Home / Tag Archives: Lockheed Martin (page 100)

Tag Archives: Lockheed Martin

Leidos’ Roger Krone Discusses Change in US Leadership and its Potential Impact on Defense Spending

Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), told CNBC in an interview aired Tuesday that he thinks that all U.S. presidents tend to act the same way when it comes to the country’s defense and security of its citizens. Krone made the comment in response to a question on …

Read More »

August 16 Market Close: GovCon Index Down, Lockheed in Steep Red & Leidos Up After Deal’s Closure

Executive Mosaic’s GovCon Index dropped at least one full net point Tuesday for the first time since June 24 on a sharp drop in Lockheed Martin (NYSE: LMT) shares upon the defense contractor’s completion of the spinoff and subsequent merger of its government and technical services business into Leidos Holdings (NYSE: LDOS). Lockheed was the GCI’s …

Read More »

August 15 Market Close: GovCon Index Hits Record Close Again as Defense Primes Rise

Executive Mosaic’s GovCon Index closed at another all-time high Monday with 28 out of 30 companies including all 11 S&P 500-listed stocks in green and middle- to large-tier defense contractors as the session’s top advancers. L-3 Communications (NYSE: LLL) led all net gainers after the military technology maker was selected by Drexel Hamilton …

Read More »

Lockheed Receives $491M Modification on Navy Aegis Weapon System Production Contract

Lockheed Martin (NYSE: LMT) has been awarded a $490.6 million contract modification to produce Aegis weapon system ship sets and spares for the U.S. Navy as well as Japan and South Korea under the foreign military sales program. The Defense Department said Friday Lockheed’s mission systems and training division will manufacture ship …

Read More »

Navy Awards Lockheed $113M Contract Modification for Aegis Modernization Services

Lockheed Martin (NYSE: LMT) has received a $112.7 million contract modification from the U.S. Navy to produce components for the fiscal 2016 Aegis combat system modernization effort. The company will provide multi-mission signal processor equipment sets, ballistic missile defense 4.0.2 equipment, Aegis AMOD upgrade equipment and related spares to aid in the deployment of the …

Read More »

Defense News: Lockheed to Get $1B in DoD Reimbursement Funds for LRIP Lot 9 F-35s

Lockheed Martin (NYSE: LMT) will receive approximately $1 billion in additional funds from the Defense Department after DoD decided to reimburse the company for production costs incurred on lot 9 of the F-35 Lightning II aircraft, Defense News reported Thursday. Valerie Insinna writes the F-35 joint program office will obligate funds …

Read More »

August 15 Morning Report: GovCon Index Posts Loss on Retail, Manufacturing Data

Executive Mosaic’s GovCon Index closed Friday down 0.148 points to 82.467 to end the week with a 0.315-point loss. The Index mirrored the larger U.S. market as the retail sales report for July showed no change from the previous month and manufacturing data fell below analyst expectations. Four of GCI’s S&P 500-listed stocks posted gains …

Read More »

August 12 Market Close: GovCon Index Falls, Ends at Weekly Loss

Executive Mosaic’s GovCon Index turned downward Friday to end at a weekly loss as U.S. stocks also held negative after July’s retail sales report showed no change from the previous month and new manufacturing data also fell below economists’ expectations. For the week, the Index registered a 0.315-point decline mainly on the Wednesday plunge by …

Read More »

Lockheed-Elbit Team Eyes Contract on UK Challenger 2 Tank Life Extension Project

TYSONS CORNER, VA, Aug. 12, 2016 — Lockheed Martin (NYSE: LMT) has teamed with Elbit Systems to pursue a contract with the U.K. defense ministry for the update of the Challenger 2 tanks under the British army’s Life Extension Project, ExecutiveBiz reported Thursday. Lockheed said Wednesday the team plans to perform work …

Read More »

Lockheed to Deploy Lunar Imaging CubeSat With 2018 NASA Orion Mission

TYSONS CORNER, VA, Aug. 10, 2016 — Lockheed Martin (NYSE: LMT) will launch a CubeSat lunar research satellite with Orion‘s Exploration Mission-1 in 2018 under a contract with NASA, ExecutiveBiz reported Tuesday. The company said Monday the SkyFire miniature satellite will be equipped with an infrared camera and work to capture images of …

Read More »