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Tag Archives: Lockheed Martin

Two Lockheed-Built F-35Bs Cleared to Perform at Upcoming Air Shows

TYSONS CORNER, VA, July 7, 2016 — The U.K. government has cleared two Lockheed Martin-built (NYSE: LMT) F-35B fighter jets to participate in the Farnborough International Airshow and Royal International Air Tattoo, Executive Gov reported Wednesday. Defense News reported Tuesday the two F-35 variants used by the U.S. Marine Corps completed validation flights in order …

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Harris Supports Deep Space Network for NASA’s Juno Mission

TYSONS CORNER, VA, July 7, 2016 — Harris Corp. (NYSE: HRS) has supported NASA‘s Juno mission to Jupiter by providing operations, maintenance and engineering support to the Jet Propulsion Laboratory’s Deep Space Network, ExecutiveBiz reported Wednesday. The company said Tuesday it managed the operations centers, maintenance facilities and antenna infrastructure of DSN, which works to …

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Lockheed to Provide Flight Data Mgmt System Under $344M FAA Contract

Lockheed Martin (NYSE: LMT) has received a $344 million contract from the Federal Aviation Administration to provide a system to support flight plan exchanges between air traffic controllers. The FAA said Wednesday the Terminal Flight Data Manager will work to provide electronic flight strips instead of paper strips to aid real-time sharing of digital flight …

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Navy Awards Lockheed $94M F-35 Electronics Contract Modification

Lockheed Martin (NYSE: LMT) has received a potential one-year, $93.9 million contract modification from the U.S. Navy to acquire electronic components for F-35 Lightning II aircraft. Lockheed’s aeronautics business will use the parts to build and deliver lot 14 of F-35 fighter jets for U.S. facilities, the Defense Department said Wednesday. The …

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State Dept OKs $140M Sale of Raytheon Seasparrow Missiles & Services to Chile

The State Department has approved Chile’s request to acquire $140.1 million in Raytheon (NYSE:RTN)-manufactured Evolved Seasparrow Missiles and related services from the U.S. government under a foreign military sales agreement between both countries. The Defense Security Cooperation Agency said Tuesday Raytheon, BAE Systems and Lockheed Martin (NYSE:LMT) will serve as principal contractors …

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July 5 Market Close: GovCon Index Lower as Oil Declines, Brexit Uncertainty Return to Markets

Executive Mosaic’s GovCon Index held lower to start July’s first full trade week Tuesday as U.S. stocks stumbled on a decline in crude oil prices that weighed on energy stocks and new investor uncertainty over Britain’s June 23 vote to leave the European Union. The GovCon Index ended its four-day gain …

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Lockheed, Boeing Among Firms Tapped for Japan’s Potential $40B Fighter Jet Program

Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) are among the companies Japan has contacted to potentially participate in the country’s planned $40 billion fighter jet program, E&T Magazine reported Thursday. Jack Loughran writes Japan plans to release a tender for 100 fighter planes after a Tuesday deadline on a solicitation for expressions of …

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July 5 Morning Report: GovCon Index Continues Post-Brexit Recovery

Executive Mosaic’s GovCon Index closed Friday with a gain of 0.178 points to 79.718 and recorded a weekly climb of 3.216 percent as it continues to recover from the previous week’s losses following the “Brexit” referendum vote in the U.K. Friday was also the second consecutive session in which Lockheed Martin (NYSE: LMT),  Northrop Grumman (NYSE: NOC), Huntington …

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July 1 Market Close: GovCon Index Holds Positive Despite PM Descent

Executive Mosaic’s GovCon Index descended into narrow range during afternoon trade after a strong morning session Friday but held in positive ahead of a three-day holiday weekend. The GovCon Index posted a gain of 0.178 points to 79.718 and ends the week up 3.216 percent in a sharp turnaround from Monday’s losses in the …

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Weekly Roundup June 27 – July 1 2016: Defense Prime Stocks Soar Post-Brexit & more

June 27 – July 1 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   As massive the selloff was in global financial markets in the wake of June 23’s “Brexit” vote in the U.K., so was the reversal in equities after investors took a deep breath …

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