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

Marillyn Hewson
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...

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 and develop investment plans in Israel. Gotman...

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, originally built for the US-Israel government-funded David’s Sling...

State-Owned Israel Military Industries Open to Privitization Bids; Moshe Ya’alon Comments

IMI logo
Israel officials plan to sell state-owned Israel Military Industries after ministers agreed on a privatization plan for the defense company, Defense News reported Wednesday. Barbara Opall-Rome writes that the Israeli government will make the $650 million company available to domestic and international companies that will need to form an Israeli management team and be subjected to the Defense Ministry’s...

Pentagon Wants Israel to Have Ospreys By 2015

Pentagon
The Defense Department has prioritized a foreign military sales order from Israel for six Boeing (NYSE: BA) and Bell Helicopter-built V-22 Ospreys ahead of the U.S. Marine Corps, Defense News reported Thursday. Marcus Weisgerber writes Israel’s formal request for modified versions of the tilt-rotor aircraft came this week following Defense Secretary Chuck Hagel’s visit to the Middle East in April. Israel...

Lockheed Delivers C-130J to Israel and 3rd F-35 to the U.K.; George Shultz Comments

LH_Blue
Lockheed Martin (NYSE: LMT) has delivered the first of three C-130J super Hercules’ for Israel’s Air Force under a U.S. foreign military sales agreement, the company said Wednesday. The delivery occurred at a Wednesday ceremony at Lockheed’s facility in Marietta, Ga. The airlifter will now undergo modifications to include Israel-made systems. George Shultz, vice president and general...

Report: Israel, US Discuss Military Funds Extension

State Dept. photo
State Dept. photo Israel is discussing plans to modernize its defense system with the U.S. and a possible extension of U.S. military funds after the current financing agreement ends in 2018, Bloomberg reported Friday. Gopal Ratnam and Tony Capaccio write Israel wants to acquire new weapons and equipment through the $3.1 billion in annual military aid it receives from the U.S. The move comes in light...

Report: US, France, Israel Discuss General Atomics Reaper Deal

Reaper
U.S. Air Force photo France is discussing a potential purchase of two General Atomics-built unmanned aerial vehicles with the U.S. and Israeli governments, Reuters reports. According to Leigh Thomas’ story, French Defence Minister Jean-Yves Le Drian told iTele the country intends to buy the Reaper UAVs straight away. Citing Le Monde newspaper, Thomas writes France expects the U.S. to approve...

Boeing Wins $65M AF Bomb Guidance Kit Sale

BoeingLogo
Boeing (NYSE: BA) has won a $65,877,538 contract from the U.S. Air Force to produce 2,701 guidance tailkits for bombs in support of a foreign military sales agreement. Israel will receive the Lot 17 Joint Direct Attack Munition kits through the firm-fixed-price contract, the Defense Department said Friday. According to Boeing, JDAM kits intend to convert free-falling bombs into weapons guided by GPS...

Lockheed Wins $206M for Israel F-35 Hardware, Software

U.S. Navy photo Lockheed Martin (NYSE: LMT) has won a $206,821,828 U.S. Navy contract modification to develop and demonstrate hardware and software for the F-35 fighter jet, the Defense Department announced Tuesday. This modification covers the first increment of a system development and demonstration phase for a foreign military sales agreement with Israel. The company will develop the hardware and...

Your Direct Source of Government Contract News

  • Provides up-to-the-minute gov-con news
  • The top GovCon coverage & interviews in one daily email

Sign up to effortlessly stay ahead of the industry