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TYSONS CORNER, VA, Dec. 13, 2016 ” Lockheed Martin (NYSE: LMT) will update the U.S. Air Force‘s GPS satellite ground control system to support GPS Block III satellite operations as part of the completed Contingency Operations contract, ExecutiveBiz reported Monday. The company said Monday the modification is designed to allow th...

TYSONS CORNER, VA, Dec. 13, 2016 ” The scheduled launch of a NASA hurricane-monitoring satellite system aboard an Orbital ATK (NYSE: OA) Pegasus rocket has been postponed to Dec. 14 due to an issue in the Stargazer L-1011 carrier plane, ExecutiveBiz reported Tuesday. The publication previously reported Monday the space ...

TYSONS CORNER, VA, Dec. 12, 2016 ” A report from Deloitte suggests possible strategies derived from merger-and-acquisition activities in the private sector that could be applied to the next U.S. president’s government transition and integration efforts, ExecutiveBiz reported Friday. Deloitte said Thursday its...

TYSONS CORNER, VA, Dec. 12, 2016 ” The U.S. and India are working on a deal to establish manufacturing hubs for Lockheed Martin (NYSE: LMT) F-16 and Boeing (NYSE: BA) F/A-18 fighter jets in India, ExecutiveBiz reported Friday. The Washington Post reported Monday the Indian government seeks to co-produce both t...

TYSONS CORNER, VA, Dec. 12, 2016 ” BAE Systems plans to spend $508 million to revive an industry-led project that seeks to establish regulations and technologies for the integration of unmanned air vehicles into the U.K.’s national airspace, ExecutiveBiz reported Friday. FlightGlobal reported Tuesday the company w...

TYSONS CORNER, VA, Dec. 12, 2016 ” A General Atomics subsidiary has commenced flight testing for a new MQ-1C Gray Eagle Extended Range unmanned aircraft system at the company’s flight operations hub in California,  ExecutiveBiz reported Friday. General Atomics Aeronautical Systems is scheduled to co...

Shares in Lockheed Martin (NYSE: LMT) traded down approximately 5 percent as noon Eastern time approached Monday after President-elect Donald Trump criticized the F-35 Joint Strike Fighter program on Twitter in the early morning hours. “The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and...

Executive Mosaic™s GovCon Index closed Friday up 0.476 percent to 90.426, with gainers outnumbering laggers by a 2-to-1 ratio, as the climb of defense stocks continues following the election of Donald Trump. McKesson Corp. (NYSE: MCK) was the GCI™s top net advancer while Science Applications International Corp. (NYSE: SAIC) was the top per...