The State Department has approved Japan™s request to procure Standard Missile-2 Block IIIB missiles and related support from the U.S. government under a potential $821 million foreign military sales agreement. Raytheon (NYSE: RTN) and BAE Systems‘ U.S. subsidiary will serve as principal contractors for the FMS sale that covers 2...
The State Department has approved a potential $785 million foreign military sale of munitions and related sustainment and support services to the United Arab Emirates. The Defense Security Cooperation Agency said Tuesday the deal covers GBU-10 guidance kits with Mk-84/BLU-117 bombs, GBU-12 kits with Mk-82/BLU-111 bombs, GBU-31V1 kits ...
A joint venture of Boeing (NYSE: BA) and Bell Helicopter has received a four-year, $544.6 million contract modification from the U.S. Navy to manufacture and deliver four MV-22 Osprey multirole tiltrotor aircraft to Japan under the foreign military sales program. The Bell-Boeing Joint Program Office will also obtain long-lead materials needed t...
Lockheed Martin (NYSE: LMT) has been awarded a $241.8 million contract modification by the U.S. Navy to procure diminishing manufacturing sources electronic parts for F-35 production facilities in the U.S. and abroad. The Defense Department said Tuesday work under the modification will support F-35 production through the fighter ...
Boeing (NYSE:BA) has secured a $100.4 million contract modification from the U.S. Navy to provide long-lead parts and support services for the production of four Lot 8 P-8A maritime patrol aircraft for Australia. The Defense Department said Tuesday the contract falls under a cooperative engagement agreement and work is ...
Executive Mosaic’s GovCon Index scored a gain in choppy trade Tuesday on help from defense prime stocks such as Lockheed Martin (NYSE: LMT), which posted second quarter earnings and sales above analyst expectations but issued some caution to analysts on future earnings and the F-35 program. The GovCon Index closed up 81.865 points to 0.27...
TYSONS CORNER, VA, July 19, 2016 ” BAE Systems has received a $9.4 million contract from the U.S. Air Force to develop and integrate a machine learning tool that works to support space situational awareness efforts, ExecutiveBiz reported Monday. The Defense Department said Friday BAE Systems Inc. will also utilize analytics,...
Lockheed Martin (NYSE: LMT) lifted full-year earnings and revenue guidance Tuesday and exceeded analysts’ second quarter estimates for both figures on sales from the Sikorsky helicopter business acquired in November as negotiations between the company and U.S. government continue on the next two F-35 fighter jet batches. Bethesd...
The top uniformed officer over the U.S. government’s foreign military sales program will keynote an Aug. 3 breakfast forum hosted by Executive Mosaic’s Potomac Officers Club in Falls Church, Virginia to discuss the global arms trade’s current environment and the role of domestic industry in efforts to help defense agencies sup...
Hudson Technologies has won a potential 10-year, $148.5 million indefinite-deliver/indefinite-quantity contract from the Defense Logistics Agency to provide compressed gas and cylinder products to U.S. military and federal civilian agencies. The Defense Department said Monday the contract’s base period is slated to run through&n...
