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Tag Archives: Lockheed Martin

March 9 Market Close: GovCon Index Down, While Stock Markets Close Up and WTI Drops Below $50

Executive Mosaic’s GovCon Index closed down for the day to 92.798 off -0.123%, contrary to the major markets which all closed slightly up. Investors wait for the February official U.S. jobs data due to release tomorrow. GovCon Index decliners outpaced advancers 19 to 11 as Orbital ATK (NYSE:OA) leds gainers for …

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US Begins Rollout of Lockheed-Built Missile Defense System in South Korea

TYSONS CORNER, VA, March 8, 2017 — The U.S. and South Korea have begun the deployment of the Lockheed Martin-manufactured (NYSE: LMT) Terminal High-Altitude Area Defense system in the Korean Peninsula to address potential missile threats from North Korea, Executive Gov reported Tuesday. Reuters reported Tuesday the THAAD system will work to intercept …

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March 7 Market Close: GovCon Index Up, US Stock Markets Down

Executive Mosaic’s GovCon Index reversed it’s four day losing streak to close up 0.000% to 93.000. Even with the US stocks posting it third lose in the past four days the GovCon Index was able to remain in the positive. GovCon Index advancers split evenly with decliners as seven of its …

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Lockheed Martin Eyes Belgium, Spain & Switzerland as Potential F-35 Buyers

TYSONS CORNER, VA, March 7, 2017 — Lockheed Martin (NYSE: LMT) is in talks with Belgium, Spain and Switzerland for the countries’ potential purchase of F-35 fighter aircraft, ExecutiveBiz reported Monday. Defense World reported Friday Jeff Babione, executive vice president and general manager of Lockheed’s F-35 program, told reporters at the Avalon …

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Australia’s Jindalee Radar Update Program Lands Bids From BAE, Lockheed

TYSONS CORNER, VA, March 7, 2017 — The latest phase of the Australian air force’s potential multimillion-dollar program for the modernization of its over-the-horizon radar system has received bids from BAE Systems and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Monday. Aviation Week reported Thursday phase 6 of the Jindalee Operational Radar Network update effort …

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NASA Selects ULA-Built Atlas V Rocket to Launch JPSS-2 in 2021

United Launch Alliance, a joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), has won a contract to help NASA launch a polar-orbiting environmental weather satellite for the National Oceanic and Atmospheric Administration. NASA said Saturday the Joint Polar Satellite System-2 will launch aboard a ULA-built Atlas V 401 rocket from Vandenberg Air Force Base in California sometime in …

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Lockheed Wins Potential $750M DLA Contract for Flight Line Spare Parts

The Defense Logistics Agency has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $750 million contract to supply the U.S. Air Force with flight line spare parts. The Defense Department said Friday Lockheed won the contract, which contains a five-year base period plus three-year and two-year option periods, via a competitive acquisition that received three …

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Lockheed to Update Navy Shipboard Sensors Under $100M Contract Modification

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has secured a $100.4 million contract modification to update the U.S. Navy‘s shipboard sensor processing systems under the Technical Insertion-16 Acoustic – Rapid-Commercial-Off-The-Shelf Insertion program. The Defense Department said Friday the program seeks to accelerate the procurement of commercial off-the-shelf hardware and software to build …

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Lockheed Martin Space Systems EVP Rick Ambrose Elected to 2017 Wash100 for Strategic Partnering Leadership

Executive Mosaic, Tysons Corner, VA  March 1, 2017 — Rick Ambrose, executive vice president of Lockheed Martin’s space systems segment, has been inducted into Executive Mosaic’s 2017 Wash100 for his effective partnering and investment leadership. 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-Built F-35 to Support Future Ops Against Islamic State Group

TYSONS CORNER, VA, March 1, 2017 — Air Combat Command Chief Gen. Hawk Carlisle has said the Lockheed Martin-built (NYSE: LMT) F-35 fighter jet will be deployed within the next few years to support operations against the Islamic State militant group, Executive Gov reported Tuesday. Military.com reported Friday that Carlisle noted the aircraft …

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