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Tag Archives: Lockheed Martin

October 9th Market Close: GovConIndex and Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) fell today by 0.042  percent to 109.149 with advancing and declining shares pretty well split even. The major indices all closed down, with the S&P500 closing down 0.18 percent to 2,544.73, while the DJIA closed at 22,761.07 off 0.06 percent, and the NASDAQ Composite closed down 0.16 …

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Lockheed to Help MDA Test, Integrate Low-Power Laser on UAV

TYSONS CORNER, VA, Oct. 9, 2017 — Lockheed Martin (NYSE: LMT) will support a Missile Defense Agency project to test and integrate a low-power laser to an unmanned aerial vehicle under a $9.4 million contract, ExecutiveBiz reported Friday. The Defense Department said Thursday the contract is part of the Low Power …

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State Dept Clears $15B Sale of THAAD Missile Defense Systems, Equipment to Saudi Arabia

The State Department has approved a potential $15 billion foreign military sale of anti-ballistic missile defense systems, related equipment and support services to Saudi Arabia. Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will serve as principal contractors on the sale, the Defense Security Cooperation Agency said Friday. The transaction covers the delivery …

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Lockheed, Austal USA Secure Navy LCS Construction Contracts

Lockheed Martin (NYSE: LMT) and Austal’s U.S. arm have received six-year contracts worth $584.2 million each to help the U.S. Navy build Littoral Combat Ships. The contract modification awarded to Austal USA covers LCS design, planning, construction and testing activities in exercise of an option to a previously awarded contract, the …

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October 9th Morning Report: GovCon Index and Indices End First Week of October Positive

As we ended the first week in October the Executive Mosaic GovCon Index (GCI) continued for its sixth consecutive day of gains, to close up 0.032 percent for the day and up 0.67 percent from the monthly open. The markets closed mixed with the S&P500 down 0.11 percent to 2,549.33, while the DJIA also moved down …

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October 6th Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued for its sixth consecutive day of gains, to close up 0.032 percent to 109.193 with advancing and declining shares pretty well split even. The markets showed marginal movement closing mixed, with the S&P500 closing down 0.11 percent to 2,549.33, while the DJIA also moved down closing …

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Lockheed Martin’s T-50A Trainer Aircraft Completes 100th Sortie

TYSONS CORNER, VA, Oct. 6, 2017 — Lockheed Martin‘s (NYSE: LMT) T-50A aircraft has reached a milestone with its 100th sortie in Greenville, South Carolina, as the company pursues the U.S. Air Force‘s Advanced Pilot Training contract, ExecutiveBiz reported Thursday. The company said Wednesday the T-50A is undergoing continued flight operations in Greenville following the submission of …

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Executive Mosaic’s Weekly GovCon Round-up: September’s Billion Dollar Contracts

Weekly Roundup October 2 – October 6 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Last month the GovCon community witnessed a number of highly valued contracts. September had eight contracts valued over a billion dollars awarded for a variety of …

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October 5th Market Close: GovConIndex and Major Indices Continue to Push to New Highs

The Executive Mosaic GovCon Index (GCI) continued its fifth consecutive day of record highs, up 0.32 percent to 109.157 with advancing shares outpacing declining 3 to 1. The markets furthered their positive trend with the S&P500 closing up 0.56 percent to 2,552.07, while the DJIA posted its seventh day of gains closing at 22,775.39 up 0.50 …

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Lockheed Vet James Craig Joins Cubic Defense Segment as Ground Training Systems VP, GM; Dave Buss Comments

James Craig, a 35-year veteran of Lockheed Martin (NYSE: LMT), has joined Cubic’s (NYSE: CUB) global defense segment as vice president and general manager of ground training systems. “Jim brings a wealth of talent, energy and remarkable program execution credentials to Cubic,” Dave Buss, president of Cubic Global Defense, said …

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