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Tag Archives: Missile Defense

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

MissileDefense

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

Vice Adm. Joe Rixey

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

MissileDefense

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

Dan Allen

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

MissileDefense

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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Kevin Robinson: MTSI Eyes Expansion Across Several Business Lines

Kevin Robinson

TYSONS CORNER, VA, June 6, 2016 — Kevin Robinson, president and CEO of Modern Technology Solutions Inc., has said the company works to drive its growth strategy in the unmanned aircraft systems market through programs with government agencies and alliances with commercial partners, ExecutiveBiz reported Thursday. “We are selectively pursuing expansion in …

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Lockheed, MBDA Seek German Parliamentary Approval for MEADS Deal by Year’s End

MissileDefense

TYSONS CORNER, VA, June 3, 2016 — Lockheed Martin (NYSE: LMT) and its partner MBDA hope to receive clearance from Germany’s parliament by the end of the year to proceed with the planned $4.5 billion procurement of their Medium Extended Air Defense System, ExecutiveBiz reported Thursday. Reuters reported Thursday that the German parliament …

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Harris Lands $106M AF Follow-On Award for Ground-Based Systems Support

HARRIS

Harris (NYSE: HRS) has secured a $106 million follow-on contract option from the U.S. Air Force to provide a range of ground-based systems support services for missile warning, missile defense and space surveillance operations. The company said Wednesday the follow-on award covers depot-level maintenance, repairs, upgrade, contractor logistics support and others for six weapon systems across 12 …

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Harris to Provide More Satcom Terminals to Army; Ed Zoiss Comments

Ed Zoiss

TYSONS CORNER, VA, May 10, 2016 — Harris Corp. (NYSE: HRS) will provide additional satellite communications terminals to the U.S. Army under new orders worth $41 million, ExecutiveBiz reported Thursday. The company said Thursday the orders are part of the Army’s Modernization of Enterprise Terminals program and the terminals will serve as “backbone” to …

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MDA Awards Raytheon $543M for 17 Standard Missile-3 Weapons

MissileLaunchStock

The Missile Defense Agency has awarded Raytheon (NYSE: RTN) a $543,337,650 million contract modification to build and assemble 17 Standard Missile-3 units in the block IIA configuration over five years. This modification increases the total face value of a contract awarded in July for SM-3 long lead material from the initial $87,038,436 base value …

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