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The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defen...

TYSONS CORNER, VA, Nov. 15, 2016 ” The Spanish defense ministry has deployed Polycom‘s (Nasdaq: PLCM) unified communications technology to support constant contact between the country’s defense and military headquarters, its armed forces and NATO, ExecutiveBiz reported Monday. The company said Nov. 3 its RealPresence Platform&n...

TYSONS CORNER, VA, Oct. 26, 2016 ” L-3 Communications (NYSE: LLL) will supply a joint common remote viewing terminal to the U.K. ministry of defense under a $23.2 million contract, ExecutiveBiz reported Tuesday. The company said Monday the terminal will work to support MoD’s effort to integrate the operations of its intelli...

TYSONS CORNER, VA, Oct. 4, 2016 ” A BAE Systems-led program that seeks to replace the British navy™s Vanguard-class submarines has received an estimated $1.7 billion in funds from the U.K. defense ministry, ExecutiveBiz reported Monday. The company said Saturday the Successor program funds serve to provide for four new subma...

AM General has received a $108.8 million contract modification from the U.S. Army to deliver an additional 433 Humvees to Afghanistan under a foreign military sales deal. The Defense Department said Tuesday it expects the company to finish work under the modification by Sept. 29, 2017. DoD added the full obligated amount&nbs...