Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions from the company’...
Lockheed Martin (NYSE: LMT) unveiled revised full-year earnings and revenue guidance that exceeded Wall Street’s expectations Monday in the defense contractor’s first financial statement since the Aug. 16 spinout and merger of its former government services segment into Leidos Holdings (NYSE: LDOS). GovCon Index̵...
Erich Sanchack, formerly vice president of competitive enhancements at Lockheed Martin (NYSE: LMT), has been named senior VP of federal sales at CenturyLink (NYSE: CTL) in a move that takes effect Nov. 1. CenturyLink said Tuesday he will succeed Tim Meehan, who will transition to a new role as VP of ...
Paul Lundstrom, formerly vice president of investor relations at United Technologies Corp. (NYSE: UTX), has been appointed chief financial officer and vice president of finance at Aerojet Rocketdyne (NYSE: AJRD). Lundstrom will succeed the departing CFO Kathy Redd on Nov. 7 and will report directly to President and CEO Eileen Drake through the ...
James Trainor, formerly assistant director of the cyber division at the FBI, has joined Aon™s (NYSE: AON) risk solutions business as senior vice president of cyber solutions group. Aon said Monday Trainor will work through Aon Risk Solutions™ office in New York and help the company establish a cyber strategy for clients through collaborati...
Jason Smith, former president of Rolls-Royce‘s nuclear business, has been named chief operations officer at Inmarsat. He succeeds Ruy Pinto, who vacated his post at Inmarsat to “pursue new interests, ” the satellite communications services provider said Monday. Inmarsat CEO Rupert Pearce said Smith’s appo...
Executive Mosaic’s GovCon Index held higher Monday with large prime contractors the top advancers to offset a large decline by Rockwell Collins (NYSE: COL) on flat revenue guidance for its current fiscal year as U.S. stocks advanced on deal activity and new earnings reports. GovCon Index gainers outnumbered laggers at a 5-to-1 ratio ...
Rockwell Collins (NYSE: COL) reported fourth quarter and full fiscal year 2016 earnings figures above Wall Street’s expectations Sunday as the avionics company embarks on its largest-ever acquisition. GovCon Index-listed Rockwell Collins said July-September earnings were $1.58 per share versus analyst forecasts of $1.57 while full-ye...
Honeywell International (NYSE: HON) reported third quarter earnings that met analysts’ forecasts with revenue above Wall Street’s outlook before markets opened Friday nearly a week after the industrial conglomerate lowered full-year financial guidance in part on declines in its aerospace division. The GovCon Index– and S&...
Battelle has won positions on a pair of indefinite-delivery/indefinite-quantity contracts worth up to $182 million combined to support the Federal Highway Administration‘s highway operations, traffic management and road safety programs. The nonprofit can bid on projects that cover connected vehicles research, work zones, co...
