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Tag Archives: Lockheed Martin

Lockheed Martin Unveils Super Hercules Variant for Special Operations Forces

TYSONS CORNER, VA, June 22, 2017 — Lockheed Martin (NYSE: LMT) has rolled out a C-130J Super Hercules military transport aircraft variant designed specifically for special operations forces and their international missions, ExecutiveBiz reported Wednesday. The company said Tuesday C-130J-SOF is the Super Hercules’ 10th production variant and is built to support psychological …

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June 20 Market Close: GovCon Index and Major Markets Follow Crude Oil Down

The Executive Mosaic GovCon Index closed down today 0.813 percent to 95.427, reversing yesterdays positive close. Decliners outpaced advancers 6 to 1. All three the of the major indices were down on the day as energy and oil producing companies stocks fell while crude oil prices plummet. WTI crude oil closed down …

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Harris to Supply Data Storage, Cockpit Display Tech for Lockheed Martin’s F-35

TYSONS CORNER, VA, June 20, 2017 — Lockheed Martin (NYSE: LMT) has tapped Harris (NYSE: HRS) to provide the Aircraft Memory System and Panoramic Cockpit Display Electronic Unit for the F-35 aircraft’s mission system avionics, ExecutiveBiz reported Monday. Harris said Monday its technologies will work to build on the fighter jet’s data storage, …

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Report: Lockheed, 11 Countries In Talks Over $37B F-35 Procurement

Lockheed Martin (NYSE: LMT) is in talks with the U.S. and 10 other countries over a potential contract worth at least $37 billion for the manufacturer to deliver a total of 440 F-35 fighter aircraft, Reuters reported Sunday. Sources told Reuters the multi-year transaction will consist of three portions from fiscal 2018 …

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Executive Mosaic’s Weekly GovCon Round-up: Cybersecurity, China, NIST and More

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup June 12 – June 16 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many agencies, companies, organizations and individuals were caught off-guard by the recent rise in cyber …

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David Dacquino Promoted to CEO at Serco’s Americas Arm

David Dacquino, senior vice president of defense business at Serco Group‘s Americas division, has been promoted to chief executive in a move that takes effect in mid-2017. The more than three-decade industry veteran will succeed Dan Allen, who announced in February his plans to retire after nearly four years as chairman and CEO of Serco Inc., the …

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Lockheed to Produce Multiple Launch Rocket Warheads, Pods Under $472M FMS Contract

Lockheed Martin (NYSE: LMT) has received a potential two-year, $471.7 million foreign military sales contract from the U.S. Army to manufacture full-rate production 12 Multiple Launch Rocket System components for France, Germany, Finland and Singapore. Lockheed’s missile and fire control business will deliver 2,868 guided MLRS alternative warhead rockets, 648 unitary warhead rockets, …

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June 15 Market Close: GovCon Index Closes Up While Major Indices Close Down

The Executive Mosaic GovCon Index closed up for the seventh consecutive day with platform companies leading the pack. U.S. stocks slid for the fourth time in the past five days, with technology stocks continuing to plummet as selling activity resumed, begging the question of if tech will be under this pressure for …

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Lockheed Martin Names ‘Generation Beyond’ Video Challenge Winners; Rick Ambrose Comments

TYSONS CORNER, VA, June 14, 2017 — Lockheed Martin (NYSE: LMT) has awarded participants from schools in California and New Jersey as the winners in a video challenge to design part of a spacecraft that would bring astronauts to Mars, GovCon Executive reported June 7. The company said June 6 the …

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Boeing to Form 4 Smaller Business Units in Defense Segment Revamp

Boeing (NYSE: BA) will divide the network and space systems and military aircraft segments within its defense, space and security business unit into four smaller entities in a move that will take effect July 1. Leanne Caret, CEO of Boeing BDS, said Tuesday the reorganization is part of the company’s efforts to …

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