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Tag Archives: Lockheed Martin

September 5th Morning Report: Friday Close – GovCon Index and Markets Enter Labor Day Weekend in the Positive

The Friday before Labor Day the Executive Mosaic GovCon Index (GCI) continued to climb for the fifth consecutive day to close up 0.588 percent to 102.099. ICF (NYSE; ICFI), topped the GCI with 7.18 percent gain on the day and 8.10 points or 18.7 percent on the week. The major indices all closed Friday with positive …

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Executive Mosaic’s Weekly GovCon Round-up: This Week in Contracts

Weekly Roundup August 28 – September 1 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week we saw a number of contracts awarded across a variety of fields such as medicine, cybersecurity, vehicle improvement and modernization, missiles and more. Let’s take a …

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Lockheed, Mahindra Launch India-Based Training Center for C-130J Aircrew

TYSONS CORNER, VA, Sept. 1, 2017 — Lockheed Martin (NYSE: LMT) and its partner Mahindra Defence Systems have unveiled a new facility in India that features a full-motion simulator that will work to train C-130J Super Hercules aircrew in the Indian air force, ExecutiveBiz reported Thursday. Mahindra said Wednesday the training center in …

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State Dept OKs Australia’s Request for $360M in MH-60R Helicopter Upgrade Services

The State Department has approved Australia’s request to purchase follow-on technical services and related equipment to support updates to 24 MH-60R helicopters under a potential $360 million foreign military sales agreement. Lockheed Martin’s (NYSE: LMT) Sikorsky business will serve as the principal contractor in the proposed FMS transaction that also …

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Sikorsky Gets $304M Contract Funds to Produce Initial Navy CH-53K Helicopters

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has received a potential $304 million contract modification from the U.S. Navy for the low-rate initial production of lot 1 CH-53K heavy-lift helicopters. The Defense Department said Thursday that Sikorsky will build two CH-53K units as well as provide aircraft, programmatic and logistics support, peculiar support equipment and …

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August 31st Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued to climb for the fourth consecutive day, closing at 102.025 up 1.093 percent. ICF International topped the GCI delivering greater than 5.00 percent growth, while CACI, AECOM, Navistar, and ManTech all posted greater than 2.00 percent positive change on the day. Advancing shares outpaced declining …

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Stephanie Hill Named Lockheed Corporate Strategy, Business Devt SVP; Marillyn Hewson Comments

Stephanie Hill, vice president and general manager of cyber, ships and advanced technologies at Lockheed Martin (NYSE: LMT), has been named senior VP for corporate strategy and business development at the Bethesda, Maryland-based aerospace and defense contractor in a move that takes effect Sept. 11. Hill will also serve as a …

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August 29th Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued its upward direction to end the day at 100.917, positive 0.932 percent. Navistar International, ICF, Raytheon, and Rockwell Collins all topped the GCI with greater than 2.00 percent positive change on the day. Advancing shares outpaced declining 5 to 1. The major indices all closed up. The …

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August 28th Market Close: GovConIndex Closes Down and Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed last weeks positive direction to close down 0.048 percent to 99.823. Advancing and declining shares split evening on the day. The major indices closed mixed on a thinly traded day. The S&P500 moved ahead by 0.05 percent to 2,444.24, while DJIA lost 0.02 percent to 21,808.40, and …

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Report: Israel to Purchase 17 More F-35s Under Potential $2B Deal

Israel has signed an agreement with the U.S. government and Lockheed Martin (NYSE: LMT) to buy an additional 17 F-35 fighter jets worth approximately $1.7 billion, The Times of Israel reported Sunday. Israel’s defense ministry said Lockheed is slated to deliver the new batch of 17 F-35s by December 2024 after the …

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