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Tag Archives: Israel

Raytheon Lands $213M Army Patriot Engineering Contract Modification

PatriotMissile

Raytheon (NYSE: RTN) has received a $212.7 million contract modification to provide engineering services for the U.S. Army’s Patriot program. The company will also provide Patriot support to foreign military sales clients such as Germany, Greece, Israel, Japan, Kuwait, Qatar, Saudi Arabia, Spain, South Korea, Taiwan, the Netherlands and the United …

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Lockheed Martin Builds First of 33 F-35A Jets for Israel

F-35

TYSONS CORNER, VA, January 12, 2016 — Lockheed Martin (NYSE: LMT) has begun the assembly of the four major structural components of Israel’s first F-35A aircraft at a facility in Texas ahead of its delivery in late 2016, ExecutiveBiz reported Monday. The company said Sunday the first of 33 F-35A Adir conventional takeoff …

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Lockheed Gets $1B Contract for F-35 Parts, Materials Procurement

F-35

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a four-year, $1.2 billion advance acquisition contract to obtain long-lead materials, components and parts necessary for the manufacture of low-rate initial production Lot 11 F-35s. The Defense Department said Monday that Lockheed will use the long-lead items to build 80 F-35A …

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

F35

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

Logistics

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

F-35

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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