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Tag Archives: Lockheed Martin

ULA Gets $270M Air Force Contract Modification for Launch Vehicle Production Services

United Launch Alliance has received a $270.4 million contract modification from the U.S. Air Force to provide launch vehicle production services. The Defense Department said Friday the modification covers support for the configuration and transportation of a Delta IV Heavy rocket. The award also adds a pre‐priced contract line item for the Delta IV …

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Lockheed Secures $1.6B Contract to Produce Counterfire Radar Tech for Army

Lockheed Martin (NYSE: LMT) has received a $1.59 billion contract to produce and deploy counterfire target acquisition radar systems for the U.S. Army. Work under the order dependent contract will run through March 29, 2022, and locations and funds will be provided with each order, the Defense Department said Thursday. The Army Contracting Command awarded …

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March 30 Market Close: GovCon Index Closes Down as Major Indices Close Up

Even though advancers outpaced decliners 2 to 1 the Executive Mosaic’s GovCon Index closed down on the back of the 13.08 percent loss by SAIC (NYSE:SAIC). SAIC reported 4th quarter earning that fell short of analyst expectations. At market close WTI broke through the $50 mark closing at $50.40 up 0.89 …

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Jim Reagan, Leidos CFO, Inducted Into 2017 Wash100

Executive Mosaic, Tysons Corner, VA March 30, 2017 — Jim Reagan, chief financial officer of Leidos, has been added to this year’s Executive Mosaic Wash100 for his leadership in post-merger synergy. The Wash100 is the premier group of private and public sector executives selected by Executive Mosaic’s organizational and editorial …

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Lockheed, Northrop Integrate Tech for Army Modular Active Protection System Demonstrator

TYSONS CORNER, VA, March 30, 2017 — Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) have performed initial integration of their respective technologies for a soft-kill demonstrator of the U.S. Army‘s Modular Active Protection System, ExecutiveBiz reported Wednesday. Lockheed said Tuesday its Open Architecture Processor as well as Northrop’s Multifunction Electro-Optic System and Passive Infrared …

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Former Unisys Federal VP Casey Coleman Joins Salesforce as Govt Solutions SVP

Casey Coleman, formerly vice president of federal civilian business group at Unisys (NYSE: UIS), has joined Salesforce (NYSE: CRM) as senior VP of the customer relationship management technology firm’s global government solutions unit, GovCon Wire has learned. She oversees Salesforce’s global enterprise positioning strategy for the government and public sector in her …

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MDA Awards Lockheed $274M Contract to Build Lot 9 THAAD Interceptors

Lockheed Martin (NYSE: LMT) has landed a $273.5 million sole-source contract from the Missile Defense Agency to produce additional interceptors for the agency’s anti-ballistic missile system. The Defense Department said Tuesday the contract covers the lot 9 production of interceptors, one-shot devices and associated production support services for the Terminal High …

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March 28 3:00 PM Market Report: GovCon Index and Markets Reverse Direction

As of 3:00 PM (EST) the Executive Mosaic’s GovCon Index reversed its three day downward trend to post positive gain of 0.846 to 91.969. The major indices were all up on the day with the S&P500 at 2,361.81 up 20.04 points, the DJIA reaching 20,719.45 up 172.67 points, and the NASDAQ …

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GovCon Vet Mick Fox Joins TechnoMile as COO, CSO; Ashish Khot Comments

Mick Fox, formerly executive vice president of business development at PAE, joined Vienna, Virginia-based TechnoMile as chief operating officer and chief strategy officer on March 15. He leads the technology and business process consulting services provider’s efforts to develop products and service offerings that will work to help government contractors capture new …

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LCS Built by Lockheed-Led Industry Team Completes Navy Qualification Trials

TYSONS CORNER, VA, March 28, 2017 — The U.S. Navy has conducted qualification trials on the USS Detroit littoral combat ship built by a Lockheed Martin-led (NYSE: LMT) industry team to check the vessel’s combat system, ExecutiveBiz reported Monday. The service branch said Friday the Freedom-class LCS 7 completed tests including firing exercises against high-speed …

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