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The State Department has approved South Korea’s request to procure Lockheed Martin-manufactured (NYSE: LMT) fighter jets and Pratt & Whitney-built engines from the U.S. government under a potential $5.06 billion foreign military sales agreement. The potential FMS deal includes 25 F-35 conventional take-off and landing aircraft and up to 26...
John Hillen, former CEO of government technology services contractor EverWatch and a GovCon industry veteran, has joined the advisory board of investment firm Enlightenment Capital. He will bring to the advisory board his decades of military, intelligence and national security experience and help explore new opportunities for the investment firm’s...
The State Department has approved a potential $4 billion foreign military sale of Patriot Configuration-3+ equipped with the Integrated Air and Missile Defense Battle Command System and related equipment to the government of Poland. Northrop Grumman (NYSE: NOC) will serve as the principal contractor on the possible deal that covers the provision of ...
Bulgaria has secured U.S. State Department approval to procure 183 General Dynamics-built (NYSE: GD) Stryker armored fighting vehicles under a potential $1.5 billion foreign military sales agreement. General Dynamics Land Systems will serve as the principal contractor on the proposed FMS deal that includes infantry carrier vehicles; ICV – Drag...
The State Department has cleared a potential $500 million foreign military sale to Taiwan of F-16 infrared search and track systems, produced by Lockheed Martin (NYSE: LMT) and related equipment through a government-to-government transaction. Taiwan’s economic and cultural representative office asked to procure IRST systems, integration and te...
Hank Tucker, a nearly 13-year Lockheed Martin (NYSE: LMT) veteran, has started a new role as vice president for mission systems at the company’s missiles and fire control business. He announced his new post Monday on LinkedIn and will also hold the sensors and global sustainment deputy title. “I will be responsible for strategy and...
Poland has requested to purchase 96 AH-64E Apache Helicopters and related equipment from the U.S. government under a potential $12 billion foreign military sale deal cleared by the State Department. Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will serve as principal contractors on the proposed transaction that would include aircraft engines, n...
The State Department has approved Australia’s request to procure up to 22 M142 High Mobility Artillery Rocket System launchers and related equipment from the U.S. government under a potential $975 million foreign military sale agreement. The proposed FMS transaction includes unitary and alternative warhead missile pods for the Guided Multiple ...
Lockheed Martin (NYSE: LMT) will provide F-35 Joint Strike Fighter program management, nonrecurring requirements and training support for the government of Germany under a potential $622.4 million contract with the U.S. Navy. Work on the cost-plus-fixed-fee contract will occur in Texas, Florida and South Carolina through December 2027, the Departmen...
The State Department has approved Finland’s request to purchase Multiple Launch Rocket Systems with an updated configuration and related equipment from the U.S. government under a potential $395 million foreign military sale deal. Finland has requested services to modernize its M270A1 MLRS fleet into the M270A2 model to enhance interoper...
