Lockheed Martin‘s (NYSE: LMT) aeronautics business will perform logistics support work for domestic and international customers of the F-35 Lightning II Joint Strike Fighter program under a U.S. Navy contract modification worth $2.22 billion. The Department of Defense said Thursday the company will conduct ground maintenance, operate an automa...
South Korea has requested to purchase CH-47F Chinook helicopters, and related equipment from the U.S. government under a $1.5 billion foreign military sales agreement approved by the State Department. Boeing (NYSE: BA) will serve as the principal contractor on the possible transaction that includes 18 CH-47F helicopters, 42 T55-GA-714A engines...
The State Department has approved Poland’s request to buy from the U.S. government M1A1 Abrams main battle tanks, other vehicles and related equipment through a potential $3.75 billion foreign military sales agreement. The Defense Security Cooperation Agency said Tuesday there will be 12 prime contractors on the proposed FMS transaction, which inc...
Estonia has closed a $200 million deal to purchase six M142 High Mobility Artillery Rocket System launchers, manufactured by Lockheed Martin (NYSE: LMT), along with associated equipment and support services from the U.S. government. The Estonian defense investment agency said deliveries of the systems are scheduled to begin in 2024 under the contrac...
Honeywell International Inc. has been a trusted contractor for the federal government for over 100 years. The company provides innovative solutions in four business areas: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. Take a look at the top Honeywell government contracts. 1. DMEA Mod...
The State Department has approved Qatar’s request to purchase a suite of systems designed to recognize and mitigate drone threats, as part of a potential $1 billion foreign military sales deal with the U.S. government. Qatar seeks to buy 10 units of the Fixed Site-Low, Slow, Small Unmanned Aircraft System Integrated Defeat System and 200...
The U.S. Navy has awarded approximately $385.3 million in two indefinite-delivery/indefinite-quantity contracts for engineering and logistics services in support of KC-130J aerial refueling aircraft systems. Rolls-Royce will sustain and support the tanker’s propulsion system under a $228.1 million firm-fixed-price contract while General Electr...
The State Department has approved a potential $323.3 million foreign military sale of missile systems, manufactured by Raytheon Technologies (NYSE: RTX), and related equipment to the Finnish government. Finland’s FMS request includes 40 AIM 9X Block II tactical missiles, 48 AGM-154 Joint Stand Off Weapon systems and a number of tactical guidan...
Raytheon Technologies (NYSE: RTX) will provide the U.S. Navy and several foreign military sale customers with guided missile assemblies as well as related equipment and spares to meet the full-rate production requirements of the Evolved Seasparrow Missile Block 2 program for fiscal years 2021 to 2023. Deliveries will be made under a $397.7 million f...
Leonardo’s U.S. subsidiary is set to start trading Tuesday on Nasdaq under the ticker symbol “DRS” after the completion of its all-stock merger with Israel-based RADA Electronic Industries that was first announced in June. The closing of the transaction creates a public company that will offer sensing, network computing, force protection a...
