The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions. Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Huntin...
Lockheed Martin (NYSE:LMT) and Raytheon (NYSE:RTN) have been awarded contract modifications worth a combined $649.7 million to continue to build Paveway II laser-guided bombs for the U.S. Air Force. The modifications extend the work’s performance period for five years through July 27, 2023, the Defense Depart...
TYSONS CORNER, VA, May 9, 2016 ” The U.S. Air Force has awarded Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) potential $6 million contracts to conduct feasibility studies on the production readiness of future GPS III satellites, ExecutiveBiz reported Friday. The Space and Missile Systems Center ...
TYSONS CORNER, VA, May 9, 2016 ” Lockheed Martin (NYSE: LMT) and the Federal Trade Commission have received an award from the American Council for Technology and Industry Advisory Council for their identity theft recovery website, Executive Gov reported Wednesday. The company said Tuesday ACT-IAC gave the Impacter Dynamite A...
TYSONS CORNER, VA, May 6, 2016 ” Sandia National Laboratories will continue to manage Energy Department regional test centers for the SunShot Initiative through another three years under a contract renewal awarded to Sandia Corp., ExecutiveBiz reported Thursday. The RTCs work to evaluate the performance, economic viability and reliabi...
Lockheed Martin (NYSE: LMT) has been awarded a potential five-year, $424.2 million to provide threat radar emitter simulation technology and services for a U.S. Navy aircrew warfighter training program. The Defense Department said Thursday the company will also build peripheral simulation equipment under the Navy’s Aircrew Electronic Warfare T...
TYSONS CORNER, VA, May 4, 2016 ” Sikorsky, a subsidiary of Lockheed Martin (NYSE: LMT), has concluded the preliminary design review of the HH-60W Pave Hawk air vehicle under the Combat Rescue Helicopter program, ExecutiveBiz reported Tuesday. Lockheed said Monday the program will now proceed to air vehicle and logistics system detaile...
The Naval Air Systems Command has awarded Lockheed Martin (NYSE: LMT) a $1.3 billion contract modification to deliver 13 F-35 low-rate initial production fighter planes to the U.S. Navy, Marine Corps and Air Force. The Defense Department said Monday the obligated amount of $311.9 million at the time of award is from the three service branc...
A Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) joint venture has secured a potential $116.7 million contract to produce fire control radar systems for India through a foreign military sales deal. Longbow LLC will also support the U.S. Army‘s Apache Attack Helicopter Project Management Office under the firm-fixed-...
TYSONS CORNER, VA, April 28, 2016 ” Rick Ambrose, executive vice president of the space systems business at Lockheed Martin (NYSE: LMT), believes the integration of defense and commercial systems works to support the future space requirements of government, ExecutiveBiz reported Tuesday. Ambrose told Space News in an interview p...
