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Textron‘s (NYSE: TXT) Bell subsidiary will possibly provide aircraft maintenance and logistics support services to the Iraqi government under a potential $300 million foreign military sales agreement approved by the State Department. The services will add to a previously awarded FMS deal worth $28 million and support three Bell 407 variants, 2...

The State Department has approved the U.K. government’s request to procure Lockheed Martin-built (NYSE: LMT) joint air-to-ground missiles from the U.S. government under a potential $957.4 million foreign military sales agreement. The British government has asked to buy 3,000 AGM-179A JAGM along with dummy missiles, publications, technical assi...

Laura Taylor-Kale, assistant secretary of defense for industrial base policy, said the Department of Defense plans to issue a national strategy to guide the modernization of the U.S. industrial base, DOD News reported Friday. According to Taylor-Kale, the National Defense Industrial Strategy is scheduled for release in December and will focus on cre...

Radiance Technologies has promoted Darien Hammett to the role of executive vice president of defense, responsible for ensuring that the sector continues to align with the company’s growth strategy and deliver value to military customers. The Huntsville, Alabama-based contractor said Thursday Hammett previously led Radiance’s space group ...

The State Department has approved the Spanish government’s request to buy Patriot missile systems and related equipment from the U.S. government under a potential $2.8 billion foreign military sales agreement. Spain has requested to procure four Patriot Configuration-3+ modernized fire units consisting of radar sets, launching stations, engage...

Virginia, Texas and California emerged as the top three states for total defense spending in fiscal year 2022, according to a report released by the Department of Defense’s office of local defense community cooperation. Florida, New York, Maryland, Connecticut, Pennsylvania, Massachusetts and Arizona are the other seven states that made the to...

Aerospace is combining its space and defense systems business segments into a single organization to align its end-to-end operations with the structure and strategic direction of its Department of Defense customers. Marty Whelan, senior vice president of the defense systems group since 2018, will lead the integrated business unit, which will unify t...

The State Department has approved Saudi Arabia’s request to procure combat vehicle fleet services from the U.S. government for $500 million as part of a Cooperative Logistics Supply Support Arrangement program, Foreign Military Sales Order II. The potential deal covers the provision of common spares and repair parts for the Saudi Arabian army&...