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...
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...
