototyping Contracts

Three industry teams have received $31.4 million in contracts to help the U.S. Air Force develop prototypes and risk reduction strategies for its future Joint Surveillance Target Attack Radar System aircraft, Defense News reported Friday. Aaron Mehta writes the military service awarded $9.9 million to Boeing (NYSE: BA), $10 million …

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Aegis System, SM-3 Missiles Undergo MDA Intercept Tests

TYSONS CORNER, VA August 5, 2015 — Defense and military officials concluded a round of intercept flight test events for the Aegis Ballistic Missile Defense System at the Pacific Missile Range Facility in Hawaii last week, ExecutiveBiz reported Tuesday. During the exercise, the USS John Paul Jones detected, tracked and engaged …

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August 4 Market Close: GovCon Index Down, US Stocks Dip on Apple Losses

The GovCon Index mirrored slight downturns in U.S. markets during Tuesday’s trading session as it closed with a decline of 0.054 points to 73.135. Investors reacted to losses in Apple (Nasdaq: APPL) as the iPhone maker at one point traded 3.5 percent below its Monday closing price of 118.44, CNBC reported. Apple’s stock …

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