The State Department approved a proposed sale of 155mm M107 hollow forged steel artillery projectiles and related equipment to the government of Israel for an estimated $147.5 million. The Defense Security Cooperation Agency said Friday it notified Congress of the deal, which amends a previous order of 4,792 rounds of ammunition valued at $96.5 mill...
The State Department has approved NATO’s request to purchase contractor logistics support services to help alliance members maintain and sustain their C-17 military transport aircraft fleet under a potential $150 million foreign military sale agreement. Boeing (NYSE: BA) will serve as the principal contractor on the proposed FMS deal that cove...
The State Department approved a proposed $780 million sale of FIM-92K Stinger Block I missiles to NATO. The Defense Security Cooperation Agency said Friday that Lockheed Martin (NYSE: LMT) and RTX (NYSE: RTX) will be the lead contractors for the deal, which will support countries such as Germany, Italy and the Netherlands. NATO’s Support and...
The Defense Security Cooperation Agency has notified Congress of a proposed $1 billion military training contract extension with the government of Saudi Arabia. The move was announced Friday following the State Department’s approval of the foreign military sale, which will require deploying 339 U.S. government or third-party personnel to Saudi...
Mr. Jay Dryer is the closing keynote for the 10th Annual Defense Research and Defense Summit on January 31, 2024. Register for the annual summit, organized by the Potomac Officers Club, to learn about the SCO’s development of cutting-edge technologies to strengthen the defense landscape. Catch Jay Dryer’s Keynote for the 10th Annu...
Geopolitical tensions and developments are shaping the defense technology landscape, and the Pentagon is adapting its priorities to meet emerging and increasingly urgent warfighter needs. As adversarial activity rises, United States defense officials are focusing on these five areas, among others, to advance the country’s technological capabilitie...
The State Department has approved a potential $400 million foreign military sale of high mobility artillery rocket system launchers and related equipment to the government of Italy. Lockheed Martin (NYSE: LMT) will serve as the principal contractor on the proposed FMS deal that includes the provision of 21 M142 HIMARS launchers and one M31A2 high-ex...
The State Department has approved a possible $1.95 billion sale of UH-60M Black Hawk helicopters to the government of Greece. Lockheed Martin (NYSE: LMT) subsidiary Sikorsky will complete the order as lead contractor, the Defense Security Cooperation Agency said Friday. The foreign military sale includes 35 Black Hawk helicopters as well as their co...
The Senate on Wednesday voted 87-13 to pass a defense policy bill that would authorize a total of $883.7 billion in fiscal year 2024 funding for national defense. The FY 2024 National Defense Authorization Act would authorize $841.4 billion for the Department of Defense, $32.4 billion for the Department of Energy’s national security programs a...
The State Department has approved a potential $255 million foreign military sale of L3Harris Technologies-built (NYSE: LHX) communications equipment to the government of Poland. The Defense Security Cooperation Agency said Wednesday L3Harris will serve as the principal contractor on the transaction, which covers the provision of multiband, multichan...
