Search Results for: Lockheed

Research and Markets: Critical Infrastructure Protection Market to Grow 10% Over 5 Years

A new survey by Research and Markets forecasts the critical infrastructure protection market to grow double digits over the next five years. The “Critical Infrastructure Protection: Global Advancements, Market Forecasts & Analysis 2013-2018” report seeks to highlights countries’ efforts to build up defenses against disruption of assets in event of …

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US, Iraq Strike $6B Deal for Boeing Apache Helicopters

Iraq will acquire 24 Boeing-made (NYSE: BA) Apache attack helicopters through an approved $6.2 billion deal under the Pentagon’s foreign military sales program, Defense News reported Monday. Paul McLeary writes the Iraqi military’s purchase and lease of AH-64Es was approved by a U.S. congressional panel Monday. The deal also includes …

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Report: Mitsubishi Heavy, BAE Discuss F-35 Parts Deal

Japan-based Mitsubishi Heavy Industries is negotiating with BAE Systems the terms of a potential contract, where Mitsubishi Heavy would supply components for Lockheed Martin‘s (NYSE: LMT) F-35 aircraft, Reuters reported Monday. Tim Kelly writes the progress of that agreement depends on the decision of Japan’s government on whether to subsidize production of parts for …

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Paul Casey Named Northrop UAE Intl Business Development Head

Paul Casey has been appointed to serve as director of international business development for the United Arab Emirates at Northrop Grumman, Monday. Casey will lead the business development activities in the UAE and the rest of the Middle East region, the company announced Tuesday. He joins the company from Lockheed …

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Singapore to Upgrade F-16 Fighter Planes in $2.4B U.S. Arms Deal

Singapore plans to modernize its fleet of F-16 jets under a $2.43 billion foreign military sales agreement with the U.S., Agence France-Presse reported Tuesday. Singapore will purchase new radars, navigation systems, missiles and other components for the F-16 fighter fleet, according to the report. The arms deal also covers precision-guided bombs …

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Raytheon, Rafael to Co-Produce Missile Interceptors; Pini Yungman Comments

Raytheon Co. (NYSE: RTN) and Israeli state-owned company Rafael Advanced Defense Systems are planning to co-develop an air defense system that is already used in Israel for the U.S. Army and allied forces, Defense News reported Thursday. Barbara Opall-Rome writes Rafael and Raytheon also want to jointly build Stunner interceptors, …

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Casey Coleman Appointed AT&T Government Solutions Client EVP

Casey Coleman, formerly chief information officer at the General Services Administration, has joined AT&T (NYSE: T) as client executive vice president for the company’s U.S. federal business division, AT&T Government Solutions. She will be responsible for developing long-term customer relationships and delivering customized offerings to civilian agencies, AT&T said Tuesday. …

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John Casper, Scott Spence Provide Context on Space Fence Contract; Reported for Potential April Release

The U.S. Air Force could award a multi-billion dollar contract in April to build a new radar system for tracking objects in space, Space News reported Dec. 27. Mike Gruss writes the Air Force has spent close to $1.3 billion on the Space Fence program since 2006. Lockheed Martin and …

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KAI Wins $1B Iraq T-50 Fighter Aircraft Sale

Korean Aerospace Industries has received a $1.1 billion order from the Iraqi government for 24 T-50 multirole aircraft, the Wall Street Journal reported Thursday. Jeyup Kwaak writes KAI will build Iraq a fighter variant of the Golden Eagle aircraft under the contract, which represents South Korea’s largest arms-export sale to …

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Raytheon to Build Army Electronic Warfare Planning, Management Tool

Raytheon (NYSE: RTN) has won a potential five-year,  $97, 850, 000 contract to design and build a tool for the U.S. Army to plan and manage electronic warfare. Six bids were received by the Army Contracting Command’s office in Aberdeen, Md. for the indefinite-delivery/indefinite-quantity contract via an Internet solicitation, the Defense Department …

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