Home / Tag Archives: Lockheed Martin (page 72)

Tag Archives: Lockheed Martin

State Dept OKs $156M Sale of F/A-18 Joint Tactical Radio Systems, Support to Finland

The State Department has approved Finland’s request to buy F/A-18 aircraft equipment and related services from the U.S. government under a potential $156 million foreign military sales agreement. Finland asked to procure 90 Multifunctional Information Distribution System Joint Tactical Radio Systems, test and training equipment, spares, and repair parts in support of …

Read More »

Fitch Expects 3-5% Increase in Addressable Global Defense Market Over Next 3 Years

Fitch Ratings has said it projects a 3 percent to 5 percent growth in the relevant areas of the global addressable defense market over the next three years with the U.S. budget to constitute 45 percent to 50 percent of the market. Fitch said Monday it estimates the addressable global defense …

Read More »

December 5 Market Close: GovCon Index Hits First 90-Point Close, HII & Services Gains Offset Prime Declines

Executive Mosaic’s GovCon Index closed above the 90-point mark for the first time since its October 2014 inception as Huntington Ingalls Industries (NYSE: HII) and services contractors led gains to offset declines by Northrop Grumman (NYSE: NOC) and other defense primes on a positive day for U.S. stocks. Monday’s strong performance restarts a post-election …

Read More »

Report: Navy Eyes Super Hornet Purchase to Address Carrier-Based Strike Fighter Shortfall

The U.S. Navy looks to unload its Boeing-built F/A-18 Hornet fighter jets and buy F/A-18E/F Super Hornet aircraft to address a shortage of fighters jets aboard the service branch’s carriers, Reuters reported Saturday. Andrea Shalal writes a Navy official said the plan could be implemented as part of the fiscal year 2018 budget alongside …

Read More »

ULA to Support Air Force Launch Vehicle Configuration Under $269M Contract Modification

United Launch Alliance has received a $269.2 million contract modification to configure the Delta IV Heavy rocket as part of the U.S. Air Force‘s launch vehicle production requirement for fiscal year 2017. The Defense Department said Friday work will occur in Centennial, Colorado; Decatur, Alabama; and Cape Canaveral Air Force Station, Florida, through April …

Read More »

December 2 Market Close: GovCon Index Inches Up for 4th Straight Positive Week, US Stocks Mixed on November Jobs Beat

Executive Mosaic’s GovCon Index traded higher Friday in a mixed session for U.S. stocks as investors looked at November jobs figures above economists’ expectations and furthered anticipation of an interest rate hike Dec. 14. The GCI ends at its fourth straight weekly advance, while the S&P 500 closed flat Friday …

Read More »

Weekly Roundup November 28 – December 2, 2016: CACI’s Jack London, Booz’s ‘2020’ Buy & more

November 28 – December 2, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Jack London, executive chairman of CACI International’s board of directors, is an iconic figure to the government contracting and Washington, D.C. business communities. Often referred to as the “founder …

Read More »

Lockheed to Supply France With C-130J Variant Under $133M Contract Modification

Lockheed Martin (NYSE: LMT) has been awarded a four-year, $133.4 million contract modification by the U.S. Air Force to provide a stretch version of the C-130J Super Hercules airlifter to France. Lockheed’s aeronautics business will build C-130J-30 aircraft for the French military at a company facility in Marietta, Georgia, and is scheduled to finish work …

Read More »

December 1 Market Close: GovCon Index Flat on Services Stock Declines & Aerospace Gains

Executive Mosaic’s GovCon Index closed in narrow range Thursday to start the final month of 2016 as sharp declines by government services contractors offset large gains for aerospace stocks in a session that saw U.S. stocks close mixed. GovCon Index decliners outnumbered advancers by a 2-to-1 ratio and five of its 11 S&P 500 stocks …

Read More »

Former Siemens Federal Lead Judy Marks Named CEO of Conglomerate’s US Arm

Judy Marks, an executive vice president at the Dresser-Rand subsidiary of Siemens,  has been selected to succeed the retiring Eric Spiegel as CEO of the industrial conglomerate’s U.S. subsidiary in a move scheduled to take effect Jan. 1. “Judy has a deep knowledge of Siemens’ entire portfolio that will serve us well during this time of …

Read More »