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Tag Archives: foreign military sales

State Department Approves $124M Patrol Boat Sale to Qatar

Boat

The U.S. State Department has approved a potential $124.02 million sale of Mk-V Fast Patrol Boats and related equipment to Qatar under a foreign military sales agreement with United States Marine Inc. as the principal contractor. The Defense Security Cooperation Agency said Tuesday Qatar’s request also includes eight M2HB .50 caliber machine guns, forward looking …

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Lockheed Receives $491M Modification on Navy Aegis Weapon System Production Contract

lockheed martin

Lockheed Martin (NYSE: LMT) has been awarded a $490.6 million contract modification to produce Aegis weapon system ship sets and spares for the U.S. Navy as well as Japan and South Korea under the foreign military sales program. The Defense Department said Friday Lockheed’s mission systems and training division will manufacture ship …

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State Dept OKs $231M NATO Precision Guided Munitions Sale

JDAM

The State Department has approved NATO’s request to buy precision guided munitions and related support services from the U.S. for use in regional threat deterrence operations under a potential $231 million foreign military sales agreement. Boeing (NYSE: BA) and Raytheon (NYSE: RTN) will be the primary contractors on the deal, the Defense …

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Pratt & Whitney Lands Navy Contract Modification for F-35 Support Equipment, Depot Activation Services

F-35

United Technologies Corp.‘s (NYSE: UTX) Pratt & Whitney subsidiary has received a three-year, $151.7 contract modification from the U.S. Navy to provide a range of F-35 Lightning II aircraft supplies and services. The Defense Department said Wednesday the modification covers initial spare modules, engine system trainers, support equipment and depot activation services and supplies …

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State Dept Approves Saudi Arabia’s $1.15B Request for US Abrams Tanks, Ground Vehicle Recovery Systems

ABRAMS M1A1 MAIN BATTLE TANK

The State Department has approved Saudi Arabia’s request to purchase $1.15 billion in General Dynamics-built (NYSE: GD) Abrams battle tanks along with a suite of ground vehicle recovery systems from the U.S. government under a foreign military sales agreement between both countries. Twenty of the total 153 M1A2S Abrams tanks covered under …

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Raytheon Gets $129M Contract Modification for US, Intl Military Wireless-Guided Missiles

Raytheon logo

Raytheon (NYSE: RTN) has been awarded a two-year, $129.4 million contract modification to produce tube-launched, optically-tracked, wireless-guided missile systems for the U.S. Army and the U.S. Marine Corps. The Defense Department said Monday the company will also deliver TOW missiles to Morocco and Bahrain under the foreign military sales program. Raytheon will perform work …

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Lockheed Receives $102M Navy Delivery Order for F-35 Software Data Loads

F-35

Lockheed Martin (NYSE: LMT) has received a $101.9 delivery order from the U.S. Navy to produce F-35 aircraft software data loads in support of verification and validation testing efforts at the military branch’s F-35 Reprogramming Center West. The company will also provide technical support to help the service branch design, test and …

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Northrop Awarded $164M to Configure Hawkeye Early-Warning Aircraft for Japan

Hawkeye

Northrop Grumman (NYSE: NOC) has received a potential $164 million contract modification to provide one E-2D Advanced Hawkeye configured aircraft to Japan under the foreign military sales program. The Defense Department said Thursday Northrop’s military aircraft systems business will perform work through March 2018 at various locations across the continental U.S. The Navy obligated …

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Raytheon & L-3 Boost Earnings Guidance on 2Q Beat, Leidos Below Street Outlook

Money

Three government contractors listed in Executive Mosaic’s GovCon Index reported second quarter financial results before U.S. markets opened Wednesday. Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) both lifted full-year earnings and revenue guidance Thursday on second quarter results that topped the consensus analyst outlooks for each figure. Raytheon cited sales of its Paveway …

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9 Firms Win Spots on $1.8B Navy Training Systems Support IDIQ

Logistics

Nine companies have won positions on a potential five-year, $1.75 billion contract to support fielded training systems of the U.S. Navy and the U.S. Marine Corps as well as foreign military customers. The Defense Department said Monday contractors will compete for individual orders to perform training device operation, maintenance, modification and relocation services, contract instruction, …

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