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Tag Archives: Lockheed Martin

Lockheed Integrates Updated Comms Satellite for Saudi Customers; Rick Ambrose Comments

TYSONS CORNER, VA, Aug. 16, 2017 — Lockheed Martin (NYSE: LMT) has completed the integration of an updated A2100 communications satellite for Arabsat and the King Abdulaziz City for Science and Technology organization in Saudi Arabia, ExecutiveBiz reported Friday. “We’ve modeled this activity in our virtual reality lab hundreds of times, but this is …

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Lockheed-Raytheon JV Awarded $134M to Supply 3 FMS Clients With Javelin Equipment

A joint venture of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) has received a five-year, $133.9 million contract modification from the U.S. Army for the delivery of Javelin equipment and associated parts to three foreign military sales customers. The Defense Department said Tuesday Javelin Joint Venture will provide non-recurring engineering services …

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August 14th Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued its upward trend from the 11th to close up 1.229 percent to 101.260. Advancing shares outpaced decliners 24 to 6. The major indices closed up today with the S&P500 advancing 1.00 percent to 2,465.84, while DJIA moved up by 0.62 percent to 21,993.71, and the NASDAQ Composite increased by 1.34 percent to 6,340.23. Crude oil …

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Lockheed Wins $8B Follow-On Contract for Global Logistics Support to US Special Forces

The U.S. Special Operations Command has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $8 billion contract to continue providing logistics support services to the country’s special operations forces. The Defense Department said Friday the company will also support program and enterprise management functions for USSOCOM’s program executive office of the …

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Lockheed Ships 3 GPS Satellite Signal Receivers to Air Force; Vinny Sica Comments

TYSONS CORNER, VA, Aug. 11, 2017 — Lockheed Martin (NYSE: LMT) has completed the delivery of three of six satellite signal receivers for the U.S. Air Force‘s global positioning system monitoring stations in efforts to update the ground control system, ExecutiveBiz reported Monday. The company said Monday the Monitor Station Technology Improvement Capability …

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Harris Ships 3rd Navigation Payload for Lockheed-Built GPS III Satellites

TYSONS CORNER, VA, Aug. 10, 2017 — Lockheed Martin (NYSE: LMT) has received from Harris (NYSE: HRS) the third of 10 navigation payloads for the Global Positioning System III satellites that will work to build on signal power, accuracy and jamming resistance for the U.S. Air Force, ExecutiveBiz reported Wednesday. Harris said …

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August 9th Market Close: GovConIndex Closes Up While Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) closed up 0.144 percent to 100.857. Advancers and decliners split even on the day. The major indices responded to heightened tensions between the U.S. and North Korea and closed slightly down for the day. The S&P500 off 0.04 percent while DJIA moved downward by 0.17 percent, and …

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August 8th Market Close: GovConIndex and Major Indices All Move Downward

The Executive Mosaic GovCon Index (GCI) reversed direction to close down 0.261 percent to 100.760 . Decliners outpaced advancers 19 to 11. The major indices closed down for the day with the S&P500 off 0.24 percent, while DJIA moved slightly downward by 0.15 percent and the NASDAQ Composite was off 0.21 percent. …

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Air Force Moves Launch of 2 Lockheed Martin-Built Satellites to 2018

TYSONS CORNER, VA, Aug. 7, 2017 — Two Lockheed Martin-built (NYSE: LMT) U.S. Air Force satellites have been rescheduled to launch in 2018 aboard United Launch Alliance Atlas V rockets, ExecutiveBiz reported Friday. Spaceflight Now reported Wednesday the fourth Space Based Infrared System missile warning satellite will launch on Jan. 18 instead of Nov. 9 because …

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August 7th Morning Report: Friday Close – Markets End Week Up on Strong July Employment Numbers

Markets responded positively to July employment reports which beat expectation. The Executive Mosaic GovCon Index (GCI) closed the week at 100.443 up 0.122 percent. At Friday’s close advancers outpaced decliners 18 to 12. The GCI was up 1.5 percent for the week. The major indices closed up on Friday. The S&P500 gained …

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