A U.S.-based subsidiary of Rheinmetall’s defense segment has partnered with Textron Systems, Raytheon Technologies (NYSE: RTX) and other U.S. defense companies to form an industry team to compete for the U.S. Army’s Optionally Manned Fighting Vehicle program.

Raytheon (NYSE: RTN) has formed a joint venture with the defense business of Germany-based Rheinmetall to bid for a U.S. Army program aimed at replacing the military service's Bradley combat vehicle.

TYSONS CORNER, VA, March 21, 2018 — Raytheon (NYSE: RTN), in partnership with military technology group Rheinmetall, unveiled a set of integrated air defense platforms that the team is offering to Germany opposite the antimissile system of Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Monday. Defense News reported that the U.S. defense contractor …

TYSONS CORNER, VA, Feb. 7, 2018 — Lockheed Martin (NYSE: LMT) has entered into a partnership with Germany’s Rheinmetall to offer the Sikorsky-built CH-53K King Stallion helicopter in the team’s bid for a potential $4.9 billion helicopter procurement contract with the German military, ExecutiveBiz reported Tuesday. Reuters reported Tuesday a request for information is …

Thermal imaging camera provider FLIR Systems (Nasdaq: FLIR) is interested in joining a team to pursue the U.S. Army's Optionally Manned Fighting Vehicle program, Inside Defense reported Thursday.

Bruce Jette, acquisition executive at the U.S. Army and a 2020 Wash100 award winner, said companies that previously submitted bids for the Optionally Manned Fighting Vehicle program have expressed plans to compete again after the service restructured the acquisition strategy for the OMFV competition, Inside Defense reported Thursday.

A report by consulting firm McAleese & Associates says Raytheon (NYSE: RTN) posted $8.7B in bookings during the third quarter of 2018, reflecting a 25 percent increase from the same period last year. Raytheon associated the increase with the integrated defense systems sector’s $1.3B Patriot missile defense system order from Poland and $787M …

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 …

Airbus Group has received initial acquisition bids for its defense sensor and border security technology assets from private equity companies Blackstone, Carlyle Group and KKR & Co., Bloomberg reported Tuesday. Military technology firms Thales and Rheinmetall are also interested in acquiring the portfolio that generated approximately $1.2 billion in revenue during Airbus’ …