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Search Results for: foreign military sales

Germany, US Ink $250M Foreign Sales Deal for Orion Computer Equipment

The U.S. State Department has approved a proposed $250 million foreign military sales agreement with Germany, where the U.S. would provide hardware and software for eight Lockheed Martin-built (NYSE: LMT) P-3C aircraft owned by Germany. Lockheed and General Dynamics (NYSE: GD) are the prime contractors for the sales deal, through …

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CHSi Subsidiary Lands Medical Work Under US Foreign Sales Deal; Gary Palmer Comments

A Comprehensive Health Services Inc. subsidiary has been awarded a multi-year contract to provide on-site healthcare services at Iraq’s Balad Air Base through the U.S. foreign military sales program. Sallyport Global Services awarded the contract to CHS Middle East LLC as part of an FMS deal for F-16 aircraft with …

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Colin Powell Joins Salesforce.com Board of Directors; Marc Benioff Comments

Colin Powell, the former secretary of state and chairman of the Joint Chiefs of Staff, has joined the board of directors at Salesforce.com (NYSE: CRM). Powell’s appointment took effect Thursday brings the board’s total number of members to 11, Salesforce said Friday. The retired four-star U.S. Army general served in the military …

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Michael Baker Int’l Awarded $838M for F-16 Foreign Sales Support; Kurt Bergman Comments

Michael Baker International will provide engineering, construction, training and operational support services to the U.S. Air Force worth up to $838 million under multiple three-year contracts. The company said Tuesday that its subsidiaries KS International and Sallyport Global Services will work at the Balad Air Base in Iraq to help prepare F-16 aircraft …

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Exelis Deploys F-16 Electronic Warfare Tech For AF Foreign Sales; Joe Rambala Comments

Exelis (NYSE: XLS) has built electronic warfare equipment for F-16 fighter jets under a series of U.S. Air Force foreign military sales agreements with five international partners. The Advanced Integrated Defensive Electronic Warfare Suite has been certified for operational use in the F-16 programs of Chile, Turkey, Poland, Oman and Pakistan, …

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Gene Colabatistto: CAE Extends Global Defense Reach With $102M in 3Q Military Training Deals

CAE (NYSE: CAE) won approximately $102 million in contract awards during the third quarter of its 2014 fiscal year, covering flight simulation technology and related services to U.S. and international defense customers. Those deaks include a potential $30 million contract to support the U.S. Navy‘s T44-C pilot training program, CAE …

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Saudi Arabia Submits Request for $1B in Raytheon Missile Sales

Saudi Arabia has asked to buy more than 15, 000 Raytheon-made (NYSE: RTN) missiles from the U.S. government under two foreign military sales transactions worth close to $1.1 billion combined. The Defense Security Cooperation Agency notified Congress of the proposals Thursday in two separate notices, one detailing a $900 million …

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QinetiQ NA Wins Int’l Robot Order from Iraq’s Military; JD Crouch Comments

QinetiQ North America has won a $20 million contract to build military robots for Iraq’s military forces to fulfill a foreign sales agreement with that country. QNA will engineer TALON IV robots at its Waltham, Mass.-based facility and expects to finish work in March 2014 under the firm-fixed-price contract, QinetiQ …

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Report: Pentagon Outlines $4.3B in Potential Arms Sales to Iraq

The U.S. Defense Department has informed Congress of nearly $4.3 billion in potential foreign military sales transactions with Iraq, Defense News reported Sunday. Paul McLeary writes the deals come as the country aims to address sectarian violence and terrorist attacks. “Iraq is moving back to a primary state of civil …

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Raytheon Wins $200M Missile Order, Includes Sales to 6 Countries

Raytheon (NYSE: RTN) has won a $200, 504, 841 contract modification to produce 541 missiles and related components for the U.S. Navy and Air Force and six other countries under the foreign military sales program. Sales to Malaysia, Morocco, Oman, Kuwait, Saudi Arabia and Switzerland comprise nearly 46.6 percent of total purchases under …

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