US, Iraq Strike $6B Deal for Boeing Apache Helicopters

ArmyLogistics
Iraq will acquire 24 Boeing-made (NYSE: BA) Apache attack helicopters through an approved $6.2 billion deal under the Pentagon’s foreign military sales program, Defense News reported Monday. Paul McLeary writes the Iraqi military’s purchase and lease of AHAllowance Holder-64Es was approved by a U.S. congressional panel Monday. The deal also includes spare parts production, training, maintenance...

Raytheon Wins $190M Air Force Deal for Reaper Drone Targeting System

Raytheon Co. (NYSE: RTN) has won a $191 million U.S. Air Force contract to provide 149 multispectral targeting systems for the branch’s General Atomics-built MQ-9 Reaper unmanned aerial vehicles. The company will begin delivering the systems in January 2013 and also provide support systems and spares, according to a Tuesday company announcement. Raytheon said the system aims to provide long-range...

Lockheed To Provide Army Sight Systems For Hellfire Missiles

Lockheed Martin Corp. (NYSE: LMT) has won a $47,586,369 million contract to provide the U.S. Army with 18 target sight systems and data, the Defense Department announced Monday. AN/AAQ-30 systems track and identify targets, support laser-guided weapons and provide passive targeting for integrated weapons such as Hellfire missiles. The Pentagon said the Army awarded the firm-fixed-price contract on...

Lockheed, Air Force to R&D Sensor, Radar Target Seeker for Weapons Systems Integration

Lockheed Martin (NYSE: LMT) has signed a five-year cooperative research and development agreement with the U.S. Air Force Research Laboratory‘s munitions directorate to test if its cooled tri-mode seeker can integrate into Air Force weapon platforms. R&D will assess tri-mode weapon capabilities, emerging targeting concepts and guidance techniques. Lockheed’s cooled tri-mode seeker...

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