Search Results for: Lockheed

Saft to Provide Specialty Batteries for Joint Light Tactical Vehicle

TYSONS CORNER, VA May 21, 2015 — ExecutiveBiz reported Wednesday on Saft’s selection as the Li-ion battery provider for Lockheed Martin’s (NYSE: LMT) Joint Light Tactical Vehicle program. Saft said Tuesday its selection for the production phase of the next-generation lightweight vehicles comes eight months after its completion of the production readiness …

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State Dept Clears $2B in Saudi MH-60R Helicopter, Turkey Phalanx Gun System Sales

The State Department has approved approximately $2.2 billion in requests from Saudi Arabia and Turkey to purchase military equipment from the U.S. under foreign military sales agreements. Saudi Arabia has asked the U.S. for $1.9 billion in MH-60R multimission helicopters, equipment and logistics services in a transaction that sees Sikorsky Aircraft and Lockheed Martin …

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State Dept OKs $2B Bomb Guidance Kit Sale to Israel

The State Department has cleared a potential $1.879 billion foreign military sale of Boeing-built (NYSE: BA) Joint Direct Attack Munition tail kits and related equipment, parts and logistics services to Israel. Israel ordered 14, 500 KMU-556C/B JDAM kits with GBU-39, BLU-113 and Mk-80 series bombs, Hellfire and Advanced Medium Range …

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Report: UTC in Talks With Potential Sikorsky Buyers

United Technologies Corp. (NYSE: UTX) has begun discussions with other companies about a potential sale of UTC’s Sikorsky Aircraft subsidiary, the Wall Street Journal reported Tuesday. Citing several sources, Dana Mattioli and Ted Mann write that Airbus Group, Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are considering making offers …

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20 Companies Win Spots on $8B NETCENTS-2 Infrastructure Services IDIQ

Twenty companies have landed spots on a potential $7.9 billion contract to provide network operations and infrastructure support services across the U.S. Air Force enterprise. Contractors will compete to perform work during the three-year ordering period for this portion of the Network-Centric Solutions-2 program, the Defense Department said Friday. The …

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Army Awards $1B Equipment Support IDIQ Spots to 20 Companies

Twenty contractors will compete to perform equipment-related services for the U.S. Army under an eight-year indefinite delivery/indefinite quantity contract worth $1.1 billion. The Army Contracting Command received 24 proposals for the order-dependent contract and the winning vendors are scheduled to complete work on May 13, 2023, the Defense Department said …

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Navy Orders Mercury Systems Electronic Parts

Mercury Systems (NASDAQ: MRCY) has been awarded a five-year, $7.3 million contract to produce electronic spare parts for the U.S. Navy’s ship-mounted electronic warfare systems, Military & Aerospace Electronics reported Thursday. John Keller writes the digital, radio frequency and microwave components will be installed in the Navy’s AN/SLQ-32(V)6 shipboard EW system. …

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PAE Signs Deal to Buy A-T Solutions in Nat’l Security Growth Push; John Heller Comments

Arlington, Va.-based infrastructure and logistics services contractor PAE has agreed to purchase counterterrorism services provider A‑T Solutions from owners CI Capital and CoVant for an undisclosed sum. PAE said Thursday it expects to close the transaction, which is subject to regulatory approvals,  by the end of May and intends to build up its …

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State Dept Clears Australia’s Requests for $1.8B in F-16, Hobart Destroyer Services

The State Department has approved $1.775 billion in foreign military sales requests from Australia for equipment and services in sustainment and logistics to support that country’s Super Hornet and Growler jets and Hobart-class destroyers. Australia asked the U.S. for $1.5 billion in parts and services on 24 F/A-18 Super Hornet and 12 EA-18G Growler planes under one agreement, the …

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General Dynamics NASSCO to Help Navy Sustain Littoral Combat Ships

General Dynamics‘ (NYSE: GD) NASSCO subsidiary has won a potential $96.3 million contract to sustain Littoral Combat Ships that are visiting or stationed at a naval base in San Diego. The contract has a $24.2 million initial amount and will reach its full potential value if all options are exercised, the Defense …

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