Lockheed Martin Corporation
) has clinched a $320 million contract from the Air Force to
provide enhanced communications reliability, survivability, and
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Per the contract, Lockheed Martin will run the Air Force's
Network Command Center, an IT communications network used by Air
Force personnel in Washington, DC. The company will provide the
network center with enterprise applications and desktop support
and projects, plans and engineering services. It comprises
desktop support, enterprise applications, plans, projects and
engineering services, and National Military Command Center (NMCC)
Bethesda, MD-based Lockheed Martin is a security and aerospace
company engaged in the research, design, development,
manufacture, and integration of defense products. One of the
basic parameters is innovation, which allows Lockheed to stay
ahead in the race. This guarantees a steady inflow of follow-on
orders from a leveraged presence in the Army, Air Force, Navy and
So the threat of sequestration notwithstanding, the diverse
product offerings, strong program execution and cost reduction
measures will help the company to sustain its profitability.
Lockheed Martin has significant upside potential based on the
Obama administration's focus on ISR, unmanned systems, force
protection, cyber security, and missile defense.
The company secured a series of international contracts which
will likely boost Lockheed Martin's growth opportunities.
Recently, the joint establishment of Lockheed Martin and
Northrop Grumman Corp.
), LONGBOW Limited Liability Company, received a $90 million
contract from Saudi Arabia for the supply of LONGBOW Fire Control
Radars (FCRs) for their AH-64 Apache Attack Helicopters.
Lockheed currently retains a Zacks Rank #3 (Hold). Other
companies in the industry worth considering are
Erickson Air-Crane Inc.
The Boeing Company
). Erickson Air-Crane presently has a Zacks Rank #1 (Strong Buy)
while Boeing holds a Zacks Rank # 2 (Buy).