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Sikorsky Aircraft, a subsidiary of Lockheed Martin (NYSE: LMT), has received a $158.4 million contract modification from the U.S. Army to exercise an option to manufacture an additional 14 UH-60 Black Hawk helicopters. The Defense Department said Tuesday the Army Contracting Command will obligate the full amount of the ...
Executive Mosaic’s GovCon Index held negative in a light trading session for U.S. stocks Tuesday as defense primes led GCI losses ahead of the July jobs report scheduled for release before markets open Friday. Tuesday’s decline represents the GovCon Index’s fifth decline over six days in a stretch driven by extended losse...
TYSONS CORNER, VA, Aug. 30, 2016 ” Lockheed Martin (NYSE: LMT) has provided the heat shield for the Orion crew module of NASA‘s Exploration Mission-1 and delivered the component to the Kennedy Space Center, ExecutiveBiz reported Monday. NASA said Saturday it then transported the heat shield to the Neil Armstr...
Lockheed Martin (NYSE: LMT) has been awarded a $147.1 million contract modification to complete upgrade work on close combat tactical trainer systems for the U.S. Army. The company will continue to provide engineering, testing, technical management, logistical and materials and equipment support services under the ...
A subsidiary of Lockheed Martin (NYSE: LMT) has won a potential 10-year, $5 billion contract to help the National Nuclear Security Administration manage and operate the Nevada National Security Site. NNSA said Friday it chose Lockheed subsidiary Nevada Site Science Support and Technologies Corp.‘s proposal for the follow-on NNSS M&am...
Lockheed Martin (NYSE: LMT) has received a $287.2 million contract modification to produce an additional five C-130J type aircraft for the U.S. Air Force. The Defense Department said Friday Lockheed will perform work in Marietta, Georgia, through Apr. 30, 2020. DoD noted the full obligated amount is from the Air Force’s fiscal y...
Lockheed Martin (NYSE: LMT) has received a potential one-year, $126.3 million contract modification to provide engineering and system support services for the U.S. Navy™s Integrated Submarine Imaging Systems program. The cost-plus-incentive-fee modification exercises an option on a previously awarded contract and covers development, design...
TYSONS CORNER, VA, Aug. 25, 2016 ” Lockheed Martin (NYSE: LMT) plans to move the manufacturing base for the company’s F-16 aircraft to India in efforts to secure a potential order of more than 150 fighter jets under a military modernization program by the Indian government, ExecutiveBiz reported Wednesday. Bloomberg reporte...
TYSONS CORNER, VA, Aug. 24, 2016 ” Leidos (NYSE: LDOS) will assume responsibility for the work previously held by Lockheed Martin (NYSE: LMT) under the National Science Foundation’s U.S. Antarctic Program, ExecutiveBiz reported Tuesday. NSF said Monday the transfer is part of Leidos’ merger with Lockheed’s information systems ...
TYSONS CORNER, VA, Aug. 23, 2016 ” The Lockheed Martin-built (NYSE: LMT) Origins, Spectral Interpretation, Resource Identification, Security-Regolith Explorer spacecraft is scheduled to launch Sept. 8 to begin its mission to collect samples from the asteroid Bennu, Executive Gov reported Monday. NASA said Thursday OSIRIS-REx will...
