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Tag Archives: Lockheed Martin

Lockheed Gets $159M FMS Funds for Phase 2 German P-3C System Refresh

Lockheed Martin (NYSE: LMT) has received a $158.5 million contract modification from the U.S. Navy to conduct phase 2 system upgrade work on Germany’s P-3C Orion maritime surveillance aircraft. The Defense Department said Tuesday Lockheed will update mission computers, acoustic equipment, armament/ordnance systems, displays and controls on eight P-3C planes as part of …

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Navy Awards Lockheed $211M Modification for F-35 Special Equipment Procurement

Lockheed Martin (NYSE: LMT) has received a $211.2 million contract modification from the U.S. Navy to procure non-recurring special tooling and test equipment needed for current and future production of F-35 aircraft. The Defense Department said Monday the modification combines purchases from the U.S. Air Force, Marine Corps, Navy, non-DoD participants and foreign …

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July 31st Market Close: GovConIndex and Major Indices All Have a Positive July

The Executive Mosaic GovCon Index (GCI) ended todays trading down 0.359 percent. The GCI turned in a strong July performance closing at 98.961 up 3.31 points or 3.45 percent. The major indices closed mixed for the day. The S&P500 closed the last July trading day slightly down, however posting a 1.47 percent …

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Lockheed Secures $219M Navy Contract Modification for F-35 Sustainment, Logistics Services

Lockheed Martin (NYSE: LMT) has received a $218.7 million contract modification to sustain and perform logistics support for the F-35 Lightning II aircraft of the U.S. Navy, Air Force, Marine Corps, non-Defense Department participants and foreign military sales customers. DoD said Friday Lockheed will carry out ground maintenance; action request resolution; depot activation; …

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Lockheed to Produce 50 Lot 11 F-35s for FMS Clients Under $3.7B Navy Contract Modification

Lockheed Martin (NYSE: LMT) has received a potential $3.69 billion contract modification from the U.S. Navy for the low-rate initial production of 50 lot 11 F-35 Lightning II aircraft for foreign military sales clients. The modification covers the production of 22 F-35A jets for FMS customers, eight F-35As for the Netherlands, six F-35As for Norway, four …

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Honeywell Added to $409M USAF Contract for Thermal, Power & Controls R&D Services

Honeywell International (NYSE: HON) has joined the list of awardees on a potential $409 million contract to research and develop thermal, power and controls technologies for future U.S. Air Force platforms and engines. The Defense Department said Friday Honeywell will perform work under the Next Generation Thermal, Power, and Controls program — a multi-government agency and industry …

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Lockheed Martin Delivers 1st HIMARS Rocket Launcher Under Army FMS Deal With UAE

TYSONS CORNER, VA, July 28, 2017 — Lockheed Martin (NYSE: LMT) has completed the delivery of the first High Mobility Artillery Rocket System launcher to the Defense Department as part of a U.S. Army foreign military sale to the United Arab Emirates, ExecutiveBiz reported Thursday. The company said Wednesday it builds the HIMARS …

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Executive Mosaic’s Weekly GovCon Round-up: “Information Doesn’t Have to be Secret to be Valuable”

Weekly Roundup July 24 – July 28 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Open source intelligence (OSINT), as described in a previous Weekly Round Up column, is an incredibly powerful research methodology that is already being used by forward looking companies and …

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Lockheed Awarded $86M to Begin Long-Range Anti-Ship Missile Production for Air Force

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) an $86.5 million contract modification to build a first batch of precision-guided missile systems designed to identify and destroy sea-based threats. Lockheed’s missiles and fire control business will manufacture 23 Long-Range Anti-Ship Missiles at a company facility in Orlando, Florida, the …

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Lockheed to Continue Navy Submarine Engineering Support Under $120M Contract Modification

Lockheed Martin (NYSE: LMT) has received a $119.7 million contract modification to help the U.S. Navy integrate visual systems and other components into submarines. The Defense Department said Monday Lockheed’s rotary and mission systems unit will perform design, development, test, reverse engineering, technology insertion/refreshment, field engineering and system support under …

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