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Tag Archives: foreign military sales

Coolisys Eyes Expanded Defense Manufacturing Capabilities With Enertec Acquisition; Amos Kohn Comments

DPW Holdings subsidiary Coolisys Technologies aims to expand its technology development and manufacturing capabilities with the acquisition of electronic systems provider Enertec Systems for approximately $9 million. DPW said Wednesday its Fremont, Calif.-based subsidiary will add more than 70 new workers, most of whom will be engineers with military experience, through the …

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Boeing Delivers 8 Apache Helicopters to Indonesia’s Army

TYSONS CORNER, VA, May 21, 2018 — Boeing (NYSE: BA) has completed the delivery of eight AH-64E Apache attack helicopters to Indonesia’s army as part of a foreign military sale agreement with the U.S. government, ExecutiveBiz reported Friday. Indonesian Defense Minister Ryamizard Ryacudu, who received the helicopters during a turnover …

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Raytheon Lands Potential $530M Contract to Produce RAM Block 2 Missiles for Navy, FMS Clients

Raytheon‘s (NYSE: RTN) missile systems business has received a potential $529.7 million contract to provide updated Rolling Airframe Missiles to the U.S. Navy and three foreign military sales customers. The company will supply RAM Block 2 guided missile round pack, ordnance alterations and spares under the firm-fixed-price contract, the Defense Department said Thursday. RAM is designed to counter anti-ship …

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Report: Greece Greenlights $1.45B F-16 Aircraft Modernization

Greece’s government council for foreign affairs and defense has approved a plan to buy F-16 aircraft upgrade services from the U.S. through a potential $1.45 billion contract, Reuters reported Saturday. Reuters cites a defense ministry official that says 82 Greek fighter jets will undergo refurbishment within the country and three …

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Lockheed Receives $829M Army FMS Contract for Multiple Launch Rocket Systems

Lockheed Martin (NYSE: LMT) has secured a potential $828.7 million contract from the U.S. Army to produce Guided Multiple Launch Rocket Systems for Finland, South Korea and Romania. The Defense Department said Friday. the full obligated amount at the time of award is from the Army’s fiscal 2016, 2017 and 2018 “other” procurement and foreign …

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Leonardo DRS Subsidiary Wins Potential $262M Navy Radar Production Contract

A Leonardo DRS subsidiary has won a potential $261.9 million contract to produce radar systems for the U.S. Navy and Japan to fulfill a foreign military sales agreement. DRS Laurel Technologies will produce up to 59 AN/SPQ-9B ASMD radars and associated equipment under the firm-fixed-price contract that has an initial value of $64.3 …

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DynCorp Lands Spot on Potential $25.5B Army Logistics Support IDIQ

DynCorp International will compete for task orders to provide logistics services for the U.S. Army‘s Program Executive Office for Aviation under a potential 10-year, $25.5 billion indefinite-delivery/indefinite-quantity contract. The Non-Standard Rotary Wing PEO-Aviation and the Army Contracting Command awarded DynCorp a position on the Worldwide Contractor Logistics Support IDIQ that contains a …

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State Department OKs Potential $1.2B MH-60R Helicopter Sale to Mexico

The State Department has approved a potential $1.20 billion foreign military sale of eight MH-60R multimission helicopters, equipment and support services to Mexico. Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business will serve as the principal contractor for the sale meant to help increase Mexico’s threat deterrence and homeland defense capacities, …

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Michael Niggel: ACT I to Expand Core Services, FMS Support Tools & Hiring in 2018

TYSONS CORNER, VA, April 19, 2018 — Michael Niggel, CEO of Advanced Concepts and Technologies International, has said the company is working to expand its core market offerings in aerospace, cyber, defense healthcare and homeland security as well as developing new tools and processes in support of Foreign Military Sales case …

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Northrop Grumman gets $210M Air Force contract modification for LAIRCM equipment, support

Northrop Grumman (NYSE: NOC)  has received a potential two-year, $209.7 million contract modification from the U.S. Air Force for Large Aircraft Infrared Counter Measures equipment and support. The Defense Department said Wednesday the modification brings the total value of the previously awarded contract to $1.6 billion and allows for performance …

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