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Tag Archives: Lockheed Martin

Lockheed Martin to Integrate, Update Systems on SBIRS GEO-5, GEO-6 Satellites

TYSONS CORNER, VA, May 30, 2017 — Lockheed Martin (NYSE: LMT) will integrate subsystems and update propulsion systems on the fifth and sixth Space Based Infrared System satellites under a $46 million contract modification from the U.S. Air Force, ExecutiveBiz reported Friday. The Defense Department said Thursday Lockheed’s space systems business will perform …

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May 30 Morning Report: Friday Close – GovCon Index and all Indices Up for the Week

Even though the Executive Mosaic GovCon Index closed down on Friday it was up 3.0 percent for the week. The weekly GovCon Index leaders were SAIC up 6.6 percent, McKesson and General Dynamics both up 2.5 percent. All the U.S. indices showed little movement at Friday’s close. All the indices were up …

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May 26 Market Close: GovCon Index Down With Minor Movement in Major Markets

The Executive Mosaic GovCon Index reversed the six day up streak to close down 0.162 percent to 95.728. All the U.S. indices showed little movement on the day with the market closing mixed. Ending a week of positive gains for all the major markets. WTI reversed it’s significant drop yesterday to close …

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GovCon Wire’s Weekly Roundup: Defense and IT Win Big in FY 2018 Budget Proposal

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup May 22 – May 26 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This past Tuesday, President Donald Trump released his first budget proposal for fiscal 2018 and the blueprint …

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Lockheed Secures $87M Navy Trident II Missile Support Contract

Lockheed Martin (NYSE: LMT) has secured a potential two-year, $87.3 million contract from the U.S. Navy to provide technical and program management services in support of the Trident II D5 submarine-launched ballistic missile’s navigation subsystem. The Defense Department said Wednesday the contract covers navigation hardware and software design, testing, installation and deliverables …

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May 24 Market Close: GovCon Index Sets Another High and Markets Gain Back Losses

The Executive Mosaic GovCon Index closed up for the fifth consecutive day with the advancers significantly outpacing the decliners 28 to 2. The GovCon Index reached another 30 day high of 94.842, up 0.701 percent. All the U.S. indices were up on the day. The S&P500 reached a new record high of …

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May 23 Market Close: GovCon Index Hits 30 Day High and S&P Close to 2,400

The Executive Mosaic GovCon Index closed up for the fourth consecutive with the advancers outpacing the decliners 3 to 1. The GovCon Index reached 30 day high of 94.234, up 0.367 percent. All the U.S. indices were up on the day as the S&P500 came within 2 points of breaking 2,400. Markets …

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Lockheed, BAE Vet DeEtte Gray to Head CACI’s US Operations; Ken Asbury Comments

DeEtte Gray, formerly president of the intelligence and security sector at BAE Systems’ U.S. subsidiary, has joined CACI International (NYSE: CACI) as president of U.S. operations. CACI said Monday that she succeeds John Mengucci and will oversee the Arlington, Virginia-based contractor’s operations business groups in the U.S. with a focus on organic growth initiatives. Mengucci …

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John Mengucci Takes On Expanded COO Role at CACI; Ken Asbury Comments

John Mengucci, chief operating officer and president of U.S. operations at CACI International (NYSE: CACI), will assume additional responsibilities as COO in an effort to advance the company’s strategic growth initiatives. Mengucci will continue to report to CACI President and CEO Ken Asbury and will oversee the company’s mergers and acquisitions, …

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Boeing Gets $1.1B MDA Contract Modification for Kill Vehicle Development

Boeing (NYSE: BA) has received a potential five-year, $1.1 billion contract modification from the Missile Defense Agency to continue to provide development support for the Redesigned Kill Vehicle program. The modification increases the total value of a previously awarded contract from $4.7 billion to $5.8 billion, the Defense Department said …

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