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Tag Archives: Lockheed Martin

Lockheed Martin Unveils Manufacturing & Tech Training Center in Alabama

TYSONS CORNER, VA, Sept. 18, 2017 — Lockheed Martin (NYSE: LMT) has established a new 7,000-square-foot training facility in Troy, Alabama, that will deliver on-site education programs for local employees, military and government agencies in efforts to develop the state’s workforce, ExecutiveBiz reported Friday. The company said Thursday the Advanced Manufacturing …

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Lockheed-Elbit Team Eyes UK Navy Program for EW Modernization

TYSONS CORNER, VA, Sept. 15, 2017 — Lockheed Martin (NYSE: LMT) will collaborate with Elbit Systems to build a maritime electronic warfare technology in pursuit of a British navy contract for EW modernization, ExecutiveBiz reported Thursday. The companies’ U.K. business operations entered into the strategic teaming agreement for the Maritime …

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September 14th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed down 0.456 percent to 101.596. Advancing shares slightly lagged declining 12 to 17. The three major indices closed mixed on the day. The S&P500 closed down 0.11 percent to 2,495.62, while the DJIA set a new high gaining 0.20 percent to 22,203.48, and the NASDAQ …

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Vinny Sica: Lockheed Mission Solutions Looks to ‘Whole of System’ Offerings for Space Industry

TYSONS CORNER, VA, Sept. 14, 2017 — Vinny Sica, vice president and general manager for mission solutions at Lockheed Martin (NYSE: LMT), has said the business unit is working to build on its integrated offerings for international customers as the space industry continues to transform and the domain becomes congested, contested …

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State Dept OKs $3.95B in F-16V Aircraft, Patrol Boats, TOW Missile Requests From Bahrain

The State Department has cleared Bahrain’s request to buy F-16V fighter aircraft variant, services for the upgrade of F-16 Block 40 jets to F-16V configuration, TOW missiles and fast-patrol boats under four foreign military sales agreements worth approximately $3.95 billion combined. Bahrain requested to purchase 19 F-16V fighter planes, jet engines, M61 Vulcan …

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September 11th Morning Report: Friday Close – GovCon Index and Markets All Down For The Week

The Executive Mosaic GovCon Index (GCI) ended Friday down .745 percent from Tuesday’s opening value. Friday saw the platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all sharing the top four slots of the GCI, all posting in excess of 1.0 percent gains. The short trading week saw the major …

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September 8th Market Close: GovConIndex Closes Down as Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed its positive direction yesterday to close down 0.762 percent to 101.346. Advancing and declining shares closed evenly on the day. The platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all shared the top slots of the GCI, all posting in excess of 1.0 …

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Executive Mosaic’s Weekly GovCon Round-up: Public-to-Private Sector Executive Moves of the Summer

Weekly Roundup September 4 – September 8 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As the summer comes to a close, let’s take a quick look at the public-to-private sector executive moves over the past few months. A number of high …

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Boeing Names Troy Lahr CFO of Autonomous Systems Unit, Board Member at ULA

TYSONS CORNER, VA, Sept. 8, 2017 — Boeing (NYSE: BA) has appointed Troy Lahr, vice president of investor relations, to serve as chief financial officer of the autonomous systems business and board member at the company’s United Launch Alliance joint venture with Lockheed Martin (NYSE: LMT) beginning Sept. 22, GovCon …

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Report: L3 Picks Gulfstream 550 Aircraft for USAF Compass Call Replacement

Ann Stefanek, spokeswoman for the U.S. Air Force, has said that L3 Technologies (NYSE: LLL) has selected the Gulfstream Aerospace-built Gulfstream 550 airborne early warning aircraft to replace the military branch’s current electronic attack platform, DoD Buzz reported Thursday. The Air Force contracted L3 to move electronic warfare technologies currently carried by EC-130H …

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