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Tag Archives: foreign military sales

VSE Corp Receives Potential $74M Order to Recommission 2 US Navy Ships for Taiwan


VSE Corp. (Nasdaq:VSEC) has received a potential 16-month, $74 million delivery order under a foreign military sales Naval Ship Transfer and Repair contract for services to reactivate decommissioned U.S. Navy ships that will be transferred to Taiwan’s military. Alexandria, Virginia-based said Thursday it will manage the industrial work, logistics and crew training work intended to reactivate …

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Bell Boeing to Build 4 Osprey Tiltrotors for Japan Under $545M Navy Contract Modification


A joint venture of Boeing (NYSE: BA) and Bell Helicopter has received a four-year, $544.6 million contract modification from the U.S. Navy to manufacture and deliver four MV-22 Osprey multirole tiltrotor aircraft to Japan under the foreign military sales program. The Bell-Boeing Joint Program Office will also obtain long-lead materials needed …

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FMS Program Head Joe Rixey to Headline Global Weapons Trade Discussion Forum for Potomac Officers Club

Vice Adm. Joe Rixey

The top uniformed officer over the U.S. government’s foreign military sales program will keynote an Aug. 3 breakfast forum hosted by Executive Mosaic’s Potomac Officers Club in Falls Church, Virginia to discuss the global arms trade’s current environment and the role of domestic industry in efforts to help defense agencies support …

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UK Govt Unveils New Boeing Defense Purchases, Aerospace R&D Partnership Pacts

Boeing P-8A Poseidon

The U.K. government and Boeing (NYSE:BA) have announced a set of defense-related pacts that cover sales of maritime patrol aircraft and attack helicopters to the country’s military, added research-and-development spending and initiatives to create new aerospace jobs in Britain. In a series of statements Monday, the U.K.’s defense ministry said it will …

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Navy Awards Lockheed, Pratt & Whitney Lot 10 F-35 Equipment, F135 Propulsion System Contracts


Lockheed Martin (NYSE: LMT) and United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary have received contracts from the U.S. Navy for lot 10 low-rate initial production of F-35 Lightning II aircraft and its F135 propulsion system. Pratt & Whitney secured a potential three-year, $1.5 billion contract modification to provide parts and components for …

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Navy Awards Raytheon $292M Contract Modification for Sidewinder Block II Missiles Production

Raytheon logo

Raytheon (NYSE: RTN) has received a potential $291.8 million contract modification from the U.S. Navy to build 660 full-rate production Lot 16 AIM 9X Block II Sidewinder tactical missiles and related components for several domestic and foreign military customers. The Defense Department said Friday the modification also includes 252 Block II captive air training missiles, 13 …

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India Eyes General Atomics Drones for Maritime Surveillance


TYSONS CORNER, VA, June 29, 2016 — India’s government aims to procure 22 General Atomics Predator unmanned aircraft systems under a potential foreign military sales agreement with the U.S., ExecutiveBiz reported Tuesday. Defense News reported Monday India has sent its letter of request on June 17 to purchase the UAS as a component of …

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Lockheed Secures Potential $421M Navy Contract For AEGIS Engineering, Maintenance Services


Lockheed Martin‘s (NYSE: LMT) mission systems and sensors business has received a potential $421 million contract from the U.S. Navy to provide a range of services in support of the Advanced Electronic Guidance and Instrumentation System. The Defense Department said Friday the contract covers in-service combat systems engineering, computer program maintenance, annual …

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Raytheon to Update Kuwait’s Patriot System Fire Units Under $523M FMS Contract

Raytheon logo

Raytheon (NYSE: RTN) has acquired a $523 million foreign military sales contract from the U.S. Army to modernize six Patriot air and missile defense fire units for Kuwait. Services will be conducted in sites across Alabama, Massachusetts and California as well as in Norway, Italy, Greece, Canada and the U.K., the Defense Department said …

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Harris’ $1.7B Radio Systems FMS Contract Takes Effect


A $1.7 billion contract between the U.S. Army and Harris Corp. (NYSE: HRS) for the supply of company-built tactical radios to Afghanistan took effect Wednesday. The Defense Department said Wednesday it “inadvertently” announced the service branch’s award of the foreign military sales contract to Harris on June 16. The contract will run …

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