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Tag Archives: Lockheed Martin

October 31 Market Close: GovCon Index Closes in Tight Range, Ends October Decline to Start New Earnings Week

Executive Mosaic’s GovCon Index traded in tight range Monday to record its third straight monthly decline with a second week of quarterly financial reports from GCI companies set to begin Tuesday morning. U.S. stocks also struggled for direction Monday in the start of the final full trading week before the presidential election …

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Raytheon Vet David Trulio Joins Lockheed’s Intl Arm in VP Role; John Rood Comments

David Trulio, former director of operations at Raytheon (NYSE: RTN) international sales organization, has been appointed vice president for international government affairs and operations and regional executive for Latin America at Lockheed Martin‘s (NYSE: LMT) overseas business. Trulio will work to develop the strategy to grow Lockheed Martin International‘s presence in Latin America …

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Former ASRC Federal Chief, CACI EVP Paul Dillahay Named NCI CEO

Paul Dillahay, a 15-year GovCon management veteran and a former executive vice president at CACI International (NYSE: CACI), has joined Reston, Virginia-based government technology services contractor NCI (Nasdaq: NCIT) as president and CEO in a move that takes effect immediately. NCI said Monday Dillahay succeeds former president and chief executive Brian Clark, …

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October 28 Market Close: GovCon Index Falls to 5th Consecutive Weekly Loss on McKesson Earnings Miss

Executive Mosaic’s GovCon Index fell at least 1 percent for a second straight time Friday to post its fifth consecutive weekly loss after pharmaceutical services provider McKesson Corp. (NYSE: MCK) issued a guidance cut due to nationwide drug pricing pressure on wholesalers. GovCon Index gainers outnumbered laggers at a 2-to-1 ratio and eight …

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Weekly Roundup October 24 – October 28, 2016: Sector Execs Offer Outlooks at 3Q Checkpoint & more

October 24 – October 28, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Outlooks of the government contracting market’s future trajectory and its ongoing dynamics dominated the attention of sector leaders and observers this week, during which GovCon Wire helped capture the larger …

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Northrop CEO Details Cost Reduction Focus of Customers & Industry After GAO Bomber Contract Review Goes Public

Northrop Grumman (NYSE: NOC) CEO Wes Bush described to investors Wednesday the aerospace and defense contractor’s moves to focus on affordability and make corporate-level investments to take costs out of programs such as the B-21 bomber in response to slower-growing budgets. Budgets have not expanded at the same speed as global security …

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October 26 Market Close: GovCon Index Gets Northrop & Boeing Lift Against Mixed US Stock Trade

Executive Mosaic’s GovCon Index traded higher against mixed activity in U.S. stock markets Wednesday for a second consecutive session on large contributions from Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) after both aerospace-defense companies boosted their full-year outlooks. GovCon Index advancers edged laggers and nine of its S&P 500 companies gained as the latter U.S. stock bellwether …

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General Dynamics CEO: Census Bureau Support Win Part of IS&T Segment’s ‘Diving Board’ for Growth

General Dynamics (NYSE: GD) CEO Phebe Novakovic singled out to investors Wednesday the company’s potential five-year contract to support a Census Bureau contact center as part of what she referred to as a “diving board” for growth in the information systems and technology segment. That contract worth up to $430 million announced in September calls on General …

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Boeing & Northrop Boost 2016 Outlooks as General Dynamics Posts 3Q Earnings Beat

Three of the world’s largest government contractors listed in both Executive Mosaic’s GovCon Index and the U.S. stock bellwether S&P 500 composite index released third quarter financial results before markets opened Wednesday. Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) all posted earnings per share figures …

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Bloomberg: GAO Issues Declassified Version of Air Force Bomber Contract Award Protest Decision

The Government Accountability Office has said that Northrop Grumman’s (NYSE: NOC) proposal for the U.S. Air Force’s Long Range Strike Bomber program held “significant structural advantages” over a bid by the team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), Bloomberg reported Wednesday. Anthony Capaccio and Julie Johnsson write GAO made …

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