State Dept OKs $3B Abrams Tank, Humvee Sale to Iraq

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The State Department has approved two foreign military sales agreements worth around $3 billion combined with Iraq for General Dynamics-built (NYSE: GD) Abrams tanks, up-armored Humvees and related equipment and accessories. A Defense Security Cooperation Agency notice released Friday says Iraq asked to buy $2.4 billion in M1A1 Abrams tanks from the U.S. under a sale that also includes 15 M88A2...

Army to Supply Qatar With Raytheon’s Patriot Fire Units for $2B

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The U.S. Army will provide Qatar with a set of Raytheon‘s (NYSE: RTN) Patriot fire units through the end of April 2019 under a $2.4 billion foreign military sale contract. The Defense Department said Friday that the contract, which was awarded through the Army Contracting Command, covers 10 fire units of the Patriot missile defense system plus spares. Raytheon will perform work at locations...

Air Force Awards Raytheon $344M for C2 Switching System Logistics Support

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Raytheon (NYSE:RTN) has been awarded a $344,335,000 contract to perform logistics work on a digital switching system of the U.S. Air Force‘s command and control network. The U.S. Defense Department said Wednesday the company will also provide depot spares maintenance, engineering, installation and technical services for the Command and Control Switching System on a global basis. The system is...

Report: Israel to Place 2nd Lockheed F-35 Order

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Israel will order 25 Lockheed Martin (NYSE: LMT) F-35A fighters in addition to the 19 jets the nation committed to buy in 2010 from the U.S. government, Defense News reported Wednesday. Aaron Mehta writes the government of Israel ordered a first set of Lockheed-built conventional takeoff and landing fighters four years ago through the Defense Department‘s foreign military sales program. Israel...

Tim Glaeser: Raytheon Expects US, Qatar to Close Patriot System Deal By 2014’s End

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Tim Glaeser, a vice president at Raytheon (NYSE: RTN), expects the governments of U.S. and Qatar to reach an agreement by the end of the year for Qatar to purchase a Patriot missile defense system from the U.S. through a foreign military sales agreement, Reuters reported Tuesday. Glaeser, vice president of Raytheon’s integrated defense systems business, told Reuters’ Andrea Shalal that...

US Navy Orders 60 General Dynamics Computers for Growler Fighter Jets

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The U.S. Navy has awarded a $16,286,671 contract to General Dynamics Advanced Information Systems (NYSE: GD) for the production of 60 mission computers for E/A/18-G Growler fighter jets. General Dynamics will build 48 of the Type 3 Advanced Mission Computers for the U.S. Navy and 12 for Australia, which that country plans to acquire through a foreign military sales agreement, the Defense Department...

Boeing Awarded $296M for Lot 2 Poseidon Plane Parts

Boeing (NYSE: BA) has been awarded a $295,643,284 contract to start acquiring parts to produce 12 P-8A Poseidon planes for the U.S. Navy and Australia. The advance acquisition contract includes $152,043,495 in purchases for the U.S. Navy and $143,599,789 in foreign military sales funds for sales to Australia, the Defense Department said Thursday. This contract covers long-lead items for the second...

State Dept OKs Potential $250M USAF-Boeing Aircraft Sustainment Deal for UK

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Boeing (NYSE: BA) is set to provide equipment and parts, training, technical and logistics support for the U.K.’s C-17A Globemaster III fleet after the State Department approved a potential $250 million foreign military sales agreement. According to a Defense Security Cooperation Agency news release posted Thursday, the U.K. government seeks to acquire continued involvement in Boeing’s...

Iraq Signs $102M Deal for OSI Systems Cargo, Vehicle Inspection Systems

OSI Systems
Iraq’s military has purchased cargo and vehicle inspection systems made by OSI Systems‘ (NASDAQ: OSIS) security division under an estimated $102 million contract through the Defense Department‘s Foreign Military Sales program. Rapiscan Systems will also provide training, logistics support and spare parts, the company said Monday. OSI Systems is an electronic systems designer and...

Raytheon Wins $391M for Army Guidance System

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Raytheon (NYSE: RTN) Missile Systems has been awarded a contract modification worth $391,540,645 for its tube-launched, optically tracked, wireless-guided missiles. The change covers contract W31P4Q-12-C-0265 for the U.S. Army and Marine Corps, in addition to two foreign military sales agreements that involve Oman and Saudi Arabia, the Pentagon said Thursday. Work to be performed in Arizona and New...