Boeing to Provide Engineering Services, Logistics Support to UAE

The White House is looking to proceed with an estimated $23 billion foreign military sale of F-35 aircraft and drones to the United Arab Emirates. “We can confirm that that the administration intends to move forward with these proposed defense sales to the UAE, even as we continue reviewing details and consulting with Emirati officials

The U.S. and the United Arab Emirates have signed an agreement for the UAE to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets and up to 18 drones, Reuters reported Thursday. The F-35s are part of a potential $23 billion deal that includes the procurement of high-tech weapons systems from Lockheed, General Atomics and

Lockheed Martin (NYSE: LMT) has received a five-year, $254.7M contract from the Missile Defense Agency to maintain two batteries for the United Arab Emirates’ Terminal High Altitude Area Defense system. The company’s space business will also manage logistics and associated product database, develop software, provide training, conduct field surveillance, repair assets and perform engineering services,