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Tag Archives: Lockheed Martin

Lockheed, Abu Dhabi Firm to Provide Maritime Asset Sustainment Support to UAE Navy

TYSONS CORNER, VA, Feb. 27, 2017 — Lockheed Martin (NYSE: LMT) has signed a memorandum of understanding with Abu Dhabi Ship Building Company to provide sustainment support for the United Arab Emirates’ naval assets, ExecutiveBiz reported Friday. The MOU covers joint maintenance, repair and overhaul services for the UAE navy and other potential …

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Lockheed to Shift 650 Fleet Ballistic Missile Program Positions to Colorado, Florida; Rick Ambrose Comments

TYSONS CORNER, VA, Feb. 27, 2017 — Lockheed Martin (NYSE: LMT) has unveiled plans to relocate an estimated 650 positions under the Fleet Ballistic Missile program from California to Colorado and Florida by 2024, ExecutiveBiz reported Friday. The company said Thursday the move aims to build on skill sets, resources and infrastructure …

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February 24 Market Close: GovCon Index Up, Records 4th Straight Weekly Gain

Executive Mosaic’s GovCon Index closed higher Friday to end its fourth straight weekly gain as investors eyed defense stocks after President Donald Trump repeated his election campaign pledge to build up the military during a speech in Washington. U.S. equities also posted narrow gains and the benchmark S&P 500 composite index ended the …

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February 23 Market Close: GovCon Index Lower on Services & Industrial Declines

Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumbered advancers by a 5-to-1 ratio …

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Lockheed Martin Flies 2nd Trainer Aircraft in Push for T-X Program

TYSONS CORNER, VA, Feb. 23, 2017 — Lockheed Martin (NYSE: LMT) has completed the first flight test of its second production-ready T-50A trainer aircraft at the company’s final assembly and checkout facility in South Carolina, ExecutiveBiz reported Wednesday. The company said Monday it aims to offer the T-50A in the U.S. Air Force‘s T-X …

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Lockheed Martin to Supply Laser-Guided Training Rounds for Polish Military

TYSONS CORNER, VA, Feb. 22, 2017 — Lockheed Martin (NYSE: LMT) will produce laser-guided training rounds for Poland’s military under a $1.9 million contract from Megmar Logistics and Consulting, ExecutiveBiz reported Tuesday. This is Poland’s first procurement of the Enhanced Laser Guided Training Rounds under the F-16 Block 52+ laser-guided bomb …

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Govt Services Vet Tina Dolph Joins FCi Federal in EVP, GM Role

Tina Dolph, former president of ASRC Federal‘s information and technical solutions group and a 25-year government services veteran, has been named executive vice president and general manager of State Department programs at FCi Federal. FCi said Tuesday she will also explore potential market opportunities for the Ashburn, Virginia-based operations management and professional services contractor …

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February 17 Market Close: GovCon Index Sets 5th Straight Record Close on Boeing & Huntington Ingalls Lifts

Executive Mosaic’s GovCon Index crawled to a fifth straight record close Friday to extend its current stretch of weekly gains to three and record a five-day advance of 2.72 percent . The U.S. stock benchmark S&P 500 also inched to a record close for a weekly gain of more than 1 percent despite investor …

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Weekly Roundup February 13 – February 17 2017: Our 4 Four-Time Wash100 Selections & more

Weekly Roundup February 13 – February 17 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As part of the continuing rollout of our 2017 Wash100 class, this week we want to highlight a select group of executives who continually shape the government contracting …

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Airbus Secures $212M Contract to Build ESA’s 2nd Orion Spacecraft Service Module

Airbus‘ defense and space business has been awarded a potential $212 million contract by  the European Space Agency to produce a second service module for the Orion spacecraft that Lockheed Martin currently builds for NASA. Airbus said Thursday the second European service module will be built to provide propulsion, power and thermal control as well as water …

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