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Tag Archives: Lockheed Martin

Gary Wang, Peter O’Donoghue Join Unisys Federal as VPs; PV Puvvada Comments

Gary Wang, a former chief technology officer at IBM (NYSE: IBM), and Peter O’Donoghue, a former vice president at CSRA (NYSE: CSRA), will serve as VPs within Unisys‘ (NYSE: UIS) federal business. Wang will oversee Unisys Federal‘s cloud-related products as VP for cloud and infrastructure services while O’Donoghue will be responsible for the organization’s application modernization efforts …

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Lockheed Martin Gets Potential $285M Target Sight System Order From Navy

Lockheed Martin (NYSE: LMT) has received a potential $284.6 million contract from the U.S. Navy to produce infrared target sight systems for the AH-1Z Cobra attack helicopter. The company’s Orlando, Florida-based missile and fire control unit will produce the sight system in Orlando and Ocala in Florida through January 2022 for …

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Trump Asks Boeing for Super Hornet Competing Price Following Comments on F-35 Cost

President-elect Donald Trump has asked Boeing (NYSE: BA) to quote a competing price for its F-18 Super Hornet fighter aircraft citing cost overruns in the Lockheed Martin-built (NYSE: LMT) F-35 jet, Bloomberg reported Thursday. Anthony Capaccio and Alex Wayne write Trump made the announcement in a Twitter post Thursday a day after he …

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Lockheed Gets $1.45B Contract to Supply PAC-3 Missile Interceptors to Army, Foreign Govt Clients

Lockheed Martin (NYSE: LMT) has received a potential three-year, $1.45 billion contract to produce and supply Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptors for the U.S. Army and allied countries through a foreign military sales agreement. The fixed-price-incentive contract covers the delivery of 205 PAC-3 MSE interceptors for the U.S. …

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Roundup of 2016: The Year in Deals, Industry Landscape Changes & more

Our Roundup of 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Calendar year 2016 in the government contracting sector seemed to constantly give us a changing landscape to evaluate and try to forecast the short- and long-term effects of each significant development. …

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December 20 Market Close: GovCon Index Lifts on HII & Aerospace Climbs, Dow Closer to 20K

Executive Mosaic’s GovCon Index rose Tuesday with help from shipbuilder Huntington Ingalls Industries (NYSE: HII) and other large aerospace prime contractors as U.S. stocks also traded higher with financials the top gainers and the Dow Jones Industrial Average in touching distance of 20, 000. GovCon Index gainers edged decliners by a 2-to-1 …

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Lockheed Receives $88M Navy Trident II Missile Support Contract Modification

Lockheed Martin (NYSE: LMT) has received an $88 million contract modification from the U.S. Navy to provide Trident II D5 missile field processing and deployed system support. The Defense Department said Monday the military branch issued the modification to  fund work and exercise contract options under a previously awarded contract. Work will occur …

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December 19 Market Close: GovCon Index Higher on Lockheed & Prime Gains, US Stocks Up With Caution on Global Turmoil

Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 ratio and …

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Collinear to Commercialize Lockheed Wireless Data Transmission Tech; Rick Ambrose Comments

TYSONS CORNER, VA, Dec. 19, 2016 — Lockheed Martin (NYSE: LMT) and Collinear Networks have entered into a partnership in efforts to commercialize wireless transmission technology over a period of more than two years, ExecutiveBiz reported Friday. Collinear has worked to develop a Lockheed-built hybrid point-to-point wireless transmission platform and will have …

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Weekly Roundup December 12 – December 16, 2016: Impending Moves for Boeing Defense, Mark Sopp & more

December 12 – December 16, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week reminded us that change is always a constant in the government contracting arena as we learned of an impending relocation by a large defense contractor and the …

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