Home / Tag Archives: Lockheed Martin (page 80)

Tag Archives: Lockheed Martin

Boeing CEO Says Progress Made on ‘Simplifying Requirements’ for Air Force One After Trump Meeting

Boeing (NYSE: BA) CEO Dennis Muilenburg told reporters Tuesday after his hour-long meeting with President-elect Donald Trump that the company has moved forward on efforts in “simplifying requirements” for the future Air Force One replacement airplane with combat jets also a topic of discussion there. Trump first criticized the presidential aircraft program on …

Read More »

Lockheed to Supply Navy Integrated Undersea Surveillance Tech Under $121M Contract Modification

Lockheed Martin (NYSE: LMT) has received a $120.9 million contract modification from the U.S. Navy to provide an integrated undersea surveillance system as well as engineering services for a sonar system. The Defense Department said Friday Lockheed’s rotary and mission systems business will support the Acoustic-Rapid-Commercial-Off-The-Shelf Insertion sonar system that works to integrate and …

Read More »

Lockheed Awarded $327M UK Aerial Surveillance System Devt Contract

Lockheed Martin’s (NYSE: LMT) U.K. arm has received a potential $327 million contract to develop an airborne surveillance system for integration with the U.K. defense ministry’s fleet of Merlin HM Mk2 helicopters. The contract for the Crowsnest aerial surveillance program covers initial provisioning of spares as well as demonstration and manufacturing work, …

Read More »

January 13 Market Close: GovCon Index Rebounds, Holds at Weekly Loss as Lockheed Halts 4-Day Slide

Executive Mosaic’s GovCon Index rebounded Friday with strong performances by defense prime stocks as U.S. stocks rose on investor optimism from quarterly earnings beats by large financial institutions and positive retail sales numbers from December. GovCon Index gainers outnumbered laggards by a 2-to-1 ratio and nine of its 11 S&P 500 stocks moved …

Read More »

Lockheed CEO: New Deal to Cut Costs on Next F-35 Line ‘Close’

Lockheed Martin (NYSE: LMT) is “close to a deal” on a new contract that would “significantly” bring down costs of the next line of F-35 fighter jets and add 1, 800 new jobs at its Fort Worth, Texas facility that houses production, the company’s chief executive said Friday after a meeting with …

Read More »

Lockheed Continues Mentorship of Accurate Machine and Tool

TYSONS CORNER, VA, Jan. 13, 2017 — Lockheed Martin (NYSE: LMT) continues to mentor Accurate Machine and Tool under the Defense Department‘s Mentor-Protege Program to develop the small business’ efforts to support more customers and pursue opportunities in the public sector as a prime contractor, ExecutiveBiz reported Thursday. Lockheed said Wednesday it received a three-year …

Read More »

January 12 Market Close: GovCon Index Down, Lockheed Extends Drag Over Investors’ Continued F-35 Focus

Executive Mosaic’s GovCon Index fell for a second straight session Thursday on continued declines by large aerospace and defense primes as U.S. stocks also tumbled with earnings season at the forefront of investor attention. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and two of its 11 S&P 500 components …

Read More »

January 11 Market Close: GovCon Index Lower, Lockheed Hits 2% Intraday Decline After Trump F-35 Remarks

Executive Mosaic’s GovCon Index pared losses Wednesday afternoon but closed lower for the session as McKesson Corp. (NYSE: MCK) and large primes weighed despite gains by all three of the U.S.’ major stock indices. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and six of its 11 S&P 500 stocks advanced with General Dynamics (NYSE: …

Read More »

January 10 Market Close: GovCon Index Moves Narrowly Green, S&P 500 Closes at No Change

Executive Mosaic’s GovCon Index traded narrowly higher Tuesday with help from middle-tier and government services companies to offset losses by large primes as U.S. stocks recorded another mixed session that saw industrials lag and healthcare stocks climb. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as five of its 11 S&P …

Read More »

NASA Taps Lockheed Martin to Develop Asteroid Exploration Spacecraft

TYSONS CORNER, VA, Jan. 9, 2017 — Lockheed Martin (NYSE: LMT) will develop and operate a spacecraft that will work to study six Jupiter Trojan asteroids as part of NASA‘s Discovery Program missions, ExecutiveBiz reported Friday. The Lucy spacecraft is scheduled for a 2021 launch and will seek to observe the geology, …

Read More »