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Tag Archives: Israel

Navy Awards Raytheon $79M Sidewinder Block II Sustainment Contract Modification

Raytheon‘s (NYSE: RTN) missile systems business has received a $78.7 million contract modification to provide sustainment and support services for AIM-9X Sidewinder Block II missiles of the U.S. Navy and the U.S. Air Force as well as 20 government clients under the Foreign Military Sales program. The Defense Department said Friday the modification covers repair, depot management, software …

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Raytheon Awarded $200M to Produce Additional Sidewinder Missiles for US, Intl Clients

Raytheon (NYSE: RTN) has landed a three-year, $199.8 million contract modification from the U.S. Navy for the full-rate production of lot 17 AIM-9X Sidewinder tactical missiles. The Defense Department said Friday the company will also produce AIM-9X Block II captive air training missiles, all-up-round containers, spare advanced optical target detectors, captive air training missile guidance …

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Elbit Systems Lands $100M Contract From Israeli Defense Ministry for Software-Based Radios

Elbit Systems (Nasdaq: ESLT) has received a potential five-year, $100 million contract from Israel’s ministry of defense to manufacture and deliver hundreds of advanced radio systems. The Israel-headquartered company said Wednesday it will supply handheld, airborne and vehicle mounted software-defined radios designed to support high-security network services. “We are very proud of this award, reinforcing …

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IMI Awarded Potential $450M Israel Munition Supply Contract

IMI Systems has secured a potential seven-year, $450 million contract to provide munitions to Israel’s infantry and armor units, Defense News reported Monday. Barbara Opall Rome writes that Israel’s defense ministry said the multiyear procurement effort will help the Israeli armed forces to resupply the country’s inventory of weapons systems and support …

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Reports: DoD Issues $6.1B ‘Unilateral Contract Action’ on 9th Lockheed F-35 Production Batch

The Defense Department has finalized a “unilateral contract” worth more than $6.1 billion to fund Lockheed Martin‘s (NYSE: LMT) low-rate initial production of 57 lot 9 F-35 fighter jets, Reuters reported Wednesday. Mike Stone writes the deal covers 42 F-35As for the U.S. Air Force, Japan, Israel and Norway; 13 F-35Bs for the U.S. Marine Corps and the …

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Lockheed Awarded $743M Modification in F-35 Batch 9 Deal

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $743.2 million modification under a previously awarded advance acquisition contract for the ninth batch of F-35 fighters. The Defense Department said Monday the modification allocates additional funds to address diminishing manufacturing and material shortages for redesign and development, estimated post-production concurrency changes …

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Reports: White House OKs Sale of Boeing, Lockheed Fighter Jets to Qatar, Kuwait & Bahrain

The White House has approved the requests of Kuwait and Qatar to buy up to 76 Boeing-built (NYSE: BA) F-15 and F/A- 18E/F Super Hornet aircraft worth approximately $7 billion, Reuters reported Wednesday. Andrea Shalal writes the U.S. government also cleared the sale of Lockheed Martin-built (NYSE: LMT) F-16 aircraft to Bahrain under a …

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Reuters: Sales of Boeing F-15, F/A-18E/F Jets to Kuwait, Qatar Near US Approval

The U.S. government could approve this month a pair of foreign military sales agreements for Qatar and Kuwait to procure up to 76 Boeing-built (NYSE: BA) F-15 and F/A-18E/F Super Hornet jets worth an estimated $7 billion, Reuters reported Thursday. Tom Finn and Andrea Shalal write sources said the deals include the sale of 36 …

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Boeing, Raytheon, Other US Companies to Gain From US-Israel Missile Defense Funding Agreement

TYSONS CORNER, VA, Aug. 15, 2016 — Boeing (NYSE: BA) and Raytheon (NYSE: RTN) could receive approximately $100 million each in U.S. missile defense funds for Israel through their respective work on the Arrow-2 and Arrow-3 programs with Israel Aerospace Industries and Iron Dome and David’s Sling programs with Rafael, ExecutiveBiz reported …

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State Dept Approves $300M Sale of SH-60F Sea Hawk Helicopter Components to Israel

The State Department has cleared Israel’s request to procure SH-60F Sea Hawk helicopter components and related support services from the U.S. government under a potential $300 million foreign military sales agreement between the two countries. General Electric (NYSE: GE) and Science and Engineering Services will serve as principal contractors for …

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