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The State Department has approved Romania’s request to procure Patriot air defense systems, support and equipment under a potential $3.9 billion foreign military sales deal. Romania requested seven Patriot Configuration-3+ modernized fire units comprised of seven AN/MPQ-65 radar sets, seven AN/MSQ-132 engagement control stations...

Lockheed Martin (NYSE:LMT) has received a potential $5.58 billion contract modification from the U.S. Navy for the low-rate initial production of lot 11 fiscal 2017 F-35 Lightning II aircraft. The modification covers the production of 48 F-35As for the U.S. Air Force, 18 F-35Bs for the U.S. Marine Corps and eight F-35Cs for USMC and t...

Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee™s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for $28.5 billion more than ...

United Technologies Corp.˜s (NYSE: UTX) Pratt & Whitney subsidiary has received a three-year, $339.6 million contract modification from the U.S. Navy to provide initial spares for the F-35 propulsion system. The Defense Department said Friday Pratt & Whitney will supply initial spare modules, parts and engines in support of th...

The State Department has approved Taiwan™s request to buy missiles, torpedoes and related components as well as operations and maintenance support for the East Asian state™s surveillance radar program under seven foreign military agreements worth approximately $1.36 billion combined. Taiwan requested to purchase follow-on sustainment servi...

Northrop Grumman (NYSE: NOC) has secured a $179 million contract modification from the U.S. Air Force to provide hardware and support for large aircraft infrared countermeasures systems, or LAIRCM. The Defense Department said Thursday the company will perform work under the modification in Rolling Meadows, Illinois through April 30, 2...

Lockheed Martin (NYSE: LMT) has received a potential three-year, $257.8 million contract modification from the U.S. Navy to supply alternate mission tools, pilot flight equipment and red gear to support the low rate initial production of lot 10 F-35 Lightning II fighter jets. The firm-fixed-price modification covers purchase...

TYSONS CORNER, VA, June 27, 2017 ” General Atomics will supply 22 MQ-9B Guardian unmanned aircraft systems under a U.S. foreign military sales deal with India amid Indian Prime Minister Narendra Modi’s visit to Washington, ExecutiveBiz reported Monday. Defense News reported Friday the U.S. government was set to approve...

The State Department has approved Australia’s request to buy up to five units of modified Gulfstream G550 aircraft from the U.S. under a potential $1.3 billion foreign military sales agreement. Australia seeks to procure Gulfstream G550 planes that have been modified to integrate airborne intelligence, surveillance, reconna...