Home / Contract Awards / Report: UAE to Buy $684M in Raytheon-Built Laser Guided Bombs

Report: UAE to Buy $684M in Raytheon-Built Laser Guided Bombs

The United Arab Emirates will purchase laser guided bombs from Raytheon (NYSE: RTN) under a $684.4 million deal, Reuters reported Tuesday.

The agreement announced at the Dubai Airshow Tuesday includes Raytheon-built GBU-10 and GBU-12 Paveway bomb kits.

The deal came days after UAE awarded Lockheed Martin (NYSE: LMT) a potential $1.6 billion order to update the country’s fleet of F-16 fighter jets.

UAE also received approval from the State Department in May to buy Patriot missile systems from Raytheon and Lockheed under a potential $2 billion agreement.

The Middle Eastern country’s military also announced an artillery procurement agreement with Germany-based Rheinmetall and plans to ink a deal with Thales and Dassault to modernize its fleet of its 75 Mirage 2000-9 planes, the report added.

Check Also

Air Force Seeks Info on E-4B Airborne Ops Center Aircraft Replacement Program

The Air Force has issued a presolicitation notice to seek information on a new aircraft to replace its fleet of legacy E-4B National Airborne Operations Center planes. A notice posted Wednesday on beta SAM website says the proposed Survivable Airborne Operations Center Weapon System aircraft will be a key National Military Command System component in support of the president, defense secretary and the Joint Chiefs of Staff.

Navy Contingency Construction IDIQ Modification Increases Contract Value to $1.2B

The U.S. Navy has awarded four companies a $92M modification that increases the potential value of an indefinite-delivery/indefinite-quantity contract for global contingency construction services to $1.24B. AECOM's (NYSE: ACM) URS subsidiary, Jacobs Engineering Group's (NYSE: JEC) CH2M business, KBR (NYSE: KBR) and Environmental Chemical Corp. hold positions on the IDIQ.