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Tag Archives: Lockheed Martin

October 24th Market Close: GovConIndex Closes Down and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued its second day of downward direction to close at 109.620 off 0.007 percent with advancing and declining shares evenly split. The three major indices all advanced for the day as the DJIA set new record highs. Investors responded positively to encouraging earnings reports. The S&P500 closed up …

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October 23rd Market Close: A Negative Day For GovConIndex and Major Indices

The Executive Mosaic GovCon Index (GCI) reversed its two-day positive trend to close down by 0.087 percent to 109.628. Declining shares outpaced advancing 18 to 12. The three major indices declined for the day as investors eagerly watch earnings reports and movement on the Trump administrations proposed tax plan. The S&P500 closed down 0.40 …

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October 23rd Morning Report: GovCon Index Up and Stocks Post Sixth Straight Weekly Gain

The Executive Mosaic GovCon Index (GCI) was up 0.603 points from Monday’s opening value to post a weekly gain of 0.55 percent to end Friday’s trading at 109.782.  Friday saw advancing shares outpacing declining 5 to 1. The three major indices all closed Friday up reaching new highs and posting the sixth straight weekly …

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October 20th Market Close: GovConIndex Up and Major Indices Set New Record Highs

The Executive Mosaic GovCon Index (GCI) closed up for a second day to 109.782 up 0.833 percent. Advancing shares outpaced declining 5 to 1. The three major indices all closed up to set new record highs as the Trump administration draws closer to passing a new tax plan. The S&P500 closed up 0.51 …

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NASA Taps ULA for Potential $154M Landsat 9 Launch Services Contract

United Launch Alliance has secured a potential $153.8 million contract from NASA to provide launch support services for the Landsat 9 satellite. NASA said Friday it expects Landsat 9 to take off aboard the Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture’s Atlas V 401 rocket from Vandenberg …

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October 19th Market Close: GovConIndex Closes Up and Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed its three consecutive days of decline to close up 0.150 percent to settle at 108.840. Advancing shares outpaced declining 18 to 12. The three major indices closed mixed for the day with the S&P500 and DJIA climbing to new highs. The S&P500 closed up 0.03 percent …

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Boeing, Lockheed Secure Design Work on Navy’s Extra Large UUV Program

TYSONS CORNER, VA, Oct. 19, 2017 — Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are working to develop designs for an extra large unmanned undersea vehicle after the U.S. Navy awarded the companies two separate contracts for the program, ExecutiveBiz reported Wednesday. USNI News reported Tuesday the service branch has …

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Report: Army Taps 4 Firms for Patriot Radar Replacement Concept Design Contracts

The U.S. Army has awarded separate contracts to four companies to develop concept designs that will be used to determine the requirements for a new platform to replace its Patriot air-and-missile defense radar system, Defense News reported Wednesday. Contract recipients include Raytheon (NYSE: RTN), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) …

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Aurora Flight Sciences Vet Mark Cherry Joins Boeing as Phantom Works VP; Leanne Caret Comments

Mark Cherry, president and chief operating officer at Manassas, Virginia-based autonomous systems maker Aurora Flight Sciences, has been appointed to succeed Darryl Davis as vice president of Boeing’s (NYSE: BA) Phantom Works technology arm. Davis, who served as head of Phantom Works for a decade, will transition into a program management …

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State Dept OKs Potential $2.4B FMS Deal for Greek F-16 Upgrades

The State Department has approved a potential $2.40 billion foreign military sales transaction for Lockheed Martin (NYSE: LMT) to convert F-16 aircraft into a Block V configuration for the Greek air force. Greece asked to buy 125 APG-83 active electronically scanned array radars, 123 modular mission computers and 123 Link-16 multifunctional information distribution …

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