TYSONS CORNER, VA, June 1, 2016 ” Sandia National Laboratories, which is operated by Lockheed Martin‘s (NYSE: LMT) Sandia Corp. subsidiary, has unveiled the first women to join its career development program for injured veterans, GovCon Executive reported Tuesday. Sandia said Thursday the women will undergo training and mentorin...
A subsidiary of Lockheed Martin (NYSE: LMT) has won a potential $424.7 million contract to build guidance and control systems for the U.S. Navy™s heavyweight torpedoes. Sippican will also provide MK 48 Mod 7 Common Broadband Advanced Sonar System upgrade tools, test equipment, spares and production materials, hardw...
TYSONS CORNER, VA, May 20, 2016 ” Lockheed Martin (NYSE: LMT) has said NASA can use a manned spacecraft orbiting Mars as a platform to send humans to the planet by the 2030s as part of the company’s Mars Base Camp concept, ExecutiveBiz reported Thursday. Popular Science reported Wednesday that Lockheed is working to introdu...
Lockheed Martin (NYSE: LMT) will provide the U.S. Army various rocket pods for Israel, Finland, Jordan and Singapore under a $331.8 million foreign military sales contract. The Defense Department said Thursday Lockheed’s missile and fire control business will supply 290 Guided Multiple Launch Rocket System alternative ...
The GovCon Index felt the pressure from U.S. investor worries about a potential interest rate hike in June and closed at a decline of 0.520 points to 77.071. CAE (NYSE: CAE) was one of the GovCon Index’s lone bright spots with a gain of 2.65 percent after the Montreal-based aerospace and defense contractor posted full-year and f...
Sikorsky Aircraft, a subsidiary of Lockheed Martin (NYSE: LMT), has received a contract modification worth $88 million from the U.S. Army for the delivery of eight additional UH-60M Black Hawk helicopters. The modification exercises an option on a previously awarded contract, the Defense Department said Wednesday. Army Contracting Com...
The State Department has cleared United Arab Emirates’ request to purchase a suite of Lockheed Martin-built (NYSE: LMT) AGM-114 R/K Hellfire Category III Missiles through a $476 million foreign military sales agreement with the U.S. government. Lockheed’s missile and fire control business will serve as the prime contractor on&n...
Lockheed Martin (NYSE: LMT) has received a $321.8 million contract from the U.S. Navy to support the integration and test phase of the Long Range Anti-Ship Missile program. The Defense Department said Friday such a contract would complete all remaining efforts to design LRASM’s hardware and software, retire o...
The GovCon Index held lower throughout Friday trade in a reflection of dim sentiment in U.S. markets and closed down 1.052 percent to 77.038 with many of the GCI’s largest prime contractors as the biggest decliners after a nearly four-day stretch as the drivers of gains. Friday’s close puts the Index at a loss of 0.155&nbs...
TYSONS CORNER, VA, May 13, 2016 ” Denmark plans to place an order worth approximately $3 billion for the Lockheed Martin-built (NYSE: LMT) F-35 fighter jet as replacement for the country’s F-16 fleet, ExecutiveBiz reported Thursday. Defense News reported Thursday the potential foreign military sale covers 27 F-35s to support nat...
