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Tag Archives: Lockheed Martin

December 12 Market Close: GovCon Index Closes Down 1% After Trump F-35 Tweet, Lockheed Falls 2%

Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened. The GovCon Index traded down 2 percent shortly before 12 p.m. Eastern …

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Lockheed Examines Cheyenne Resources Ahead of Air Force ICBM Launch Facility Renovation Project

TYSONS CORNER, VA, Dec. 12, 2016 — Lockheed Martin (NYSE: LMT) representatives have visited the city of Cheyenne in Wyoming to inspect local resources as the company pursues a U.S. Air Force program to update the country’s ballistic missile system and launch facilities, ExecutiveBiz reported Friday. Wyoming Tribune Eagle reported Tuesday that Boeing (NYSE: …

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U.S., India Continue Talks on Boeing, Lockheed Fighter Aircraft Production Facilities

TYSONS CORNER, VA, Dec. 12, 2016 — The U.S. and India are working on a deal to establish manufacturing hubs for Lockheed Martin (NYSE: LMT) F-16 and Boeing (NYSE: BA) F/A-18 fighter jets in India, ExecutiveBiz reported Friday. The Washington Post reported Monday the Indian government seeks to co-produce both the F-16 and F/A-18 aircraft platforms as …

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Lockheed Down 5% at Midday, GovCon Index 2% Lower After Trump’s F-35 Twitter Criticism

Shares in Lockheed Martin (NYSE: LMT) traded down approximately 5 percent as noon Eastern time approached Monday after President-elect Donald Trump criticized the F-35 Joint Strike Fighter program on Twitter in the early morning hours. “The F-35 program and cost is out of control. Billions of dollars can and will …

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Air Force to Choose 2 Bases to House Lockheed-Built F-35A Fleet

TYSONS CORNER, VA, Dec. 9, 2016 — The U.S. Air Force will select two Air National Guard bases to host its Lockheed Martin-built (NYSE: LMT) F-35A Joint Strike Fighter jet, Executive Gov reported Thursday. The military service will choose from Dannelly Field Air Guard Station,  Gowen Field Air Guard Station,  Jacksonville Air Guard Station,  Selfridge Air National Guard Base …

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December 8 Market Close: GovCon Index Drops on Steep Prime Declines, SAIC Climbs on Earnings Beat

Executive Mosaic’s GovCon Index tumbled Thursday on steep losses among several of its large-cap prime components as U.S. stocks posted a small advance to a new record high close with financial shares the top performers at a 1-percent gain and industrials the largest laggards. Thursday’s decline puts the GCI below 90 points after a …

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Booz Allen’s Greg Wenzel Details Engineering, Digital Services Push Through Aquilent Buy

Booz Allen Hamilton‘s (NYSE: BAH) pending $250 million purchase of Laurel, Maryland-based cloud computing and digital services contractor Aquilent represents a selective entry into the GovCon acquisition landscape for a firm as it has made five purchases. McLean, Virginia-based Booz Allen largely sat out of last year’s large deal activity that reshaped the government technology services sector …

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3rd Lockheed-Developed Missile Warning Satellite Cleared for Launch

TYSONS CORNER, VA, Dec. 8, 2016 — The U.S. Air Force‘s Space and Missile Systems Center has approved the launch of the third Lockheed Martin-built (NYSE: LMT) Space Based Infrared System missile-warning satellite, Executive Gov reported Wednesday. Space News reported Tuesday the military service also cleared an update for the satellite’s ground control system …

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December 6 Market Close: GovCon Index Up on Continued Mid-Tier Defense, Services Gains

Executive Mosaic’s GovCon Index reversed its morning decline to close higher Tuesday in a second straight session of contributions by mid-tier platform and services contractors against flat or red movements by large defense primes. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and six of its 11 S&P 500 stocks …

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Lockheed Completes GPS Satellite Ground Control System Update; Vinny Sica Comments

TYSONS CORNER, VA, Dec. 6, 2016 — Lockheed Martin (NYSE: LMT) has updated the ground control system of the U.S. Air Force‘s Global Positioning System satellites as part of the GPS operational control segment modernization effort, ExecutiveBiz reported Friday. The Commercial Off-the-Shelf Upgrade #2 became fully operational on Oct. 15 and works to …

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