The Japanese government aims to expand its air defense capabilities with the procurement of anti-air and anti-surface interceptor missiles and related equipment from the U.S. government through a $450 million foreign military sales agreement approved by the State Department. Raytheon Technologies‘ (NYSE: RTX) missiles and defense unit will ser...
Kuwait seeks to procure a medium-range air defense system from the U.S. government through a potential $3 billion foreign military sales transaction cleared by the State Department. Raytheon Technologies (NYSE: RTX), which produces the National Advanced Surface-To-Air Missile System in partnership with Norwegian company Kongsberg, will be the main c...
The Department of Defense continues to issue accelerated payments meant to help defense contractors withstand the impact of the COVID-19 pandemic even after the White House declared the health crisis over, Bloomberg reported Monday. In March 2020, DOD issued a memo that increases the progress payment rates for large businesses from 80 percent to 90...
Raytheon Technologies’ (NYSE: RTX) Pratt & Whitney subsidiary will provide military services, non-Department of Defense organizations and foreign military customers with spare parts for the F-135 aircraft propulsion system under a potential $769.9 million contract modification from the U.S. Navy. DOD said Friday the vendor will also supply mod...
The Department of the Air Force has selected five companies to be part of an industry consortium that will define future requirements and develop the digital infrastructure for the Advanced Battle Management System. L3Harris Technologies (NYSE: LHX), Leidos (NYSE: LDOS), Northrop Grumman (NYSE: NOC), Raytheon Technologies (NYSE: RTX) and Science App...
Raytheon Technologies’ (NYSE: RTX) Collins Aerospace business has secured a potential five-year, $583 million contract from the U.S. Army to produce the latest generation of positioning, navigation and timing system for the service’s uncrewed and manned ground vehicles. The Army awarded the indefinite-delivery/indefinite-quantity contract after ...
Axiom Space has won a $228.5 million task order from NASA to produce next generation spacesuits for astronauts taking part in the space agency’s Artemis III human lunar spaceflight mission. In addition to Axiom developing Artemis spacesuit and supporting systems, NASA said Thursday the company is tasked to hold a demonstration of the technolog...
The State Department has cleared Taiwan’s requests to procure AGM-84L-1 Harpoon Block II missiles, contract logistics support for the Surveillance Radar Program and AIM-9X Block II Sidewinder missiles under three foreign military sales agreements worth approximately $1.1 billion combined. Taiwan’s economic and cultural representative office requ...
Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary has received a potential six-year, $176.9 million contract from the U.S. Air Force to provide support for a ground radio network infrastructure and related antenna subsystems used for military command-and-control communications. The firm-fixed-price, indefinite-delivery/indefinite-qua...
The Defense Security Cooperation Agency has listed four prime contractors for a potential $141.1 million foreign military sale of ground command and control equipment to Morocco. DSCA said Thursday the State Department approved the possible FMS transaction that will involve General Atomics‘ aeronautical systems unit, Lockheed Martin (NYSE: LMT...
