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Tag Archives: aircraft modernization

Report: Greece Greenlights $1.45B F-16 Aircraft Modernization

Greece’s government council for foreign affairs and defense has approved a plan to buy F-16 aircraft upgrade services from the U.S. through a potential $1.45 billion contract, Reuters reported Saturday. Reuters cites a defense ministry official that says 82 Greek fighter jets will undergo refurbishment within the country and three …

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Elbit Systems Secures $93M F-5 Aircraft Upgrade Contract From APAC Customer

Elbit Systems has received a potential three-year, $93 million contract to modernize a fleet of F-5 fighter aircraft for an undisclosed Asia-Pacific country. The company said Tuesday the upgrade will cover head-up displays, advanced cockpit, radars, DASH IV head mounted systems and weapon delivery and navigation systems. Yoram Shmuely, general manager of …

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Lockheed Awarded $142M FMS Contract for Greece P-3B Aircraft Upgrade Services

Lockheed Martin (NYSE: LMT) has received a three-year, $141.9 million foreign military sales contract from the U.S. Navy to perform reactivation and modernization work on P-3B maritime patrol aircraft for Greece. The Defense Department said Thursday that Lockheed’s aeronautics segment will restore one P-3B and obtain hardware kits needed to overhaul …

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Report: Air Force Plans $4B Global Hawk Modernization Contract for Northrop

Northrop Grumman (NYSE: NOC) could receive around $4 billion in contract funds to perform upgrade and sustainment work on the U.S. Air Force‘s RQ-4 Global Hawk unmanned aircraft systems, Flightglobal reported Tuesday. Citing a FedBizOpps notice,  James Drew writes the Air Force plans to award the Global Hawk modernization project to Northrop …

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Northrop, Boeing-Lockheed Bid on Potential $55B USAF Long-Range Bomber Contract

Northrop Grumman (NYSE: NOC) and the Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) team are bidding on a potential $55 billion U.S. Air Force contract to build next-generation long-range strike bomber aircraft, The Motley Fool reported Sunday. Katie Spence writes that these companies are the main contenders to build …

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