The State Department has approved a potential $15 billion foreign military sale of anti-ballistic missile defense systems, related equipment and support services to Saudi Arabia. Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will serve as principal contractors on the sale, the Defense Security Cooperation Agency said Friday. Th...
Five companies have won positions on a potential five-year, $249 million foreign military sales contract to offer education and training services for a U.S. Army‘s Security Assistance Training Management Organization. The Defense Department said Tuesday contractors will support USASATMO’s overseas security assistance training activities ...
Harris (NYSE: HRS) has received a potential $84.4 million contract from the U.S. Air Force to engineer Advanced Integrated Defensive Electronic Warfare Suite systems for multiple foreign military sales customers. The Defense Department said Friday Harris will perform work under the indefinite-delivery/indefinite-quantity contrac...
Chuck Reiche, formerly vice president of corporate business development at iGov, has been promoted to senior VP of business development at the defense systems integration company. Reiche will serve as senior corporate executive at iGov’s Tampa, Florida, office and continue to oversee the company’s business development, capture and market...
TYSONS CORNER, VA, Aug. 18, 2017 ” American Systems will pursue work to provide aviation training services to the Security Assistance Training Management Organization within the U.S. Army through its position on a previously awarded $250 million contract, ExecutiveBiz reported Wednesday. The company said Monday it will ...
The State Department has approved Australia™s request to buy tactical radio systems to support upgrades to F/A-18E/F Super Hornet aircraft as well as 120mm tank ammunition and related services under two foreign military agreements worth approximately $151.4 million combined. Australia requested to procure Multifunctional Information D...
Frontier Electronic Systems has received a potential five-year, $72.9 million contract to manufacture sensor and data distribution systems for the U.S. Navy as well as the governments of Japan and South Korea. The Defense Department said Wednesday the company will produce AN/SPQ-14 sensor distribution systems and AN/SPQ-15 data d...
Weekly Roundup May 29 – June 2 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Unmanned systems are starting to be more and more ubiquitous in our daily lives. While they’ve been in use in the defense industry for decades, increased attention from the commercial...
Elbit Systems (Nasdaq: ESLT) has received a potential five-year, $100 million contract from Israel’s ministry of defense to manufacture and deliver hundreds of advanced radio systems. The Israel-headquartered company said Wednesday it will supply handheld, airborne and vehicle mounted software-defined radios designed to sup...
The U.S. Air Force has awarded Orbital ATK (NYSE: OA) a five-year, $67 million contract to manufacture AIM-9P Sidewinder missile rocket motors for foreign military sales customers. The Defense Department said Thursday $8.4 million in foreign country military funds will be obligated for the initial delivery of Orbital ATK-bui...
