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...
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...
