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Tag Archives: Lockheed Martin

Executive Mosaic’s Weekly GovCon Round-up: October’s Biggest Contracts

Weekly Roundup October 30 – November 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson During October a number of contracts valued at over a billion dollars were awarded for a variety of services such as range services, construction, healthcare staffing, foreign …

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Mike Leff, Chris Smith Take New VP Roles at AT&T’s Public Sector Group

Mike Leff, formerly vice president of strategy and operations at AT&T’s (NYSE: T) public sector organization, has been named VP of the telecommunications company’s defense business. Leff will directly report to Xavier Williams, president of AT&T’s public sector and wholesale solutions business, the company said Thursday. Leff is a two-decade public sector …

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

The Executive Mosaic GovCon Index (GCI) closed up 0.692 percent to 108.524. ManTech released a strong Q3 2017 earnings report which propelled them to the top of the GCI posting an 11 percent increase to 50.98. Advancing shares on the GCI outpaced declining 2 to 1. The three major indices closed mixed for the day. …

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James Collier Named NCI EVP, Treasurer & CFO

James Collier, former senior vice president of corporate planning and analysis at Leidos (NYSE: LDOS), has joined government technology services contractor NCI as executive vice president, chief financial officer and treasurer. NCI said Wednesday the nearly three-decade industry veteran will lead the company’s financial operations in his new position. His professional background spans …

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Lockheed Continues Partnership With Navantia on Surface Ships, Naval Combat Systems

TYSONS CORNER, VA, Oct. 30, 2017 — Lockheed Martin (NYSE: LMT) and Spain’s Navantia shipbuilder have entered into a renewed partnership to explore possible business opportunities in naval combat systems and surface ships, ExecutiveBiz reported Friday. The alliance will also work to deliver the Aegis Combat System and Spain-made sensors and …

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October 30th Market Close: GovConIndex and Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) continued to drop for the sixth consecutive day to close at 107.751 off 0.672 percent. Declining shares outpaced advancing 3 to 1. The three major indices all declined for the day. The S&P500 closed down 0.32 percent to 2,572.83, while the DJIA closed at 23,348.74 a negative …

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Lockheed Gets $131M Follow-On Contract for Paveway II Bomb Kit Production

Lockheed Martin (NYSE: LMT) has received a $131 million follow-on contract to continue to manufacture laser guided bomb kits for the U.S. Air Force. The company said Wednesday it will supply Paveway II Plus LGB kits for the ninth consecutive year to USAF and the contract includes funds meant to address …

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Reports: Northrop Ends Navy Stingray Tanker Drone Contract Pursuit

Northrop Grumman (NYSE: NOC) has decided to drop the company’s pursuit of the U.S. Navy’s carrier-based unmanned aerial refueling tanker program, Defense News reported Wednesday. The contractor’s decision came two weeks after the service issued the final request for proposals for the MQ-25A Stingray program. “Winning is great… but if you can’t …

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October 24th Market Close: GovConIndex Closes Down and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued its second day of downward direction to close at 109.620 off 0.007 percent with advancing and declining shares evenly split. The three major indices all advanced for the day as the DJIA set new record highs. Investors responded positively to encouraging earnings reports. The S&P500 closed up …

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October 23rd Market Close: A Negative Day For GovConIndex and Major Indices

The Executive Mosaic GovCon Index (GCI) reversed its two-day positive trend to close down by 0.087 percent to 109.628. Declining shares outpaced advancing 18 to 12. The three major indices declined for the day as investors eagerly watch earnings reports and movement on the Trump administrations proposed tax plan. The S&P500 closed down 0.40 …

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