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Tag Archives: Lockheed Martin

March 20 Morning Report: GovCon Index Closes Week in the Positive as Fed Raises Rates To 1.00 Percent

On Wednesday of last the Federal Reserve raised rates by one quarter point to 1.0 percent, while giving a strong indication of the potential for two additional rate increases to come later in the year. Executive Mosaic’s GovCon Index moved up to end the week in the positive. The Index closed …

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March 17 Market Close: GovCon Index Ends Week Up, as Markets Show Modest Weekly Gains

Executive Mosaic’s GovCon Index moved contrary to the markets today to end the week in the positive. The Index closed at 94.094, up 0.853 percent from the week’s open. The markets closed mixed for the day with the S&P 500 and DJIA closing down, 0.13 percent and 0.10 percent respectively. The …

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March 16 Market Close: GovCon Index Down, With Mixed Market Closings

Executive Mosaic’s GovCon Index closed down on the day as markets were mixed. After the Federal Reserve raised rates by one quarter point yesterday the markets responded with modest losses on the S&P500 and DJIA and a nominal gain on the NASDAQ. Treasury yields moved higher and the dollar lower. GovCon …

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Lockheed Secures Potential $347M Contract to Continue Support for DoD Cybercrime Center

Lockheed Martin (NYSE: LMT) has received a potential five-year, $347 million contract from the General Services Administration to provide a range of technical, functional and managerial support services at the Defense Department‘s cybercrime center. The contract covers Defense Cyber Crime Center services such as leadership and staffing for the DoD Collaborative Information Sharing Environment, Defense Computer …

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Lockheed to Continue Aegis Implementation Studies Under $80M Navy Contract Modification

Lockheed Martin (NYSE: LMT) has received a potential $80.5 million contract modification from the U.S. Navy to continue to conduct additional implementation studies for the Aegis ballistic missile defense system. The Defense Department said Wednesday the studies will be used to support future shipbuilding programs of foreign military sales clients that …

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March 15 Market Close: GovCon Index Up, as Markets React Positively to the Federal Reserve Rate Increase

Executive Mosaic’s GovCon Index closed up on the day as markets responded positively to the Federal Reserve raising the benchmark lending rate. Not to anybody’s surprise the Federal Reserve raised rates by one quarter point to 1.0 percent, while also giving a strong indication for two additional rate increases later in …

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MDA Awards Lockheed $103M in Missile Tech Risk Reduction Contracts

Lockheed Martin (NYSE: LMT) has won two contracts worth a combined $103.4 million to support the Missile Defense Agency‘s efforts to reduce risk for missile technologies. The Defense Department said Thursday Lockheed’s space systems business will help MDA optimize performance and address risk for a gimbaled seeker assembly, integrated avionics assembly, …

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Douglas Dreyer Joins Parsons’ Federal Group as Business Devt EVP; Carey Smith Comments

Douglas Dreyer, formerly a senior vice president at Vencore, has been appointed executive VP of business development at Parsons’ federal business unit. Dreyer will oversee the federal group’s business development operations in the U.S. through the company’s office in Centreville, Virginia, Parsons said Thursday. “He brings 32 years of progressive …

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March 9 Market Close: GovCon Index Down, While Stock Markets Close Up and WTI Drops Below $50

Executive Mosaic’s GovCon Index closed down for the day to 92.798 off -0.123%, contrary to the major markets which all closed slightly up. Investors wait for the February official U.S. jobs data due to release tomorrow. GovCon Index decliners outpaced advancers 19 to 11 as Orbital ATK (NYSE:OA) leds gainers for …

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US Begins Rollout of Lockheed-Built Missile Defense System in South Korea

TYSONS CORNER, VA, March 8, 2017 — The U.S. and South Korea have begun the deployment of the Lockheed Martin-manufactured (NYSE: LMT) Terminal High-Altitude Area Defense system in the Korean Peninsula to address potential missile threats from North Korea, Executive Gov reported Tuesday. Reuters reported Tuesday the THAAD system will work to intercept …

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