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Tag Archives: Lockheed Martin

Report: Germany Eyes Lockheed’s F-35 for New Fighter Fleet

TYSONS CORNER, VA, Nov. 13, 2017 — Lockheed Martin‘s (NYSE: LMT) F-35 fighter jet is a prospective replacement for the German air force’s fleet of Panavia Tornado fighter aircraft, ExecutiveBiz reported Friday. IHS Jane’s Defense Weekly reported Wednesday Germany looks to consider F-35 as its preferred choice among the platforms indicated in a …

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Report: UAE, Lockheed Seal $1.6B F-16 Upgrade Deal

Lockheed Martin (NYSE: LMT) has secured a potential $1.6 billion order to perform upgrades to the United Arab Emirates’ F-16 fighter aircraft, The National reported Sunday. The report said UAE’s armed forces entered numerous defense deals with U.S. companies, which include an agreement for Lockheed to modernize 80 F-16s. Lockheed CEO …

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November 13th Morning Report: GovCon Index Ends the Week Down While Major Indices Close Mixed

In reviewing last weeks market performance the Executive Mosaic GovCon Index (GCI) ended the week down 0.74 percent from Mondays opening price settling at 107.303. Twenty stocks declined for the week versus ten that advanced. The three major indices all closed mixed on Friday; the S&P500 closed down 0.09 percent to 2,582.30 while …

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Lockheed Lands $386M Contract Modification to Support Air Force ICBM Re-Entry System

Lockheed Martin (NYSE: LMT) has received a potential $386 million contract modification from the U.S. Air Force to continue support work on the military branch’s intercontinental ballistic missile system. The Defense Department said Wednesday Lockheed’s space systems business will support the re-entry systems and vehicle subsystems of the Minuteman III ICBM. USAF awarded the …

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Postal Service Taps Lockheed for $215M Package Sorting Tech Supply IDIQ

Lockheed Martin (NYSE: LMT) has received a potential $215 million contract to provide automated package processing systems to the U.S. Postal Service. The company said Tuesday it will supply as many as 10 Enhanced Package Processing Systems to USPS under the indefinite-delivery/indefinite-quantity contract to help the agency automatically separate mail pieces, reading materials, handwritten addresses, …

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November 7th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed up today by 0.240 percent to 108.301. Booz Allen Hamilton (NYSE:BAH) topped the GCI posting greater than a 2.00 percent gain, while CACI (NYSE:CACI), McKesson Corp. (NYSE:MCK), Raytheon (NYSE:RTN) and Lockheed Martin (NYSE:LMT) all closed with more than 1.0 percent gains. Advancing and declining shares were split …

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Lockheed Execs Host Mike Pence, Heather Wilson in October Visit to Colorado Campus

TYSONS CORNER, VA, Nov. 7, 2017 — Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson and Space Systems Executive Vice President Rick Ambrose hosted Vice President Mike Pence and U.S. Air Force Secretary Heather Wilson during their visit to a company facility in Colorado in late October, ExecutiveBiz reported Oct. 27. The Denver …

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Lockheed Gets $260M Modification on Greek P-3B Aircraft Modernization Contract

Lockheed Martin (NYSE: LMT) has received a potential $260 million contract modification from the U.S. Navy to help modernize four P-3B maritime patrol aircraft for the government of Greece. The Defense Department said Monday Lockheed’s aeronautics business unit will support phased depot maintenance as well as avionics and country-specific mission and management systems …

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5 Firms to Explore Solar Electric Propulsion Under NASA Research Program

TYSONS CORNER, VA, Nov. 6, 2017 — Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Orbital ATK (NYSE: OA), Sierra Nevada Corp. and Space Systems Loral will perform research on power and propulsion technologies for deep space missions under a $2.4 million NASA program, ExecutiveBiz reported Friday. The space agency said …

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Executive Mosaic’s Weekly GovCon Round-up: October’s Biggest Contracts

Weekly Roundup October 30 – November 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson During October a number of contracts valued at over a billion dollars were awarded for a variety of services such as range services, construction, healthcare staffing, foreign …

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