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Tag Archives: Lockheed Martin

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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Lockheed Martin Open to Continued Cooperation with Japanese Industry for the F-35 Program

After the successful unveiling of the Mitsubishi Heavy Industries’ first Japanese-assembled F-35A on June 5th,  Lockheed Martin has stated that it is open to further cooperation and expansion with Japanese industry for producing more F-35 Lightning II Joint Strike Fighter aircraft in Japan, IHS Janes reported. MHI constructed the F-35A primarily with …

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Lockheed to Help Air Force Develop Radar Threat System Under Potential $105M Award

Lockheed Martin (NYSE: LMT) has won a potential 10-year, $104.6 million contract to develop and test a production representative article of Advanced Radar Threat System Variant 2 for the U.S. Air Force. The Defense Department said Monday the single-award contract includes an option for the company to produce up to 20 ARTS-V2 units. Lockheed’s missiles …

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Lockheed Develops Space-Themed Curriculum, App to Promote STEM Learning; Rick Ambrose Comments

TYSONS CORNER, VA, June 12, 2017 — Lockheed Martin (NYSE: LMT) has unveiled new space-focused education resources that seek to develop the future workforce through increased student interest in space exploration programs such as NASA‘s mission to Mars, ExecutiveBiz reported Wednesday. The company said Tuesday its new space-centered curriculum and interactive software …

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Jerald Howe to Succeed Vincent Maffeo as Leidos EVP, General Counsel; Roger Krone Comments

Jerald Howe Jr., formerly a partner at law firm Fried, Frank, Harris, Shriver & Jacobson, will join Leidos (NYSE: LDOS) as executive vice president and general counsel. The more than 30-year industry veteran will succeed Vincent Maffeo, who will continue to support Leidos as a consultant after he retires July 15, the company said Thursday. “Jerry …

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