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Tag Archives: Lockheed Martin

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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Air Force Adds Northrop, Pratt & Whitney to $409M Thermal, Power & Controls Devt IDIQ

Editor’s Note 7/13/17: The Defense Department said the contract for Pratt and Whitney was mistakenly announced on July 11 and has not yet been awarded. The U.S. Air Force has selected Northrop Grumman (NYSE: NOC) and United Technologies Corp.‘s (NYSE: UTC) Pratt and Whitney subsidiary as additional awardees on a potential seven-year, …

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Lockheed-Raytheon JV to Supply Javelin Anti-Tank System Rounds, Support to Army

TYSONS CORNER, VA, July 11, 2017 — A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) joint venture will deliver containerized rounds, electronics and command launch units for the Javelin anti-tank missile system under a $56.8 million contract modification from the U.S. Army, ExecutiveBiz reported Monday. The Defense Department said Friday the award …

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DoD Estimates F-35 Program Costs to Spike to $406 Billion

The Pentagon’s most expensive  F-35 fighter jet program is expected to become even more pricey as costs spike nearly 7 percent to $406.5 billion. There is at least $27 billion in overruns, according to a draft of the Selected Acquisition Report to be submitted this week to Congress obtained by Bloomberg. …

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Lockheed Gets $5.6B Modification on Lot 11 F-35 Production Contract

Lockheed Martin (NYSE:LMT) has received a potential $5.58 billion contract modification from the U.S. Navy for the low-rate initial production of lot 11 fiscal 2017 F-35 Lightning II aircraft. The modification covers the production of 48 F-35As for the U.S. Air Force, 18 F-35Bs for the U.S. Marine Corps and eight F-35Cs for …

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July 10th Morning Report: Friday Close – GovConIndex Reaches 30 Day High

All the market closed trading Friday in the positive on the day. The Executive Mosaic GovCon Index (GCI) reached a 30 day high to close at 96.626 up 1.33 percent with twenty eight of the thirty stocks that make up the index closing positive. The major indices closed strong on Friday responding …

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July 7th Market Close: GovConIndex Reaches 30 Day High As Major Indices Close Up

All market reversed their downward direction from yesterday and closed up strongly today. The Executive Mosaic GovCon Index (GCI) reached a 30 day high to close at 96.626 up 1.33 percent with twenty eight of the thirty stocks that make up the index closing positive. All the major indices reversed yesterdays downward …

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