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Tag Archives: Lockheed Martin

CAE Books $139M Defense Contracts for Aircraft Training Products & Services; Gene Colabatistto Comments

CAE has secured more than $138.5 million in contracts during the first quarter of its 2018 fiscal year to provide aircraft simulation products, training services and in-service support to U.S. and international defense customers. Montreal-based CAE said Tuesday it received contracts from Lockheed Martin (NYSE: LMT), L3 Technologies‘ (NYSE: LLL) MAS subsidiary and Airbus Group‘s …

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Lockheed Martin’s Rick Ambrose Lands NDIA Recognition for Space Systems Work

TYSONS CORNER, VA, July 18, 2017 — Lockheed Martin (NYSE: LMT) Executive Vice President Rick Ambrose has received recognition from the National Defense Industrial Association for his work in the space systems industry, GovCon Executive reported Friday. NDIA said its space division will present the Peter B. Teets Award to Ambrose, head …

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July 17th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed it’s positive direction from last week to close down 0.308 percent to 97.774. Decliners outpaced advancers 2 to 1. After last weeks record highs the major indices had minor changes on the day closing mixed with the S&P500 and DJIA down and the NASDAQ Composite …

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Lockheed Martin Launches New Facility to Drive UK Cybersecurity Efforts

TYSONS CORNER, VA, July 17, 2017 — Lockheed Martin (NYSE: LMT) has unveiled a new $3.9 million cybersecurity hub in the U.K. that will work to supplement cyber-related technology development and collaboration efforts in the country, ExecutiveBiz reported Friday. The company said Thursday the Cyber Works center in Gloucester seeks to …

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Lockheed Secures $130M Army Contract Funds for Fiscal 2017 PAC-3 Missile Production

Lockheed Martin (NYSE: LMT) has secured a $130.3 million modification to build additional Patriot Advanced Capability-3 air defense missiles for the U.S. Army and government customers under the foreign military sales program. The Defense Department said Friday Lockheed will provide a total of 35 PAC-3 missile segment enhancement interceptors to the …

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July 17th Morning Report: Friday Close – GovConIndex, S&P500, DJIA End The Week at New Highs

The Executive Mosaic GovCon Index (GCI) closed the week on Friday at a new high while coming close to breaking the 98.00 mark. Advancers outpaced decliners 3 to 1 as the GCI closed at 97.971, up 0.450 percent. The major indices all closed up with the S&P500 and DJIA reaching a new …

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July 14th Market Close: GovConIndex, S&P500, and DJIA Reach New Highs

The markets ended the week in the positive. The Executive Mosaic GovCon Index (GCI) flirted with breaking 98.00 closing up 0.450 percent to 97.971 reaching new highs with advancers outpacing decliners 3 to 1. The major indices all closed up with the S&P500 and DJIA reaching a new highs.  The S&P500 ended …

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Executive Mosaic’s Weekly GovCon Round-up: Geospatial Intelligence, Noblis and More

Weekly Roundup July 10 – July 14 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, Noblis, Inc., a nonprofit provider of science, technology, and strategy services to government agencies, was awarded a $3 billion IDIQ contract from the National Oceanic and Atmospheric Administration …

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July 13th Market Close: GovConIndex Closes Down and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) closed down for the first time in four days. The major indices all closed up with the DJIA reaching a new high of 21,553.09, the S&P500 was up 0.19 percent, while the NASDAQ Composite gained 0.21 percent driven by Technology shares. WTI crude oil closed positive …

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State Dept Clears Potential $4B Patriot Missile Sale to Romania

The State Department has approved Romania’s request to procure Patriot air defense systems, support and equipment under a potential $3.9 billion foreign military sales deal. Romania requested seven Patriot Configuration-3+ modernized fire units comprised of seven AN/MPQ-65 radar sets, seven AN/MSQ-132 engagement control stations, 13 antenna mast groups, 28 M903 launching stations, 56 …

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