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Tag Archives: international

Lockheed, Raytheon CEOs Highlight Intl Sales Environment Amid Oil Price Headwinds & Incoming Trump Administration

The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defense. Both CEOs told …

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Former Honeywell Defense & Space Chief Carey Smith Joins Parsons as Federal Unit Head

Carey Smith, former president of Honeywell‘s (NYSE: HON) defense and space business, has joined Parsons Corp. as president of the Pasadena, Calif.-based engineering and infrastructure services contractor’s U.S. federal business unit. Parsons said Tuesday Tom Roell will return to his full-time post as vice chairman and chief risk adviser after …

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October 25 Market Close: GovCon Index Ends 2-Week Stay Below 80; Lockheed Posts Best Day in 7 Years on Upbeat Guidance

Executive Mosaic’s GovCon Index closed above 80 points Tuesday for the first time in two weeks despite declines in the larger U.S. stock market after Lockheed Martin (NYSE: LMT) posted its best one-day advance in seven years surged on upbeat financial outlooks for this year and 2017 to lead all GCI gainers. GovCon Index …

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Lockheed Boosts Intl Sales Goal to 30% on F-35, Missile Defense Prospects

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 …

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FMS Program Head Joe Rixey to Headline Global Weapons Trade Discussion Forum for Potomac Officers Club

The top uniformed officer over the U.S. government’s foreign military sales program will keynote an Aug. 3 breakfast forum hosted by Executive Mosaic’s Potomac Officers Club in Falls Church, Virginia to discuss the global arms trade’s current environment and the role of domestic industry in efforts to help defense agencies support …

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Peter Ruddock Appointed CEO of Lockheed’s UK Arm; Stephen Ball to Retire

Peter Ruddock, business development director for Lockheed Martin‘s (NYSE: LMT) subsidiary in the U.K., will elevate to the chief executive role there on Jan. 2,  2016. The company said Wednesday he will oversee more than 3, 000 employees across 21 sites for the London-headquartered Lockheed Martin UK subsidiary. Ruddock will …

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Raytheon 4Q Revenue Up 5%, Profit Jumps 10%

Raytheon (NYSE: RTN) has announced financial results for the fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. The Waltham, Mass.-based defense technology maker posted a 4.7-percent increase in revenue to $6.14 billion from the prior year period and a 9.9-percent growth in revenue to $586 million from …

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Lockheed Reports 9% Revenue Spike in 4Q With F-35, Int’l Sales Growth

Lockheed Martin (NYSE: LMT) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. Revenue for the fourth quarter increased 8.6 percent year-over-year and the company reported a modest revenue gain of two-thirds a percent for the full fiscal year. The company attributed the increase for …

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Steven Hile Appointed CFO at Sterling Global

Steven Hile, formerly chief financial and chief operating officer at energy services provider EnergX, has joined Sterling Global Operations as CFO. The company said Friday that Hile brings both commercial business and government market experience to SGO as the company seeks to grow its footprint in regions such as Africa …

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Steve O’Bryan Named Lockheed VP of Strategy and BD; Paul Lemmo Comments

Steve O’Bryan has been appointed vice president of strategy and business development at Lockheed Martin [NYSE:LMT] where he succeeds Rick Kirkland, effective June 30, Lockheed said Tuesday. Also, Jack Crisler will help lead Lockheed’s F-35 program as he succeeds O’Bryan as VP of BD and strategic integration, the company said. “In their …

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