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Tag Archives: Lockheed Martin Corp.

January 3 Market Close: GovCon Index Continues Strong 2016 Performance Into New Year

Executive Mosaic’s GovCon Index moved higher Tuesday on broad gains among defense primes  as U.S. stocks closed significantly higher with the Dow Jones Industrial flirting with the 20, 000 mark. GovCon Index gainers outnumbered laggards by a 3-to-1 ratio Tuesdayy and nine of its 11 S&P 500 components advanced with co-listed McKesson …

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Lockheed Receives $242M Navy Contract Modification for F-35 Electronic Components

Lockheed Martin (NYSE: LMT) has been awarded a $241.8 million contract modification by the U.S. Navy to procure diminishing manufacturing sources electronic parts for F-35 production facilities in the U.S. and abroad. The Defense Department said Tuesday work under the modification will support F-35 production through the fighter aircraft’s 15th lot. Lockheed will perform …

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$3.6B Apache Helicopter Sale to Korea Proposed; Boeing, Lockheed, Northrop JV Primes

The Republic of Korea has requested the purchase of 36 Apache helicopters worth $3.6 billion under the Foreign Military Sales program, the Defense Security Cooperation Agency announced Tuesday. DSCA said it had notified Congress of the possible sale with the government of Korea for AH-64D Apache Longbow Block III Attack …

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Lockheed Secures $353M for Rocket Launch Systems

Lockheed Martin Corp.’s (NYSE: LMT) missiles and fire control business recently won a $353, 191, 632 U.S. Army contract for multiple rocket launch systems, the Defense Department announced Wednesday. The contract follows an April award worth $79.4 million to design a variant of the guided multiple launch rocket system to incorporate into a …

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GAO: Lockheed Rightful $2B NSF Antarctic Program Winner

The Government Accountability Office has rejected a protest of Lockheed Martin Corp.’s (NYSE: LMT) win of a potential $2 billion contract with the National Science Foundation, Washington Technology reports. NSF awarded the contract in late December last year to support infrastructure for the U.S. Antarctic Program, a research program based at …

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Lockheed Wins $68M For GPS III Satellite R&D

Lockheed Martin Corp. (NYSE: LMT) has won a $67, 961, 418 contract to provide space engineering services to the U.S. Air Force, the Defense Department announced Friday. The Bethesda, Md.-based company will provide on-orbit research and development in support of GPS III space vehicles one and two. Work under the …

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Lockheed Wins $114M for F-35 Hardware, Software Work

Lockheed Martin Corp. (NYSE: LMT) has won $114, 184, 013 in U.S. Navy contract modifications to modify the F-35 jet’s baseline hardware and software, the Defense Department announced Friday. The company received a $68, 284, 013 modification to work on both the Air Force’s conventional takeoff and landing planes and …

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Lockheed Wins $126M Helicopter Avionics Foreign Sale

Lockheed Martin Corp. (NYSE: LMT) has won a $126, 512, 656 contract modification to provide the U.S. Navy with helicopter avionics systems and common cockpits. The Defense Department said the company’s mission systems and sensors unit will provide 24 systems and cockpits to support a foreign military sales agreement with …

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