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Search Results for: Lockheed

Lockheed Receives $88M Navy Trident II Missile Support Contract Modification

Lockheed Martin (NYSE: LMT) has received an $88 million contract modification from the U.S. Navy to provide Trident II D5 missile field processing and deployed system support. The Defense Department said Monday the military branch issued the modification to  fund work and exercise contract options under a previously awarded contract. Work will occur …

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December 19 Market Close: GovCon Index Higher on Lockheed & Prime Gains, US Stocks Up With Caution on Global Turmoil

Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 ratio and …

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Collinear to Commercialize Lockheed Wireless Data Transmission Tech; Rick Ambrose Comments

TYSONS CORNER, VA, Dec. 19, 2016 — Lockheed Martin (NYSE: LMT) and Collinear Networks have entered into a partnership in efforts to commercialize wireless transmission technology over a period of more than two years, ExecutiveBiz reported Friday. Collinear has worked to develop a Lockheed-built hybrid point-to-point wireless transmission platform and will have …

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Lockheed’s Venture Capital Arm Buys Minority Stake in Chip Maker IQ-Analog

Lockheed Martin (NYSE: LMT) has purchased a minority stake in San Diego-based semiconductor firm IQ-Analog for an undisclosed amount through the former’s venture capital arm, the Wall Street Journal reported Thursday. Doug Cameron writes the move is part of Lockheed’s efforts to tap emerging technology firms as the Defense Department seeks technology …

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Navy Awards Lockheed $181M F-35 Logistics, Sustainment Contract Modification

The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) aeronautics business a $181.2 million contract modification to perform recurring logistics and sustainment work on F-35 fighter jets for U.S. and foreign military customers. The modification covers ground maintenance, action request resolution, depot activation, operations and maintenance, reliability, maintainability and health management implementation and …

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Lockheed Martin Completes Encapsulation of EchoStar XIX Broadband Satellite

TYSONS CORNER, VA, Dec. 14, 2016 — Lockheed Martin (NYSE: LMT) has completed the encapsulation of the EchoStar XIX broadband satellite in anticipation of its Dec. 18 launch aboard United Launch Alliance‘s Atlas V 431 rocket, ExecutiveBiz reported Tuesday. The encapsulation required the satellite to be connected to an adapter and enclosed in a …

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DigitalGlobe Shares First Image From WorldView-4 Satellite; Lockheed’s Carl Marchetto Comments

TYSONS CORNER, VA, Dec. 14, 2016 — DigitalGlobe (NYSE: DGI) has shared the first image captured by the Lockheed Martin-built (NYSE: LMT) WorldView-4 satellite that was launched in November from Vandenberg Air Force Base, ExecutiveBiz reported Tuesday. Lockheed said Monday the WorldView-4 is designed to take photos with 30-cm resolution …

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Lockheed Martin to Update Air Force GPS Satellite Ground Control System

TYSONS CORNER, VA, Dec. 13, 2016 — Lockheed Martin (NYSE: LMT) will update the U.S. Air Force‘s GPS satellite ground control system to support GPS Block III satellite operations as part of the completed Contingency Operations contract, ExecutiveBiz reported Monday. The company said Monday the modification is designed to allow the ground …

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December 12 Market Close: GovCon Index Closes Down 1% After Trump F-35 Tweet, Lockheed Falls 2%

Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened. The GovCon Index traded down 2 percent shortly before 12 p.m. Eastern …

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