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...
A joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) has received a potential $89.8 million contract to update the fire control radar systems on the U.S. Army™s Apache helicopters. Longbow LLC will perform software updates and build 84 radar electronics units under the contract, Lockheed said ...
The U.S. Special Operations Command has awarded a $170 million contract to Battelle for the procurement of non-standard commercial vehicles and a $166 million contract to Lockheed Martin (NYSE: LMT) to develop a dry combat submersible system for USSOCOM. Battelle will configure trucks and sport utility vehicles for the ...
Lockheed Martin (NYSE: LMT) has received $99 million in delivery orders to provide Sniper Advanced Targeting Pods, spares and upgrade services to Belgium, Norway, Pakistan, Poland, Romania, Saudi Arabia, Taiwan, Thailand,  Turkey and the Netherlands through the foreign military sales program. The orders come under a potential...
TYSONS CORNER, VA, July 11, 2016 ” CAE (NYSE: CAE) will supply flight simulation equipment and provide training support to the U.K. and Canadian military under separate contracts from Lockheed Martin (NYSE: LMT) and a subsidiary of L-3 Communications (NYSE: LLL), ExecutiveBiz reported Thursday. Lockheed chose CAE to provide flight training devi...
July 5 – July 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Americans everywhere celebrated the country™s 240th birthday Monday and those interested in the U.S. space program had another reason to cheer as NASA™s Juno vehicle arrived inside Ju...
Lockheed Martin (NYSE:LMT) has secured a five-year, $504.3 million contract extension for in-service support to the Canadian air force’s fleet of C-130J Super Hercules aircraft. The company said Thursday it will continue to lead performance-based logistics for the operations, sustainment and maintenance of the 17-unit CC-13...
Lockheed Martin (NYSE: LMT) and United Technologies Corp.™s (NYSE: UTX) Pratt & Whitney subsidiary have received contracts from the U.S. Navy for lot 10 low-rate initial production of F-35 Lightning II aircraft and its F135 propulsion system. Pratt & Whitney secured a potential three-year, $1.5 billion contract modif...
