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Tag Archives: Lockheed Martin

IDC Report Names Companies With Top IT Revenue From Gov’t Sales in 2017

TYSONS CORNER, VA, Sept. 21, 2017 — Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Leidos (NYSE: LDOS) have the three highest revenue from information technology sales to the federal government in 2017 among companies that earn more than one third of their revenue from government clients, ExecutiveBiz reported …

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September 20th Market Close: GovConIndex Closes Up and Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued to post gains for the fourth consecutive day, reaching another new YTD record high. The CGI closed at 105.45 up 0.552 percent with advancing shares outpacing declining 3 to 1. Markets showed little change on the day as the Fed delivered their message to shrink the …

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September 19th Market Close: GovConIndex Up as the Major Indices All Set New Records

The Executive Mosaic GovCon Index (GCI) posted another YTD high with its third consecutive daily increase, up 0.867 percent to 104.825. Engility Holdings topped the GCI with an almost 5 percent daily gain, while SAIC, AECOM, ICF, and ManTech International all posted greater than 2 percent increase on the day. All three major …

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Former Govplace CFO Mark Serway Named HDS Federal Finance Chief, Operations VP

Mark Serway, former chief financial officer of government technology provider Govplace, has joined Hitachi Data Systems‘ federal business as CFO and vice president of operations. He will report to HDS Federal President and CEO David Turner and oversee the unit’s controllership, treasury, tax, information technology and customer support functions, Hitachi Data Systems said …

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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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