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Tag Archives: Lockheed Martin

Lockheed Gets $74M in Navy Contract Modifications for Lots 11, 12 F-35 Parts, Engineering Support

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) two contract modifications worth approximately $73.9 million combined to provide materials and services to support the low-rate initial production of F-35 Lightning II aircraft. Lockheed will provide long-lead parts and components for additional five lot 12 F-35B fighter jets under a $43.9 million …

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July 3 1:00 PM Market Close: GovConIndex Closes Up as Major Indices Are Mixed

In observance of Independence Day the markets closed at 1:00 PM today and will be closed tomorrow. The Executive Mosaic GovCon Index (GCI) closed up 0.849 percent to 95.656 approaching a 30 day high. 25 of the 30 stocks that make up the Index where in the positive. Huntington Ingalls was near …

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HIG Capital Inks $283M Cash Deal for NCI; Paul Dillahay Comments

Global private equity firm H.I.G. Capital has agreed to acquire Reston, Virginia-based government information technology services provider NCI (Nasdaq: NCIT) for approximately $283 cash, or $20 per share. NCI said Monday its board of directors unanimously approved the proposed sale and that founder and Chairman Charles Narang will tender all of …

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Executive Mosaic’s Weekly GovCon Round-up: NDAA, DoD Purchasing Reform & More

Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee’s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for …

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Sikorsky Lands Potential $5B Army Contract for Black Hawk Helicopter Production

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has secured a potential $5.2 billion contract to build H-60 Black Hawk helicopters for the U.S. Army and foreign military sales customers. The contract has an initial value of $3.8 billion and covers the production of 257 units of the UH-60M utility and HH-60M medical …

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Air Force Taps Lockheed for Potential $409M Thermal, Power, Control R&D Contract

Lockheed Martin (NYSE: LMT) has won a spot on a potential seven-year, $409 million indefinite-delivery/indefinite-quantity contract to support a U.S. Air Force program that seeks to research and develop thermal, power and control technologies for air platforms. The Defense Department said Friday the Next Generation Thermal, Power, and Controls program will involve multiple …

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Harris Receives Award as Component Supplier for Lockheed’s F-35, F-22 Aircraft

TYSONS CORNER, VA, June 30, 2017 — Harris (NYSE: HRS) has received recognition from Lockheed Martin (NYSE: LMT) for its work as a supplier of pneumatic suspension and release systems for the latter’s F-35 and F-22 fighter aircraft, GovCon Executive reported Thursday. The supplier award is based on criteria such as a 98-percent …

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ULA to Help Air Force Launch Space Test Program-3 Mission Under $191M Award

United Launch Alliance has won a potential $191.1 million contract to help the U.S. Air Force send into orbit a new satellite designed for space test missions. The Lockheed Martin (NYSE: LMT)-Boeing (NYSE: BA) joint venture will produce a launch vehicle and support mission integration, spaceflight worthiness and launch operations of the …

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Lockheed Lands $258M Contract Modification for Lot 10 F-35 Pilot Flight Equipment

Lockheed Martin (NYSE: LMT) has received a potential three-year, $257.8 million contract modification from the U.S. Navy to supply alternate mission tools, pilot flight equipment and red gear to support the low rate initial production of lot 10 F-35 Lightning II fighter jets. The firm-fixed-price modification covers purchases from the Navy, U.S. Air Force, U.S. Marine …

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June 28 Market Close: GovConIndex and Major Indices All Close Up Sharply

The Executive Mosaic GovCon Index closed up sharply 1.413 percent to 95.454. Posting the single largest daily gain for the month. 29 of the 30 stocks that make up the GovCon Index advanced on the day. Navistar International lead the index, up 6.66 percent as the company announced key executive changes at …

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