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Tag Archives: Lockheed Martin

August 8th Market Close: GovConIndex and Major Indices All Move Downward

The Executive Mosaic GovCon Index (GCI) reversed direction to close down 0.261 percent to 100.760 . Decliners outpaced advancers 19 to 11. The major indices closed down for the day with the S&P500 off 0.24 percent, while DJIA moved slightly downward by 0.15 percent and the NASDAQ Composite was off 0.21 percent. …

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Air Force Moves Launch of 2 Lockheed Martin-Built Satellites to 2018

TYSONS CORNER, VA, Aug. 7, 2017 — Two Lockheed Martin-built (NYSE: LMT) U.S. Air Force satellites have been rescheduled to launch in 2018 aboard United Launch Alliance Atlas V rockets, ExecutiveBiz reported Friday. Spaceflight Now reported Wednesday the fourth Space Based Infrared System missile warning satellite will launch on Jan. 18 instead of Nov. 9 because …

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August 7th Morning Report: Friday Close – Markets End Week Up on Strong July Employment Numbers

Markets responded positively to July employment reports which beat expectation. The Executive Mosaic GovCon Index (GCI) closed the week at 100.443 up 0.122 percent. At Friday’s close advancers outpaced decliners 18 to 12. The GCI was up 1.5 percent for the week. The major indices closed up on Friday. The S&P500 gained …

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August 4th Market Close: GovConIndex and Major Indices Up on Strong July Employment Numbers

Markets responded positively to better than expected July employment reports. The Executive Mosaic GovCon Index (GCI) remained above the 100 mark to close at 100.443 up 0.122 percent. Advancers outpaced decliners 18 to 12. The major indices closed up on the day. The S&P500 gained 0.19 percent, while the DJIA set another new …

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Lockheed Martin Unveils Future $350M Satellite Production Center in Colorado; Rick Ambrose Comments

TYSONS CORNER, VA, Aug. 4, 2017 — Lockheed Martin (NYSE: LMT) aims to complete the construction of a $350 million satellite production facility in Colorado by 2020 in efforts to support the company’s growing workforce and future projects, ExecutiveBiz reported Wednesday. The future Gateway Center at Lockheed’s Waterton Canyon campus will feature …

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Boeing Wins $409M IDIQ Spot Under AF Thermal, Power, Controls Research Program

The U.S. Air Force has selected Boeing (NYSE: BA) as the latest awardee under a potential $409 million contract to help the military branch  develop thermal, power and controls systems for air platforms. The Defense Department said Thursday Boeing will participate in the Next Generation Thermal, Power, and Controls program that covers applied research …

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Lockheed Secures $161M Army Tactical Missile Service Life Extension Contract

Lockheed Martin (NYSE: LMT) has landed a $161.4 million contract from the U.S. Army to produce 150 tactical missile systems and guided missile launch assemblies under the ATACMS GMLA Service Life Extension Program. The Defense Department said Wednesday Lockheed will perform work in Texas, Arkansas, Vermont, Colorado, Connecticut, Florida, Missouri and Pennsylvania …

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August 2nd Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed up slightly to 99.401, positive 0.008 percent. KBR topped the GCI posting strong Q2 earnings which resulted in a 8.29 percent gain on the day. Advancers and decliners were evening split. The major indices closed mixed. The S&P500 up 0.05 percent to 2,477.57, while the DJIA …

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Lockheed Gets $159M FMS Funds for Phase 2 German P-3C System Refresh

Lockheed Martin (NYSE: LMT) has received a $158.5 million contract modification from the U.S. Navy to conduct phase 2 system upgrade work on Germany’s P-3C Orion maritime surveillance aircraft. The Defense Department said Tuesday Lockheed will update mission computers, acoustic equipment, armament/ordnance systems, displays and controls on eight P-3C planes as part of …

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Navy Awards Lockheed $211M Modification for F-35 Special Equipment Procurement

Lockheed Martin (NYSE: LMT) has received a $211.2 million contract modification from the U.S. Navy to procure non-recurring special tooling and test equipment needed for current and future production of F-35 aircraft. The Defense Department said Monday the modification combines purchases from the U.S. Air Force, Marine Corps, Navy, non-DoD participants and foreign …

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