Search Results for: Lockheed

Air Force Opens New Competition for GPS III Satellites

The U.S. Air Force has opened the door to more industry competition for the branch’s Global Positioning System III satellite program. A June 4 FedBizOpps post by the Air Force encourages contractors to submit ideas on production methods for 22 succeeding GPS III space vehicles and associated navigation payloads. Lockheed …

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Navy Grants HP $138M Continuance for NMCI to NGEN Transition

The Navy has granted Hewlett Packard Enterprise Services a continuance of $138 million for a continuum of their services contracts issued to the Navy Marine Corps Intranet (NMCI) providing an additional quarter-year of IT service. The 2010 contract, an award of $5.6 billion with an expiration date originally set for …

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Byron Callan: 5 Defense Firms Collectively Spent $4B on R&D Projects in 2013

Data compiled by Capital Alpha Partners analyst Byron Callan shows that five U.S. defense firms collectively spent $800 million more on research and development last year than they did in 2012, C4ISR & Networks reported Wednesday. The publication reports that Boeing (NYSE: BA), L-3 Communications (NYSE: LLL), Lockheed Martin (NYSE: …

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On Heels of Kubasik Hire, Seabury Group Continues Aerospace Push With 2 New Managing Directors

Brian Karpiel and Antares Reis have elevated to managing director roles at Seabury Group as the firm looks to bolster its investment banking operations in the aerospace sector. Karpiel will lead the aerospace investment banking division from New York, manage its mergers and acquisition activity and sponsor coverage activities, Seabury said Monday. Reis …

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Navy Awards Seven Spots on $877M Training Services IDIQ

The U.S. Navy has awarded positions on a potential five-year,  $876, 934, 815 contract vehicle to seven companies for training support services under the Joint Force Development program. Eight offers were submitted to the Naval Supply Systems Command’s Fleet Logistics Center Norfolk for the cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity program, the Defense Department said Thursday. …

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Germany, US Ink $250M Foreign Sales Deal for Orion Computer Equipment

The U.S. State Department has approved a proposed $250 million foreign military sales agreement with Germany, where the U.S. would provide hardware and software for eight Lockheed Martin-built (NYSE: LMT) P-3C aircraft owned by Germany. Lockheed and General Dynamics (NYSE: GD) are the prime contractors for the sales deal, through …

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KippsDeSanto: Aerospace, Defense M&A Deals Eye Power Distribution Sector

KippsDeSanto believes UEC Electronics’ acquisition of defense and security products provider Arotech shows that aerospace and defense companies are looking to power distribution and management technologies for mergers-and-acquisition deals. The deal also demonstrates an attraction towards budgeted and long-term programs that support industry and military initiatives, the investment bank said Thursday. …

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Ed Abner Joins IntelliDyne as COO, EVP

Ed Abner, formerly CEO of executive management consultancy firm Achievence,  has joined IntelliDyne as chief operating officer and executive vice president following Bill Maguire’s move to an early-stage clean power generation company in California. IntelliDyne said Thursday Abner will be in charge of business development, operations,  bid and proposal, internal information technology units and …

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Neal Tomblyn Joins Capstone Corporation as SVP of Business Development; Rich White Comments

Neal Tomblyn has joined Capstone Corporation’s executive team to oversee the company’s growth and marketing strategy as senior vice president of business development, marketing and communications. The more-than-35-year business development and marketing leader most recently served as director of business development for Lockheed Martin‘s transportation solutions business, where he provided …

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Orlando Carvalho: South Korea, US Could Ink Finalized F-35 Agreement This Year

South Korea has decided to acquire Lockheed Martin-built (NYSE: LMT) F-35 fighter jets through a foreign military sales process with the U.S. The South Korean government evaluated and selected the F-35 Lightning II aircraft under that country’s F-X fighter acquisition program, Lockheed said Monday. Orlando Carvalho, Lockheed executive vice president …

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