Lockheed Martin (NYSE: LMT) has received a $158.5 million contract modification from the U.S. Navy to conduct phase 2 system upgrade work on Germany’s P-3C Orion maritime surveillance aircraft. The Defense Department said Tuesday Lockheed will update mission computers, acoustic equipment, armament/ordnance systems, displays and ...
Lockheed Martin (NYSE: LMT) has received a $218.7 million contract modification to sustain and perform logistics support for the F-35 Lightning II aircraft of the U.S. Navy, Air Force, Marine Corps, non-Defense Department participants and foreign military sales customers. DoD said Friday Lockheed will carry out ground maintenance; act...
The State Department has approved Switzerland™s request to buy tactical radio systems, software support, cueing platforms and other services to support upgrades to F/A-18 fighter aircraft under a potential $115 million foreign military sales agreement. Switzerland asked to procure Multifunctional Information Distribution Sys...
Kurt Amend, president of Raytheon‘s (NYSE: RTN) operations in Saudi Arabia, has been named CEO of the Raytheon Arabia business. The company said Sunday the nearly three-year public and private sector veteran will oversee the unit’s business strategy and execution of defense-related projects in the Middle Eastern country. Amend’...
Lockheed Martin (NYSE: LMT) has received a potential $3.69 billion contract modification from the U.S. Navy for the low-rate initial production of 50 lot 11 F-35 Lightning II aircraft for foreign military sales clients. The modification covers the production of 22 F-35A jets for FMS customers, eight F-35As for the Nethe...
Shareholders at DigitalGlobe (NYSE: DGI) and Canada-based MacDonald, Dettwiler and Associates have separately approved the deal originally announced in February for MDA to buy the Westminster, Colorado-based Earth imaging services provider in an estimated $3.6 billion transaction. Holders of approximately 93 percent of shares in ...
Leonardo DRS has received an $82.3 million contract modification from the U.S. Army to supply forward-looking infrared thermal receiver units to five countries under a foreign military sales deal. The Defense Department said Thursday the company will provide Horizontal Technology Integration second generation receivers ...
TYSONS CORNER, VA, July 24, 2017 ” Battelle has realigned the San Diego-based U.S. business of its SeeByte subsidiary under its direct management in efforts to drive greater collaboration with U.S. government clients on unmanned underwater systems, ExecutiveBiz reported Friday. The move also works to address concerns over foreign ownership...
Lockheed Martin (NYSE: LMT) has received a potential $192.3 million contract modification from the U.S. Navy for production support to the Aegis combat system modernization effort in fiscal 2017. The Defense Department said Thursday Lockheed’s rotary and mission systems business will perform work in Moorestown, New Jersey; Clear...
TYSONS CORNER, VA, July 12, 2017 ” The Netherlands could soon deploy BAE Systems-built AN/AAR-57A(V)7 Common Missile Warning Systems after the State Department cleared the country’s proposed $58.2 million purchase of the technology, ExecutiveBiz reported Tuesday. The Defense Security Cooperation Agency said Monday the ...
