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The government of Poland’s potential $1.2 billion acquisition of airspace and surface radar reconnaissance aerostat systems has been approved by the U.S. Department of State. The prime contractors of the deal will be Raytheon, an RTX (NYSE: RTX) company, aerostat maker TCOM, ELTA North America and Avantus Federal, a subsidiary of QinetiQ Group...

The State Department has approved the government of India’s request to purchase MQ-9B remotely piloted aircraft and associated equipment from the U.S. government under a potential $3.99 billion foreign military sales agreement. India asked to buy 31 MQ-9B SkyGuardian aircraft along with embedded GPS navigation systems, Hellfire captive air tra...

The State Department has approved a potential $8.6 billion foreign military sale of F-35 conventional takeoff and landing aircraft and related equipment to the government of Greece. Lockheed Martin's (NYSE: LMT) aeronautics business and RTX's (NYSE: RTX) Pratt & Whitney subsidiary will serve as principal contractors on the proposed dea...

Under Secretary of Defense for Research and Engineering Heidi Shyu has secured her fourth Wash100 Award from Executive Mosaic for driving innovation through greater government-industry-academia collaboration in emerging and critical defense technology development. Shyu, who will keynote the Potomac Officers Club’s 10th Annual Defense R&D Summi...

The State Department has approved the government of Turkey's request to procure 40 F-16V Block 70 multi-role fighting aircraft and related equipment from the U.S. under a potential $23 billion foreign military sales agreement. Lockheed Martin (NYSE: LMT) will serve as the principal contractor on the proposed deal, which includes 32 F-16C and ei...

In the age of manufacturing turbulence and ever-intensifying cybercrime, the U.S. Department of Defense is finding it more important than ever to tap into the resources of the private sector. The Pentagon issued its very first National Defense Industrial Strategy, or NDIS, earlier this month in a move to shape and bolster its relationship ...

Washington, D.C.-based Arlington Capital Partners has combined three businesses to form and unveil Keel, a new portfolio company focused on producing complex structures for U.S. defense programs, and closed its latest fund with $3.8 billion in total capital commitments. Keel is led by CEO Brian Carter, most recently chief executive of Pegasus Steel,...