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.
Read More »Search Results for: Rheinmetall
Raytheon, Rheinmetall to Chase Army Bradley Replacement Program Through Newly Formed JV
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.
Read More »Raytheon-Rheinmetall Team to Offer Integrated Air Defense System to Germany
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 …
Read More »Lockheed Teams With Rheinmetall in Bid for Germany’s Helicopter Replacement Effort
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 …
Read More »IndoDef 2016: Rheinmetall Defence talks Marder RI Programme
FLIR Systems Eyes Army’s OMFV Combat Vehicle Program; Tom Frost Quoted
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.
Read More »Bruce Jette: Original Competitors Plan to Submit Bid for Restructured OMFV Combat Vehicle Program
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.
Read More »McAleese & Associates: Raytheon Reports 25% Rise in Q3 2018 Bookings
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 …
Read More »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 …
Read More »Bloomberg: Investment Firms Bid on Airbus’ Defense Electronics Business
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’ …
Read More »