The State Department has approved a potential $350 million foreign military sale of equipment and services to refurbish Bahrain’s AH-1W attack helicopter fleet. Bell, a subsidiary of Textron (NYSE: TXT), will serve as the principal contractor on the proposed deal covering the refurbishment of 24 AH-1W excess defense articles, a full-motion tra...
The State Department has cleared a potential $268 million foreign military sale of assault amphibious vehicles and related equipment to Greece. The Greek government asked to buy a total of 76 AAV units in personnel, command and recovery configurations along with 63 50-caliber machine guns, the Defense Security Cooperation Agency said Friday. Contrac...
The State Department has cleared Australia’s request to procure from the U.S. government long-range cruise missile systems manufactured by Raytheon Technologies (NYSE: RTX) under a potential $895 million foreign military sale deal. Australia asked to buy 200 Tomahawk Block V missiles and associated support for all up rounds, a tactical weapon ...
The State Department has approved Japan’s request to procure up to five Northrop Grumman-made (NYSE: NOC) E-2D Advanced Hawkeye airborne early warning and control aircraft, related equipment and services from the U.S. government under a foreign military sales agreement worth approximately $1.4 billion. Northrop will serve as the prime contractor i...
The State Department has cleared Taiwan’s request to buy munitions, related equipment and services for F-16 fighter jets from the U.S. government through a potential $619 million foreign military sales agreement. Lockheed Martin (NYSE: LMT) and Raytheon Technologies’ (NYSE: RTN) missiles and defense business will serve as principal contractors i...
The State Department has approved Australia’s request to buy an extended-range configuration of the Advanced Anti-Radiation Guided Missile system, related equipment and services under a potential $506 million foreign military sales agreement. The possible FMS transaction includes 63 AARGM-ERs and 20 captive air training missiles, the Defense Secur...
The State Department has approved the Netherlands’ request to purchase Lockheed Martin-built (NYSE: LMT) multiple launch rocket systems and associated equipment from the U.S. government under a $670 million foreign military sale proposal. The possible deal includes 20 M142 High Mobility Artillery Rocket System, missile and rocket pods, battle ...
The State Department has approved a potential $250 million sale of information technology services to Kuwait’s Military Medical Command. Oracle‘s (NYSE: ORCL) Cerner subsidiary will act as the principal contractor on the proposed foreign military sale, the Defense Security Cooperation Agency said Tuesday. Kuwait requires assistance to pl...
Poland has requested to procure Lockheed Martin-built (NYSE: LMT) high mobility artillery rocket system launchers and related equipment from the U.S. government under a $10 billion foreign military sales agreement approved by the State Department. The proposed FMS transaction includes 18 M142 HIMARS launchers, tactical missile systems, extended-rang...
The Department of Defense’s arms sales grew by almost 50 percent in fiscal year 2022 due in large part to foreign military transactions in Asia and Central Europe, DOD News reported Wednesday. Data from the Defense Security Cooperation Agency showed an increase in sales from $34.81 billion in 2021 to approximately $52 billion last year....
