TYSONS CORNER, VA, July 28, 2016 ” Lockheed Martin (NYSE: LMT) and its partners Purdue University, New Mexico State University and the New Mexico Institute of Mining and Technology will bid on a potential 10-year, $2.9 billion contract to manage and operate Sandia National Laboratories, ExecutiveBiz reported Tuesday. The university pa...
TYSONS CORNER, VA, July 26, 2016 ” Lockheed Martin (NYSE: LMT) will provide a cybersecurity update for the U.S. Navy‘s fleet ballistic missile information technology applications and systems under an $8.34 million contract modification, ExecutiveBiz reported Monday. The Defense Department said Friday the contract also covers a h...
Executive Mosaic’s GovCon Index closed at an all-time high for the sixth time in eight sessions Wednesday on a mix of strong performances from middle-tier platform and product makers plus predominantly services-oriented contractors. The GovCon Index gained 0.328 points to 82.193 with nine of the GCI’s 11 S&a...
Lockheed Martin (NYSE: LMT) has been awarded a $241.8 million contract modification by the U.S. Navy to procure diminishing manufacturing sources electronic parts for F-35 production facilities in the U.S. and abroad. The Defense Department said Tuesday work under the modification will support F-35 production through the fighter ...
Executive Mosaic’s GovCon Index scored a gain in choppy trade Tuesday on help from defense prime stocks such as Lockheed Martin (NYSE: LMT), which posted second quarter earnings and sales above analyst expectations but issued some caution to analysts on future earnings and the F-35 program. The GovCon Index closed up 81.865 points to 0.27...
Lockheed Martin (NYSE: LMT) envisions further reductions in its outstanding share count after the merger of its information systems and global solutions business into Leidos Holdings (NYSE: LDOS) completes on its scheduled closure date of Aug. 16, Lockheed Chief Financial Officer Bruce Tanner told investors Tuesday. Tanner’s com...
TYSONS CORNER, VA, July 19, 2016 ” Lockheed Martin‘s (NYSE: LMT) Systems Made Simple subsidiary has received recognition from the Association of Management Consulting Firms for the company’s support for the Department of Veterans Affairs‘ My HealtheVet sustainment program, GovCon Executive reported Thursday. Systems ...
Lockheed Martin (NYSE: LMT) lifted full-year earnings and revenue guidance Tuesday and exceeded analysts’ second quarter estimates for both figures on sales from the Sikorsky helicopter business acquired in November as negotiations between the company and U.S. government continue on the next two F-35 fighter jet batches. Bethesd...
Executive Mosaic’s GovCon Index traded lower Monday and the U.S. stock bellwether S&P 500 composite index closed at a new all-time record as investors mulled new second quarter earnings reports as many GCI companies prepare to state their April-June results. The GovCon Index closed down 0.233 points to 81.586 with four ...
TYSONS CORNER, VA, July 14, 2016 ” Lockheed Martin (NYSE: LMT) will expand its spacecraft technology processing operations in Florida through a facility run by its Astrotech Space Operations subsidiary, ExecutiveBiz reported Wednesday. The Economic Development Commission of Florida’s Space Coast said Tuesday the expansion i...
