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Tag Archives: Lockheed Martin

Lockheed Lands FAA Contract for Air Traffic Control Radar Services

TYSONS CORNER, VA, June 2, 2016 — Lockheed Martin (NYSE: LMT) will provide technical services to the Federal Aviation Administration in support of radar systems for air traffic control under a $28.3 million contract, ExecutiveBiz reported Wednesday. The company said Tuesday the contract covers design, development, analysis and test services for FAA’s …

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June 1 Market Close: GovCon Index, US Stocks Inch Upward on Economic Reports

The GovCon Index started the month of June with a gain of 0.507 points to 78.613 Wednesday as U.S. investors digested several reports to gauge the country’s economy ahead of Friday’s jobs report and Federal Reserve Chair Janet Yellen’s Monday speech. Lockheed Martin (NYSE: LMT) added $1.85 — or 0.78 percent — despite a downgrade …

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Lockheed-Run Sandia Labs Welcome 1st Women to Veteran Career Development Program

TYSONS CORNER, VA, June 1, 2016 — Sandia National Laboratories, which is operated by Lockheed Martin‘s (NYSE: LMT) Sandia Corp. subsidiary, has unveiled the first women to join its career development program for injured veterans, GovCon Executive reported Tuesday. Sandia said Thursday the women will undergo training and mentoring over three years as …

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ULA Lands $139M Modification on Atlas V Production Services Contract with USAF

United Launch Alliance has been awarded a $138.7 million contract modification to produce an Atlas V 541 launch vehicle system for the U.S. Air Force. The Defense Department said Tuesday the modification covers Atlas V rocket configuration and mission specific items for the service branch’s four previously ordered missions. ULA,  a joint venture of Boeing (NYSE: BA) and Lockheed Martin …

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May 31 Market Close: GCI Declines, Ends 4th Straight Month in Positive as New Tanker Delay Drags Boeing Shares

The GovCon Index posted a decline of 0.398 points to 78.106 Tuesday on losses by Boeing (NYSE: BA) and other large defense prime contractors but ended at a gain for May to record its fourth straight month of positive movement. The Index rose 2.523 percent for May and has climbed 7.763 percent …

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Report: NNSA’s Follow-on $3B Sandia Labs Support Program Draws 15 Firms, 4 Universities

Fifteen companies and four universities have shown interest in pursuing a potential 10-year, $2.9 billion contract for management services at the National Nuclear Security Administration‘s Sandia National Laboratories, the Albuquerque Journal reported May 18. Michael Coleman writes that Lockheed Martin (NYSE: LMT) subsidiary Sandia Corp.‘s current SNL support contract with NNSA is scheduled to expire April 2017. …

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Proposed $260M F-16 Logistics Foreign Military Sale to Oman Gets State Dept Clearance

The State Department has approved a $260 million foreign military sale of logistics support services,  support and communications equipment, personnel training and spare and repair parts for F-16 units to Oman. The Defense Security Cooperation Agency said Thursday the government of Oman has also requested electronic combat international security assistance, contractor …

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May 26 Market Close: GovCon Index Down Slightly With Mixed Market Results

The GovCon Index closed down slightly 0.078 points to 78.195 with armored truck manufacturer Navistar International (NYSE: NAV) and CSRA (NYSE: CSRA) posting the largest percentage loses. CSRA conducted their fourth-quarter and full-year earnings call yesterday after the market close and posted mixed results,  as reported in GovCon Wire. U.S. stocks …

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Battelle, Boeing, University Partners Seek NNSA Deal to Manage Sandia Labs

TYSONS CORNER, VA, May 26, 2016 — Battelle and Boeing (NYSE: BA) have teamed with the Texas A&M University System, the University of Texas System and the University of New Mexico in a joint bid to manage the Energy Department‘s Sandia National Laboratories, ExecutiveBiz reported Wednesday. Battelle said Tuesday DOE’s National Nuclear …

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Mike Lawrie: CSC Has ‘All Options’ on Table for HPE’s US Public Sector Arm Post-Merger

Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie told investors Tuesday the company will consider an undefined range of options regarding Hewlett-Packard Enterprise‘s (NYSE: HPE)’s U.S. public sector business in conjunction with CSC’s merger into HPE’s enterprise services segment. Tysons, Virginia-based CSC is subject to a two-year non-compete agreement in the federal government field …

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