Search Results for: lockheed martin

State Dept. Approves $5.4B Saudi PAC-3 Missiles Sale

Saudi Arabia has placed an order for Patriot Advanced Capability-3 missiles, equipment and associated services by Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) through a $5.4 billion foreign military sales deal with the U.S. government. The State Department cleared the possible sale of 600 PAC-3s plus test missiles, telemetry …

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Wyle Laboratories Lands $1.44B Biomedical Research, Health Support Contract With NASA

Wyle Laboratories has been awarded a potential 10-year, $1.44 billion contract to provide occupational health and biomedical research services for all spaceflight platforms at NASA’s Houston-based Johnson Space Center. NASA said Wednesday the contract covers support for the space agency’s human health and performance directorate at Johnson, which oversees health …

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GKN to Acquire Dutch Aircraft Manufacturer Fokker for $780M

GKN has agreed on the estimated $779.6 million acquisition of Arle Capital‘s Fokker Technologies company as part of GKN’s efforts to establish its business as a global supplier to the aerospace sector. GKN said Tuesday its aerospace business will absorb Fokker as an operating unit following the close of the acquisition scheduled …

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July 27 Market Close: GovCon Index, US Stocks Dip After China Market Losses

The GovCon Index fell into negative territory for the fifth consecutive trading session Monday with a loss of 0.681 points to close at 74.202. Data that showed industrial profits declined in China during June sent that country’s stock markets to losses for that country’s Monday session and U.S. stocks responded in turn …

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July 20 Market Close: GovCon Index, US Stocks Slightly Up as Investors Digest Earnings

The GovCon Index closed in neutral territory Monday with a nominal gain of 0.040 points to 77.143. Lockheed Martin‘s (NYSE: LMT) stock price jumped nearly 2 percent after the company said it would examine a separation of its information technology and technical services business and its agreement to purchase helicopter manufacturer Sikorsky Aircraft from United …

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DIA Picks 50 for Potential $6B Enterprise IT Services IDIQ

The U.S. Defense Intelligence Agency has selected 50 companies to compete for task orders to provide information technology support services to defense and intelligence agencies under a potential five-year, $6 billion contract vehicle. DIA said Friday it received 77 proposals for the Enhanced Solutions for the Information Technology Enterprise program …

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State Dept OKs South Korea’s Request for $2.5B in F-16 Upgrade Services

South Korea plans to modernize the country’s KF-16 fighter aircraft fleet through a potential $2.5 billion foreign military sales deal approved by the U.S. State Department. Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) will be the prime contractors for the planned modernization of 134 KF-16C/D Block 52 jets, …

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July 13 Market Close: GovCon Index, US Stocks Rise in Tandem After Greece Pact

The GovCon Index extended its gains from the previous two trading days into Monday with a rise of 1.06 percent to close at 76.396 as U.S. markets welcomed reports over a deal between Greece and its creditors. CNBC reports that pact would keep Greece in the Euro zone and get financial aid in return …

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Navy Picks 7 Firms to Help Design, Build Unmanned Marine Tech

Seven companies will compete for task orders under a U.S. Navy contract to produce hardware and software for unmanned maritime systems intended to detect mines. The Defense Department said Monday the potential three-year indefinite-delivery/indefinite-quantity contract could run through July 5, 2018 and covers design, fabrication, installation, test and evaluation, fielding, …

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Systems Made Simple Lands VA Caregiver, Payroll Support Contracts; Horace Blackman Comments

Systems Made Simple has been selected to sustain the Department of Veterans Affairs’ caregiver application tracker in an effort to address the growing requirements of caregivers. The CAT system works to provide resources to the caregivers who conduct in-home healthcare services for veterans through the caregiver support program, Systems Made …

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