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Tag Archives: Missile Defense

Lockheed Boosts Intl Sales Goal to 30% on F-35, Missile Defense Prospects

Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions …

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Poland to Acquire Raytheon’s Patriot Integrated Air & Missile Defense System

Poland has issued a formal request to the U.S. government to acquire Raytheon‘s (NYSE: RTN) Patriot integrated air and missile defense system for an undisclosed amount. Raytheon said Tuesday it will collaborate with Poland’s government and industry to help complete offset and industrial participation plans as part of the foreign military sales process. “Poland’s formal request …

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Johns Hopkins APL Names New Sector Head for Air & Missile Defense

TYSONS CORNER, VA, Aug. 31, 2016 — Johns Hopkins University Applied Physics Laboratory has appointed Mike White, former mission area executive for air and missile defense at the lab, to lead its air and missile defense sector, GovCon Executive reported Tuesday. Johns Hopkins APL said Monday White will oversee work on air …

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Raytheon, Navy Test SeaRAM Anti-Ship Missile Defense Aboard USS Carney

TYSONS CORNER, VA, Aug. 18, 2016 — Raytheon (NYSE: RTN) and the U.S. Navy have completed the first live fire test on the SeaRAM anti-ship defense system aboard the USS Carney guided-missile destroyer, ExecutiveBiz reported Wednesday. The company said Wednesday the test held in Spain used a RAM Block II missile to intercept a BQM-74E target, which …

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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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Raytheon Missile Defense Support Modification Increases Contract Value to $1B

Raytheon (NYSE: RTN) has received a $132.4 million modification from the Missile Defense Agency that raises the ceiling value of a previously awarded contract for Ballistic Missile Defense System support services to approximately $1.1 billion. The Defense Department said Tuesday that Raytheon’s integrated defense systems unit will continue to perform software maintenance, modeling and simulation, …

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FMS Program Head Joe Rixey to Headline Global Weapons Trade Discussion Forum for Potomac Officers Club

The top uniformed officer over the U.S. government’s foreign military sales program will keynote an Aug. 3 breakfast forum hosted by Executive Mosaic’s Potomac Officers Club in Falls Church, Virginia to discuss the global arms trade’s current environment and the role of domestic industry in efforts to help defense agencies support …

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State Dept OKs $140M Sale of Raytheon Seasparrow Missiles & Services to Chile

The State Department has approved Chile’s request to acquire $140.1 million in Raytheon (NYSE:RTN)-manufactured Evolved Seasparrow Missiles and related services from the U.S. government under a foreign military sales agreement between both countries. The Defense Security Cooperation Agency said Tuesday Raytheon, BAE Systems and Lockheed Martin (NYSE:LMT) will serve as principal contractors …

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Serco Inc. to Update Protection for AF Missile Warning System in Greenland; Dan Allen Comments

TYSONS CORNER, VA, June 22, 2016 — Serco Inc. will work to update the electromagnetic pulse protection of the U.S. Air Force‘s anti-missile radar system in Greenland under a $38 million contract, ExecutiveBiz reported Monday. The company said Friday it will employ a design-build-install-test approach to update the protection mechanism on the Ballistic Missile Early Warnings Systems …

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Venturi to Provide Advisory, Assistance Services For BMDS Logistics Under $51M MDA Contract

The Missile Defense Agency has awarded a $51.5 million contract to Venturi for advisory and assistance services in support of logistics work for the Ballistic Missile Defense System. The Huntsville, Alabama-based company will develop, implement, sustain and assess logistics processes, plans and policies for BMDS under the terms of the contract, the Defense …

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