TYSONS CORNER, VA, Aug. 4, 2016 ” The Lockheed Martin-built F-35A has reached initial operational capability after completing system tests and meeting requirements set by the U.S. Air Force, Executive Gov reported Wednesday. The Air Force said Tuesday Gen. Hawk Carlisle, commander of the Air Combat Command, declared the F-35A ...
Huntington Ingalls Industries (NYSE: HII) exceeded the consensus analyst outlook for earnings per share in its second quarter financial statement released before U.S. financial markets opened Thursday with revenue down on lower volume on aircraft carrier and submarine activity. Military shipbuilder and GovCon Index-listed company ...
Cubic Corp. (NYSE: CUB) cut its full-year earnings outlook in fiscal third quarter financial results released Wednesday as the defense and transportation contractor expects increases to interest and financing costs on a new credit facility, tax expenses and a partial pension settlement plan in the fourth quarter. San Diego-based Cubic expe...
Leidos Holdings‘ (NYSE: LDOS) impending merger with the information systems and global solutions segment of Lockheed Martin (NYSE: LMT) seeks to both diversify customer mix and lower risk to potential spending downturns in fewer market areas for the future combined company, Leidos CEO Roger Krone told investors at the New ...
Boeing (NYSE: BA) has received three delivery orders worth a combined $984.3 million to provide spare parts for the U.S. Navy‘s fleet of F/A-18 Super Hornet multirole fighter planes. The orders were awarded by the Defense Logistics Agency‘s aviation unit under a potential 10-year, sole-source acquisition contract with Boeing, the De...
Bravura Information Technology Systems has won a potential four-year, $305.7 million contract to support the U.S. Army‘s tethered aerostat-based system for intelligence, surveillance and reconnaissance missions. The Army Contracting Command received four bids for the Persistent Surveillance Systems-Tethered s...
The U.S. Air Force has asked industry to submit proposals for the Ground-Based Strategic Deterrent intercontinentinal ballistic missile program and Long Range Standoff nuclear cruise missile system. The service branch said Friday it plans to award up to two contracts for the GBSD ICBM program in the fourth quarter of fiscal year 2017 and expect...
July 25 – July 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A new earnings season continued to dominate investors™ attention spans this week and those with keen interests in the aerospace, defense and government contracting sectors were no exception. Eleven ...
Lockheed Martin (NYSE: LMT) has secured a $67.6 million contract to engineer, manufacture and deliver automatic radar periscope detection and discrimination multi-mode radar kits to the U.S. Navy. The Defense Department said Thursday Lockheed’s mission systems and training business unit will produce up to 103 AN/APS-153(V)1...
Three government contractors listed in Executive Mosaic’s GovCon Index reported second quarter financial results before U.S. markets opened Wednesday. Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) both lifted full-year earnings and revenue guidance Thursday on second quarter results that topped the consensus analyst ou...
