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Tag Archives: Lockheed Martin

Lockheed Martin Canada Teams With Rank Software for Co-Branded Cybersecurity Offering

TYSONS CORNER, VA, Feb. 10, 2017 — The Lockheed Martin (NYSE: LMT) business unit in Canada has partnered with Rank Software in efforts to deliver cybersecurity and security analytics services to defense programs in the country and abroad, ExecutiveBiz reported Thursday. Lockheed Martin Canada said Tuesday the collaboration aims to address challenges such …

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February 9 Market Close: GovCon Index, US Stocks Lift After Trump Tax Policy Hint

Executive Mosaic’s GovCon Index climbed Thursday on strong gains by large aerospace primes and services contractors as all three major U.S. stock indices hit record highs in intraday trade after President Donald Trump said he would give a tax policy announcement in the next few weeks. GovCon Index gainers outnumbered laggards by …

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Lockheed Martin Utilizes DigitalGlobe’s Geospatial Big Data Analysis Plaform

TYSONS CORNER, VA, Feb. 9, 2017 — Lockheed Martin (NYSE: LMT) has adopted DigitalGlobe‘s (NYSE: DGI)  geospatial big data analytics platform to support the development of new commercial products designed to provide precision coordinates and three-dimensional maps, ExecutiveBiz reported Wednesday. DigitalGlobe said Tuesday Lockheed, along with PrecisionHawk and Video Inform, are part of its GBDX ecosystem of partners and …

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Australia’s Lockheed-Built F-35As, Boeing-Built EA-18G Growler to Debut at Airshow in March

TYSONS CORNER, VA, Feb. 9, 2017 — The Australian defense ministry will debut the country’s new Lockheed Martin-built (NYSE: LMT) F-35A fighter jets and a Boeing-built (NYSE: BA) EA-18G Growler electronic warfare aircraft at the Australian International Airshow on March 3, Executive Gov reported Wednesday. Australian Defense Minister Christopher Payne said in a statement …

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February 7 Market Close: GovCon Index Higher on Boeing Lift, US Stocks End Positive Despite PM Dip

Executive Mosaic’s GovCon Index closed higher Tuesday with a strong performance by Boeing (NYSE: BA) the main contributor, while U.S. stocks ended slightly green despite an afternoon descent as investors eyed oil price declines. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as nine of its 11 S&P 500 components …

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February 6 Market Close: GovCon Index Inches Green on Aerospace Prime Boosts, US Stocks Lower

Executive Mosaic’s GovCon Index notched a small advance Monday on help from large aerospace-and-defense primes as U.S. stocks held lower without a major event as a driver of trading activity in equity markets. GovCon Index gainers and decliners split even at 15-each but eight of its 11 S&P 500 components gained with seven of …

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Reports: DoD Seals $8.5B Deal With Lockheed for 90 F-35s

The Defense Department and Lockheed Martin (NYSE: LMT) have finalized an $8.5 billion contract for the manufacturer to supply 90 lot 10 F-35s, an order that is $728 million less than the cost of the previous batch of the fighter jets, Reuters reported Friday. Mike Stone writes the latest F-35 deal lowers the price of …

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Stavatti Aerospace to Pitch Javelin Trainer for Air Force T-X Competition

Stavatti Aerospace has announced plans to offer its Javelin military jet trainer and very light fighter aircraft to the U.S. Air Force‘s $16.3 billion T-X trainer program. The company said Friday the Javelin platform, which was derived from the Aviation Technology Group-built Javelin Mk-30 civil jet sportplane, will be offered as a potential replacement for the service branch’s …

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February 3 Market Close: GovCon Index Higher on L3 & HII Boosts, US Stocks Up After Trump Banking Exec Order

Executive Mosaic’s GovCon Index rose Friday on advances large and middle-tier defense primes as U.S. stocks climbed following the January jobs report and President Donald Trump’s new executive order to reduce regulations on the banking industry implemented after the 2008 crisis. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio as nine …

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Lockheed’s Speedline Facility Completes Inlet Coating Repair on 1st F-22 Raptor

TYSONS CORNER, VA, Feb. 3, 2017 — Lockheed Martin (NYSE: LMT) has completed and delivered the first F-22 Raptor fighter aircraft to have undergone inlet coating repair work at its Speedline facility in Marietta, Georgia, ExecutiveBiz reported Thursday. The company said Wednesday it performs modification support services, analytical condition inspections, antenna calibration and other maintenance work on …

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