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Tag Archives: Lockheed Martin

December 19 Market Close: GovCon Index Higher on Lockheed & Prime Gains, US Stocks Up With Caution on Global Turmoil

Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 ratio and …

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Collinear to Commercialize Lockheed Wireless Data Transmission Tech; Rick Ambrose Comments

TYSONS CORNER, VA, Dec. 19, 2016 — Lockheed Martin (NYSE: LMT) and Collinear Networks have entered into a partnership in efforts to commercialize wireless transmission technology over a period of more than two years, ExecutiveBiz reported Friday. Collinear has worked to develop a Lockheed-built hybrid point-to-point wireless transmission platform and will have …

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Weekly Roundup December 12 – December 16, 2016: Impending Moves for Boeing Defense, Mark Sopp & more

December 12 – December 16, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week reminded us that change is always a constant in the government contracting arena as we learned of an impending relocation by a large defense contractor and the …

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Honeywell Subsidiary Lands Potential $2.6B Sandia Labs Mgmt Contract

The National Nuclear Security Administration has selected a subsidiary of Honeywell International (NYSE: HON) for the potential 10-year, $2.6 billion contract to help operate and manage Sandia National Laboratories sites located across four states. NNSA said Friday National Technology and Engineering Solutions of Sandia will lead a team comprising Northrop Grumman (NYSE: NOC) …

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Lockheed’s Venture Capital Arm Buys Minority Stake in Chip Maker IQ-Analog

Lockheed Martin (NYSE: LMT) has purchased a minority stake in San Diego-based semiconductor firm IQ-Analog for an undisclosed amount through the former’s venture capital arm, the Wall Street Journal reported Thursday. Doug Cameron writes the move is part of Lockheed’s efforts to tap emerging technology firms as the Defense Department seeks technology …

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Navy Awards Lockheed $181M F-35 Logistics, Sustainment Contract Modification

The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) aeronautics business a $181.2 million contract modification to perform recurring logistics and sustainment work on F-35 fighter jets for U.S. and foreign military customers. The modification covers ground maintenance, action request resolution, depot activation, operations and maintenance, reliability, maintainability and health management implementation and …

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December 15 Market Close: GovCon Index Ends 3-Day Slide on HII & Services Gains

Executive Mosaic’s GovCon Index inched higher Thursday to end its three-day streak of declines on a large gain by Huntington Ingalls Industries (NYSE: HII) and contributions from services-oriented companies as U.S. stocks also climbed after the release of new economic data. GovCon Index gainers edged decliners 16-14 as six of its 11 S&P 500 …

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Lockheed Martin Completes Encapsulation of EchoStar XIX Broadband Satellite

TYSONS CORNER, VA, Dec. 14, 2016 — Lockheed Martin (NYSE: LMT) has completed the encapsulation of the EchoStar XIX broadband satellite in anticipation of its Dec. 18 launch aboard United Launch Alliance‘s Atlas V 431 rocket, ExecutiveBiz reported Tuesday. The encapsulation required the satellite to be connected to an adapter and enclosed in a …

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DigitalGlobe Shares First Image From WorldView-4 Satellite; Lockheed’s Carl Marchetto Comments

TYSONS CORNER, VA, Dec. 14, 2016 — DigitalGlobe (NYSE: DGI) has shared the first image captured by the Lockheed Martin-built (NYSE: LMT) WorldView-4 satellite that was launched in November from Vandenberg Air Force Base, ExecutiveBiz reported Tuesday. Lockheed said Monday the WorldView-4 is designed to take photos with 30-cm resolution …

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Sikorsky Vet Carey Bond Joins CPI Aerostructures Board of Directors; Eric Rosenfeld Comments

Carey Bond, a former corporate president at Lockheed Martin’s (NYSE: LMT) Sikorsky Aircraft company, has joined the board of directors of CPI Aerostructures. Bond’s appointment to the board brings the total number of directors to eight before Director Kenneth McSweeney’s retirement at the end of his term, CPI Aero said Tuesday. “A …

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