The U.S. Army has awarded the Javelin Joint Venture a fiscal year 2025 follow-on production contract valued at up to $900.5 million for Javelin missiles and associated equipment and services. As part of the contract, JJV, a joint venture between Lockheed Martin and Raytheon, will deliver the weapon to Brazil and Tunisia — making them...
The State Department has approved Denmark’s foreign military sales request worth about $8.5 billion for the Integrated Battle Command System-enabled Patriot missile system and related equipment and support services. The Defense Security Cooperation Agency said Friday RTX, Lockheed Martin and Northrop Grumman will serve as principal contractors...
Commerce Secretary Howard Lutnick said top Department of Defense officials are “thinking about” whether the U.S. should take equity stakes in defense contractors like Lockheed Martin, CNBC reported Tuesday. In an interview on CNBC’s Squawk Box, Lutnick said Lockheed is “basically an arm of the U.S. government.” “B...
Voyager Technologies has appointed Paul Tilghman as its new chief technology officer. Tilghman, a former Anduril Industries executive, will lead the technology strategy and innovation road map, advancing mission-critical solutions across ground, air and space domains, according to a Voyager press release published Monday. “We’re bringing...
Judy Lewis, an experienced defense industry executive, has joined ASRC Federal as vice president of business development for defense and intel sectors. She confirmed her new role in a LinkedIn post Wednesday. Who is Judy Lewis? The executive comes to ASRC Federal from BAE Systems, where she served as VP of business winning for a...
Nigeria has secured United States approval to purchase munitions, precision bombs and precision rockets, along with related equipment, for an estimated cost of $346 million. The principal contractors for this project are RTX‘s missiles and defense business, Lockheed Martin and BAE Systems. The Department of Defense is working to strengthen its...
Tom Arseneault, president and CEO of BAE Systems Inc., said the U.S. business is well positioned to benefit from the U.S. defense budget increase and support the Golden Dome missile defense shield project. DOD’s FY 2026 Budget Request In late June, senior Department of Defense officials and military leaders released DOD’s proposed $961.6...
The Department of State has approved the Egyptian government’s request to purchase the National Advanced Surface-to-Air Missile System. RTX will serve as the principal contractor for the proposed foreign military sale, which is estimated to be valued at $4.67 billion, the Defense Security Cooperation Agency said Thursday. The weapon system pur...
L3Harris Technologies has appointed Eric DiStasi as vice president of strategy and business development and general manager of its advanced missile programs. DiStasi confirmed his new role in a LinkedIn post Thursday. Who is Eric DiStasi? The executive is a long-time defense industry leader. He joined L3Harris in 2021 as director of corporate strate...
The Department of State has approved Norway’s $2.6 billion Foreign Military Sale request for HH-60W helicopters and related equipment, with Sikorsky Aircraft as the principal contractor. Under the proposed sale, Norway could purchase up to nine HH-60W helicopters, 22 T-700-GE-401 turboshaft engines, 21 Embedded GPS/Inertial Navigation Systems,...
