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Tag Archives: Lockheed Martin

Perspecta Announces Senior Leadership Team, Board of Directors; Mac Curtis Comments

Perspecta (NYSE: PRSP) has unveiled the members of its senior leadership team and board following its spinoff from DXC Technology (NYSE: DXC) and combination with Vencore and KeyPoint Government Solutions. Mac Curtis, president and CEO of Perspecta, will also serve on the board of the company that started trading Friday on the New …

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Executive Mosaic’s Weekly GovCon Round-Up: Platform Companies Overview, Recent Contract Wins and Top 10 Stories

Weekly Roundup May 28 – June 1, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Platform Companies Overview, Recent Contract Wins and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Platform Companies: A May Overview As we look back at May, I’d like to highlight some …

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PwC: Aerospace & Defense Industry Reported $728B in 2017 Revenue

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

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Pratt & Whitney Gets $2B Navy Contract Modification for Lot 11 F-35 Propulsion Engines

United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has received a potential three-year, $2 billion contract modification from the U.S. Navy to produce the 11th batch of F135 engines for all three variants of the Lockheed Martin-built (NYSE: LMT) F-35 Lightning II aircraft. Pratt & Whitney said Thursday it will …

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DSA’s Paul Strasser Elected IAC Executive Vice Chair

The American Council for Technology and Industry Advisory Council has announced the election of Paul Strasser, executive vice president of information management solutions group at Data Systems Analysts, as executive vice chair of IAC, effective July 1. Strasser, who currently serves as vice chair for finance at IAC’s executive committee, will …

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Executive Mosaic’s Weekly GovCon Round-Up: e4e Acquisition, Recent M&A Activity and Top 10 Stories

Weekly Roundup May 21 – May 25, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: e4e Acquisition, Recent M&A Activity and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Philippines Growth Fuels Executive Mosaic’s e4e Acquisition   Executive Biz recently highlighted how the Philippines plans to build a potential $14 …

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Lockheed Lands $558M Navy Contract for Lot 11 F-35 Sustainment Support

Lockheed Martin (NYSE: LMT) has received a potential $558.3 million contract from the U.S. Navy to provide sustainment services to support the low-rate initial production of lot 11 F-35 Lightning II fighter jets. The Defense Department said Thursday the sustainment support contract includes training facilities and devices, Autonomic Logistics Information System software …

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Lockheed Gets $282M Modification on Army PAC-3 Support Center Services Contract

Lockheed Martin (NYSE: LMT) will help in the post-production efforts of the Patriot Advanced Capability-3 missile support center under a $282 million contract modification from the U.S. Army. Work will run through May 19, 2019, and will support local clients and foreign military sales customers Germany, Japan, Kuwait, Netherlands, Qatar, Saudi Arabia, …

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Lockheed Completes Launch Environment Tests on Air Force AEHF-5 Satellite

TYSONS CORNER, VA, May 23, 2018 — Lockheed Martin’s (NYSE: LMT) fifth Advanced Extremely High Frequency satellite has completed a series of launch environment tests in preparation for its delivery to the U.S. Air Force in 2019, ExecutiveBiz reported Tuesday. The company said Monday it performed a 39-day thermal vacuum …

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Lockheed Taps BAE for Potential $100M F-35 Electronic Warfare Sustainment Contract

Lockheed Martin (NYSE: LMT) has awarded BAE Systems a potential five-year, $100 million contract to provide sustainment support for electronic warfare platforms aboard the F-35 Lightning II fighter jet. BAE said Tuesday it will oversee the supply chain for the EW suite, manage regional warehouses with on-hand EW component inventories …

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