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 ...
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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 a...
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 to show ...
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 th...
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 sh...
TYSONS CORNER, VA, Dec. 12, 2016 ” Lockheed Martin (NYSE: LMT) representatives have visited the city of Cheyenne in Wyoming to inspect local resources as the company pursues a U.S. Air Force program to update the country’s ballistic missile system and launch facilities, ExecutiveBiz reported Friday. Wyoming Tribune Eag...
TYSONS CORNER, VA, Dec. 12, 2016 ” The U.S. and India are working on a deal to establish manufacturing hubs for Lockheed Martin (NYSE: LMT) F-16 and Boeing (NYSE: BA) F/A-18 fighter jets in India, ExecutiveBiz reported Friday. The Washington Post reported Monday the Indian government seeks to co-produce both t...
Shares in Lockheed Martin (NYSE: LMT) traded down approximately 5 percent as noon Eastern time approached Monday after President-elect Donald Trump criticized the F-35 Joint Strike Fighter program on Twitter in the early morning hours. “The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and...
TYSONS CORNER, VA, Dec. 9, 2016 ” The U.S. Air Force will select two Air National Guard bases to host its Lockheed Martin-built (NYSE: LMT) F-35A Joint Strike Fighter jet, Executive Gov reported Thursday. The military service will choose from Dannelly Field Air Guard Station, Gowen Field Air Gu...
