News

Lockheed Martin Lands $216M Contract for Apache Pilot Night-Vision Systems FMS

TYSONS CORNER, VA, December 18, 2015 — Lockheed Martin (NYSE: LMT) will produce Modernized Target Acquisition Designation/Pilot Night Vision Systems for India’s Apache helicopters under a $215.8 million foreign military sales contract, GovCon Wire reported Thursday. The Defense Department said Wednesday work will be performed in Orlando, Florida, through the end of December 2021. About Executive Mosaic: […]

Lockheed Martin Lands $147M Contract for Trident II Missile Support to US, UK

TYSONS CORNER, VA, December 17, 2015 — Lockheed Martin (NYSE: LMT) will provide navigation system engineering support for U.S. and U.K. Trident II D5 missiles under a $147 million contract from the U.S. Navy, GovCon Wire reported Wednesday. The Defense Department said Tuesday the contract includes fleet support, trainer systems, submarine engineered refueling overhaul and other associated […]

Lockheed Martin Lands $1B Modification on PAC-3 FMS Contract

TYSONS CORNER, VA, December 16, 2015 — Lockheed Martin (NYSE: LMT) will supply Patriot Advanced Capability-3 missiles for Korea, Qatar and Saudi Arabia under a $1.09 billion modification to a foreign military sale contract, GovCon Wire reported Tuesday. The Defense Department said Monday the contract modification covers work at locations in Alabama, Arkansas, California, Florida, Massachusetts and […]

PAE Gets 3 Acquisition Offers For Potential $900M Transaction

TYSONS CORNER, VA, December 15, 2015 — PAE has received acquisition offers from three private equity firms, with Apollo Global Management identified as the leading bidder following an auction process, GovCon Wire reported Monday. Reuters reported Friday Apollo and PAE owner Lindsay Goldberg are in negotiations for the potential deal, which could be worth an estimated $900 million. […]

MDA Awards $66M Modification to Raytheon Antenna Equipment Contract

TYSONS CORNER, VA, December 14, 2015 — The Missile Defense Agency has awarded Raytheon (NYSE: RTN) a modification that increased the value of a previously awarded contract for antenna equipment to $955.3 million, GovCon Wire reported Friday. The Defense Department said Thursday the contract modification is worth $66.5 million and covers the procurement of associated float antenna […]

Raytheon to Provide Extended-Range Munitions to Navy for $98M

TYSONS CORNER, VA, December 11, 2015 — Raytheon (NYSE: RTN) will supply Precision Extended Range Munition systems to the U.S. Navy under a potential five-year, $98 million contract, GovCon Wire reported Thursday. The Defense Department said Tuesday the 120-millimeter munition system uses GPS guidance and works to support expeditionary fire support operations. About Executive Mosaic: Founded in 2002, Executive […]