Lithuania has requested to buy Lockheed Martin-built (NYSE: LMT) multiple launch rocket systems and associated equipment from the U.S. government under a $495 million foreign military sales agreement approved by the State Department. The proposed FMS deal includes eight M142 High Mobility Artillery Rocket System launchers, missile and rocket pods, b...
The State Department has approved Oman’s request to buy from the U.S. government up to 48 AGM-154C Joint Standoff Weapon systems, related equipment and support services under a potential $385 million foreign military sales agreement. Raytheon Technologies’ (NYSE: RTX) missiles and defense business will serve as the principal contractor in the pr...
Kathleen Hicks, deputy secretary of the Department of Defense and a 2022 Wash100 Award recipient, spoke with leaders of eight large primes to discuss strategic priorities for the Pentagon and business challenges facing the industry. DOD said Tuesday executives at BAE Systems, Boeing (NYSE: BA), General Dynamics (NYSE: GD), HII (NYSE: HII), L3Harris ...
The State Department has approved a potential $380 million sale of advanced medium-range air-to-air missiles, produced by Raytheon Technologies (NYSE: RTX), and related equipment to the government of Belgium. Raytheon’s missile systems division will serve as the principal contractor on the proposed foreign military sales agreement, which cover...
The State Department has cleared Australia’s request to procure from the U.S. government two dozen military transport aircraft built by Lockheed Martin (NYSE: LMT) and related equipment under a potential $6.35 billion foreign military sales deal. The Australian government asked to buy 24 C-130J-30, the stretch variant of Lockheed’s Hercu...
The State Department approved a potential $535 million foreign military sales request from Finland for guided multiple launch rocket systems and supporting equipment. Lockheed Martin‘s (NYSE: LMT) missiles and fire control business will serve as the prime contractor for the proposed sale, the Defense Security Cooperation Agency said Wednesday....
Over the last few years, modernization in the federal government has shifted from a helpful yet optional initiative to a necessary and critical component of defense, intelligence and national security missions, among others. As federal leaders adopt new technologies, methodologies and practices to stay ahead of the curve, they’re also discovering ...
Since the close of William LaPlante’s service as assistant secretary of the Air Force for Acquisition, Technology and Logistics in 2017, he has noticed a significant and much-needed increase in the amount of prototyping and experimentation activity within the Department of Defense. Now, LaPlante, a 2022 Wash100 Award winner, has re...
TYSONS CORNER, VA, Oct. 24, 2022 — Verizon (NYSE: VZ) has secured a $1.58 billion task order from the State Department to modernize technology and network infrastructure at U.S. embassies across the globe over a 10-year period, ExecutiveBiz reported. The Enterprise Infrastructure Solutions award also covers information technology services such as ...
Lockheed Martin (NYSE: LMT) will serve as the principal contractor on a State Department-cleared $162 million foreign military sale of sustainment items and services for Australia’s fleet of MH-60R submarine hunter and anti-surface warfare helicopters. The proposed sale will add pieces of non-major defense equipment to a previously awarded FMS...
