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Tag Archives: Israel

Lockheed Awarded $5B Modification on F-35 Production Contract with Navy


Lockheed Martin (NYSE: LMT) has been awarded a potential $5.4 billion contract modification to provide a total of 55 F-35 low-rate initial production fighter planes to multiple domestic and international defense customers. The award modifies a previously received LRIP Lot 9 advance acquisition contract, and about $625 million in fiscal 2016 U.S. military aircraft procurement funds …

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DLA Taps Valero Marketing for $182M Aviation Fuel Supply IDIQ


Valero Marketing and Supply Co. has won a potential one-year, $181.9 million contract from the Defense Logistics Agency to supply aircraft turbine fuel to the government of Israel. DLA Energy in Fort Belvoir, Virginia, received six proposals for the indefinite-delivery/indefinite-quantity contract, the Defense Department said Monday. The company will perform work in Texas through …

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State Dept OKs $2B Bomb Guidance Kit Sale to Israel

State Department

The State Department has cleared a potential $1.879 billion foreign military sale of Boeing-built (NYSE: BA) Joint Direct Attack Munition tail kits and related equipment, parts and logistics services to Israel. Israel ordered 14,500 KMU-556C/B JDAM kits with GBU-39, BLU-113 and Mk-80 series bombs, Hellfire and Advanced Medium Range Air-to-Air …

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


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 …

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Report: US Contractors’ Cut of Israel’s ‘Iron Dome’ Spending to Increase From 3% to 55%

iron dome

Israel has agreed to share more than half of funds it will receive from the Pentagon next year with U.S. contractors to build Iron Dome anti-rocket shields, Bloomberg reported Wednesday. Tony Capaccio writes that the U.S. Missile Defense Agency told Congress in a report obtained by Bloomberg that funds going to …

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McKinsey’s Kito de Boer to Head Palestine Private-Sector Investments for ‘Middle East Quartet’

Kito de Boer, a director at McKinsey & Co., will oversee private-sector investment initiatives in Palestine for a group known as the “Middle East Quartet,” the Wall Street Journal reported Thursday. De Boer has worked at McKinsey since 1985 and has been based in Dubai since 1999, the Journal reports. He has advised European, Middle …

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Elbit Systems Wins $123M Airborne Defense Electronics System Contract

Elbit Systems

Elbit Systems (Nasdaq: ESLT) has been awarded a potential four-year, $123 million contract to provide electronic systems to a European country. The company said Wednesday that the unnamed country will use the defense electronic systems for airborne applications. Elbit Systems is a defense contractor based in Haifa, Israel.

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Marillyn Hewson: Lockheed Opens Israeli Office to Help Back Military’s Southern Strategy

Marillyn Hewson

Shelly Gotman, managing director of Lockheed Martin‘s (NYSE: LMT) information systems and global solutions unit for Israel, will oversee the company’s newly-opened office in Be’er Sheva. “The opening of our Lockheed Martin office here in Be’er Sheva is a demonstration of our commitment to supporting the Israeli Defense Force’s ‘Move to the …

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Shelly Gotman to Head Lockheed’s Israel Tech Sector Managing Director

lockheed martin

Shelly Gotman, a retired Israeli air force pilot, has joined Lockheed Martin (NYSE: LMT) as managing director of the company’s technology sector in Israel, the Jerusalem Post reported Wednesday. Yaakov Lappin writes the former F-16 pilot will work to help Lockheed capture new programs, collaborate with academic institutions in technological research …

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Raytheon, Rafael to Co-Produce Missile Interceptors; Pini Yungman Comments

iron dome

Raytheon Co. (NYSE: RTN) and Israeli state-owned company Rafael Advanced Defense Systems are planning to co-develop an air defense system that is already used in Israel for the U.S. Army and allied forces, Defense News reported Thursday. Barbara Opall-Rome writes Rafael and Raytheon also want to jointly build Stunner interceptors, …

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