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Mary-Louise Hoffman

Report: Israel, US Discuss Military Funds Extension

Israel is discussing plans to modernize its defense system with the U.S. and a possible extension of U.S. military funds after the current financing agreement ends in 2018, Bloomberg reported Friday. Gopal Ratnam and Tony Capaccio write Israel wants to acquire new weapons and equipment through the $3.1 billion in …

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Army Plans $2.5B for Fort Meade Construction Work; Kevin Plexico Comments

The U.S. Army is preparing a potential $2.5 billion multiple-award contract for a construction project on the east campus of Fort Meade, Md., the Washington Business Journal reported Thursday. Jill Aitoro writes that the Army could issue a request for proposals during the winter and that work will also include …

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Raytheon Wins $106M Commercial Bomb Sale; Harry Schulte Comments

Raytheon (NYSE: RTN) has won a $106 million contract to provide two types of precision-guided bombs to an unidentified international customer through a direct commercial sale. The order is for the Paveway II munitions family that uses laser and GPS technology, Raytheon said Thursday. Harry Schulte, vice president of air …

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