Search Results for: lockheed martin

June 8 Market Close: GovCon Index Dips, Transport Losses Weigh on US Markets

The GovCon Index retreated Monday with a decline of 0.462 points to close at 75.485. A 1.7-percent drop in the Dow’s transport segment sent U.S. stocks down during Friday’s session as investors continued to speculate on the timing of the Federal Reserve‘s next interest rate increase, according to CNBC. The …

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State Dept Approves $146M Lebanon Hellfire Missile Sale

The State Department has cleared a potential sale to Lebanon of $146 million in Lockheed Martin-built (NYSE: LMT) Hellfire II missiles and related components. The Defense Security Cooperation Agency said Thurday that Lebanon is buying 1, 000 AGM-114 missiles along with containers, spare and repair parts, support equipment, technical documentation …

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Stephanie Hill Seeks Out Industry for Early Start Versus STEM Talent Shortage

TYSONS CORNER, VA June 4, 2015 — ExecutiveBiz reported Wednesday on Lockheed Martin‘s (NYSE: LMT) Stephanie Hill urging industry leaders to do more to engage and encourage youngsters into taking up science, technology, engineering and mathematics subjects and considering STEM careers to help fill the burgeoning demand for STEM talent. “We …

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June 1: GovCon Index Rises, Stocks Gain on Manufacturing Data

The GovCon Index started the week with a close in positive territory — a gain of 2.498 points, or 3.361 percent, to end the day at 76.805. Rockwell Collins (NYSE: COL), the Iowa-based avionics maker, replaced the Exelis as an Index company Monday to maintain the number of listed companies at 30. U.S. stocks climbed after …

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Saft to Provide Specialty Batteries for Joint Light Tactical Vehicle

TYSONS CORNER, VA May 21, 2015 — ExecutiveBiz reported Wednesday on Saft’s selection as the Li-ion battery provider for Lockheed Martin’s (NYSE: LMT) Joint Light Tactical Vehicle program. Saft said Tuesday its selection for the production phase of the next-generation lightweight vehicles comes eight months after its completion of the production readiness …

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State Dept Clears $2B in Saudi MH-60R Helicopter, Turkey Phalanx Gun System Sales

The State Department has approved approximately $2.2 billion in requests from Saudi Arabia and Turkey to purchase military equipment from the U.S. under foreign military sales agreements. Saudi Arabia has asked the U.S. for $1.9 billion in MH-60R multimission helicopters, equipment and logistics services in a transaction that sees Sikorsky Aircraft and Lockheed Martin …

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State Dept OKs $2B Bomb Guidance Kit Sale to Israel

The State Department has cleared a potential $1.879 billion foreign military sale of Boeing-built (NYSE: BA) Joint Direct Attack Munition tail kits and related equipment, parts and logistics services to Israel. Israel ordered 14, 500 KMU-556C/B JDAM kits with GBU-39, BLU-113 and Mk-80 series bombs, Hellfire and Advanced Medium Range …

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Report: UTC in Talks With Potential Sikorsky Buyers

United Technologies Corp. (NYSE: UTX) has begun discussions with other companies about a potential sale of UTC’s Sikorsky Aircraft subsidiary, the Wall Street Journal reported Tuesday. Citing several sources, Dana Mattioli and Ted Mann write that Airbus Group, Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are considering making offers …

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20 Companies Win Spots on $8B NETCENTS-2 Infrastructure Services IDIQ

Twenty companies have landed spots on a potential $7.9 billion contract to provide network operations and infrastructure support services across the U.S. Air Force enterprise. Contractors will compete to perform work during the three-year ordering period for this portion of the Network-Centric Solutions-2 program, the Defense Department said Friday. The …

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Army Awards $1B Equipment Support IDIQ Spots to 20 Companies

Twenty contractors will compete to perform equipment-related services for the U.S. Army under an eight-year indefinite delivery/indefinite quantity contract worth $1.1 billion. The Army Contracting Command received 24 proposals for the order-dependent contract and the winning vendors are scheduled to complete work on May 13, 2023, the Defense Department said …

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