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Tag Archives: Lockheed Martin

Orbital ATK, Lockheed, NASA Test Orion Launch Abort System’s Attitude Control Motor

TYSONS CORNER, VA, May 3, 2017 — Orbital ATK (NYSE: OA) has completed a test of the attitude control motor on the launch abort system of the Lockheed Martin-built (NYSE: LMT) Orion spacecraft to verify the motor’s capability to perform in case of an aborted mission, ExecutiveBiz reported Tuesday. NASA and Lockheed personnel took …

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May 2 Market Close: GovCon Index Up as Major Markets Close to Record Highs

The Executive Mosaic GovCon Index closed up 0.319 percent to 92.667 as the large platform companies lead the way. Advancers outpacing decliners 2 to 1. On an active day of earnings reports the S&P500 and DJIA flirted with reaching 52 week highs as the NASDAQ set another record. At market close WTI …

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DOE Awards Energy Savings Performance Contracts to 21 Companies

TYSONS CORNER, VA, May 2, 2017 — The Energy Department has selected 21 companies to receive energy savings performance contracts to implement energy and water conservation and efficiency measures at federal facilities, ExecutiveBiz reported Monday. DOE said Friday the companies will finance, design, construct and install water and energy infrastructure updates at …

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Lockheed Receives $1.4B Contract for Lot 12 F-35 Long Lead Parts

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $1.38 billion contract to fund the procurement of long lead parts and components for the 12th batch of F-35 aircraft. The Defense Department said Friday the materials are needed for the manufacture of 130 lot 12 F-35s in support of U.S Air Force, Marine Corps, Navy, non-DoD …

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GovCon Wire’s Weekly Roundup: Border Protection Infrastructure & The New Space-Race

Weekly Roundup April 24 – April 28 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For months, we’ve all been reading about the proposed wall along our nation’s southern borders, headlines describing the billions of dollars that will be needed to fund such …

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Lockheed Conducts Long-Range Endurance Tests on Fury UAS

TYSONS CORNER, VA, April 28, 2017 — Lockheed Martin (NYSE: LMT) has flown its Fury unmanned aircraft system over 12 hours as part of long-range endurance tests in preparation for low-rate production, ExecutiveBiz reported Thursday. The company said Wednesday the tests at its operating base in Yuma Proving Ground also involved Fury carrying nearly …

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Lockheed Receives $423M Lot 10 F-35 Special Equipment Procurement Funds

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $422.7 million contract modification from the U.S. Navy to obtain special tools and test equipment for the tenth batch of F-35 jets. The Defense Department said Wednesday the modification covers purchases from the Navy, U.S. Air Force and Marine Corps as well as international partners and foreign military …

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Lockheed-Built MUOS-5 Satellite Begins Support for Military UHF Comms

TYSONS CORNER, VA, April 26, 2017 — The fifth Lockheed Martin-built (NYSE: LMT) Mobile User Objective System satellite is now able to support legacy ultra-high-frequency radios to provide beyond-line-of-sight communications to the military, ExecutiveBiz reported Tuesday. The company said Monday the U.S. Navy collaborated with Army Forces Strategic Command to configure one of …

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Lockheed Secures $110M Navy Contract Modification for F-35 Block 3F Upgrade Support

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $109.6 million contract modification to support Block 3F upgrade of company-built F-35s. The Defense Department said Tuesday the modification covers the provision of 567 modification kits for offboard system hardware and turnaround assets as well as recurring labor for the completion of hardware and software upgrades. …

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April 25 Market Close: GovCon Index Down Slightly as Markets Near Record Highs on Strong Earnings

The Executive Mosaic GovCon Index moved opposite to market direction and closed down slightly to 92.815 down 0.071 percent. Advancers outpaced decliners 2 to 1. U.S. markets were up significantly for the second day. The S&P500 and DJIA closed near record high, while the NASDAQ closed at a new 52 week high …

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