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Tag Archives: Lockheed Martin

Executive Mosaic’s Weekly GovCon Round-up: August’s Private Sector Executive Moves

Weekly Roundup August 21 – August 25 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This August the GovCon industry has experienced a great deal of executive moves. As the month comes to a close, let’s take a look at some of the …

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Lockheed Gets $548M Army Contract Modification to Produce Hellfire II Missiles

Lockheed Martin (NYSE: LMT) has received a $547.9 million contract modification from the U.S. Army to manufacture Hellfire II semi-active laser-guided missiles. The Defense Department said Thursday the modification covers the production of 7,358 Hellfire II missiles in containers and in a range of air-to-ground missile models. Lockheed’s missiles and fire control business unit …

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Lockheed, Raytheon Win Pair of $900M LRSO Missile Tech Maturation Contracts

The U.S. Air Force has awarded a pair of contracts worth approximately $900 million each to Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) to conduct technology maturation and risk reduction work for the Long Range Standoff nuclear cruise missile. The companies will perform work at their respective facilities in Florida and …

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Report: India Issues RFI for $10B Naval Helicopter Procurement Program

India has released a request for information for a potential $10 billion program to buy multirole and multi-utility helicopters designed to help naval forces perform submarine warfare and search-and-rescue missions, Defense News reported Wednesday. The country’s defense ministry issued the RFI to Airbus, Bell Helicopter, Lockheed Martin (NYSE: LMT) and …

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Lockheed Martin, NASA Test Orion Spacecraft’s Power Systems, Computers

TYSONS CORNER, VA, Aug. 23, 2017 — Lockheed Martin (NYSE: LMT) has worked with NASA to test the Orion crew module’s vehicle management computers, power and data units and flight software during an initial power-up event at the Kennedy Space Center, ExecutiveBiz reported Tuesday. The company said Tuesday the spacecraft will be part of …

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August 22nd Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued on its upward direction to close at 100.305 up 1.202 percent. Advancing shares outpaced decliners 6 to 1. Navistar International, ManTech International, AECOM, and SAIC all closed up more than 2.0 percent on the day. The major indices all closed up on the speculation that the Trump administration may be gaining some traction on …

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CGI, Leidos, Northrop Land Spots on SSA IT Services Contract

CGI’s (NYSE: GIB) federal business, Leidos (NYSE: LDOS) and Northrop Grumman (NYSE: NOC) have won spots on a Social Security Administration contract to provide information technology services. A FedBizOpps notice published Monday says the potential 10-year, indefinite-delivery/indefinite-quantity contract covers IT services for SSA’s office of the deputy commissioner for systems in support of data …

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Boeing, Northrop Win $678M in USAF Contracts for Ground-Based ICBM Tech Maturation Work

The U.S. Air Force has awarded a $349.1 million contract to Boeing (NYSE: BA) and a $328.6 million contract to Northrop Grumman (NYSE: NOC) to perform technology maturation and risk reduction work for the Ground-Based Strategic Deterrent intercontinentinal ballistic missile program. The Air Force Nuclear Weapons Center in Utah received three bids for …

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General Dynamics, Lockheed Vet James McConville Named Privia President, CEO

James McConville, a more than 20-year federal market veteran, has joined Privia as president and CEO of the Herndon, Virginia-based government contracting bid, capture and proposal software company. He previously held a similar dual-role at Aeromech Engineering and served as an executive vice president at Chandler/May, both of which Lockheed Martin (NYSE: LMT) …

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Lockheed Receives $427M F-35 Ancillary Military, Pilot Flight Equipment Order

Lockheed Martin (NYSE: LMT) has secured a $427 million order from the U.S. Navy to provide ancillary military and pilot flight equipment for the 11th batch of low-rate initial production F-35 jets. The Defense Department said Monday Lockheed will supply the F-15 equipment to the Navy, Air Force, Marine Corps, non-DoD participants and foreign military sales customers. Work is …

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