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Leonardo DRS (Nasdaq: DRS) has won a potential $235.9 million contract from the U.S. Navy to produce, test and deliver AN/SPQ-9B radar systems. The Department of Defense said Tuesday Naval Sea Systems Command launched an online competitive procurement process and received two offers for the firm-fixed-price contract. The contract for the fabrication...

Egypt has secured approval from the U.S. State Department to acquire 720 Stringer missiles and other equipment and services under the Foreign Military Sales program.  The Defense Security Cooperation Agency said Tuesday the potential deal is estimated to cost $740 million, citing RTX (NYSE: RTX) as the principal contractor.  Egypt plans to...

The State Department has approved Taiwan’s proposed foreign military sale request for aircraft spare parts and related equipment worth $228 million. The Defense Security Cooperation Agency said Monday the Taipei Economic and Cultural Representative Office in the United States, on behalf of Taiwan’s armed forces, made the request to purch...

The State Department has approved the government of Japan’s request to purchase KC-46A aerial refueling aircraft and related equipment for $4.1 billion. The Defense Security Cooperation Agency said Friday Boeing (NYSE: BA), RTX (NYSE: RTX), its Pratt & Whitney business and Northrop Grumman (NYSE: NOC) will serve as the principal contractor...

The State Department has approved the government of Romania’s $7.2 billion request to purchase F-35 aircraft, engines and related equipment. under the Foreign Military Sales program. The Defense Security Cooperation Agency said Friday the southeastern European country asked to buy 32 F-35A Lightning II Joint Strike Fighter Conventional Ta...

The State Department has awarded Tetra Tech a potential five-year, $1 billion contract to provide global conventional weapons destruction support services for the Bureau of Political-Military Affairs’ Office of Weapons Removal and Abatement. The department announced the award of the Worldwide Conventional Weapons Destruction indefinite-delivery/in...

The State Department has approved a potential $691 million foreign military sales request of the government of the Netherlands to buy 246 AIM-9X Sidewinder Block II tactical missiles, related equipment and support services from the U.S. government. The Defense Security Cooperation Agency said Friday RTX (NYSE: RTX) will serve as the principal contra...

The State Department has cleared the potential foreign military sale of M142 High Mobility Artillery Rocket Systems to Croatia. The possible transaction is worth an estimated $390 million and has Lockheed Martin (NYSE: LMT) as the principal contractor, the Defense Security Cooperation Agency said Friday It the purchase of the following: Ei...

In an era where the U.S. is increasingly interested in sharing the offerings of its defense industrial base with allies, bureaucratic red tape is sometimes the only thing standing in the way of making foreign military sales—FMS for short. Defense News reported in mid-August that if major allies like the U.K. and Australia wanted to procure...