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Tag Archives: Belgium

Spirit AeroSystems Inks $650M Cash Deal for Asco’s Parent Company

Spirit AeroSystems (NYSE: SPR) has agreed to buy Asco Industries’ Belgium-based parent company, S.R.I.F., for approximately $650 million in cash. Wichita, Kan.-based Spirit said Wednesday it expects to use new debt to fund the transaction that is scheduled to conclude in the second half of 2018, pending regulatory clearances and …

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State Dept Clears $6.53B Lockheed-Built F-35A Aircraft Sale to Belgium

The State Department has approved Belgium’s request to buy 34 Lockheed Martin-built (NYSE: LMT) F-35A conventional take-off and landing fighter aircraft from the U.S. government under a potential $6.53 billion foreign military sales agreement. Lockheed and United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary will serve as prime contractors in …

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Raytheon Gets Additional $83M Contract Funds for AIM-9X Block II Missile Production

Raytheon (NYSE: RTN) has received an $82.8 million contract modification to produce AIM-9X Block II missile systems for the U.S. Navy and the U.S. Air Force as well as the governments of Poland, Indonesia, Romania and Belgium. The modification was awarded by the Navy and covers the full-rate production of 180 lot 17 AIM-9X all-up-round missiles, 19 …

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Air Force F-35A Fighter Jet to Head to Paris Air Show

The Air Force’s F-35A fighter jet will fly at the Paris Air Show in June, although earlier statements from the F-35 Joint Program Office said that the Lockheed Martin fighter jet would not be at the event, The Hill reports. “The F-35A strengthens partnerships and improves regional stability,” Air Force Chief of Staff …

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Navy Awards Raytheon $79M Sidewinder Block II Sustainment Contract Modification

Raytheon‘s (NYSE: RTN) missile systems business has received a $78.7 million contract modification to provide sustainment and support services for AIM-9X Sidewinder Block II missiles of the U.S. Navy and the U.S. Air Force as well as 20 government clients under the Foreign Military Sales program. The Defense Department said Friday the modification covers repair, depot management, software …

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Raytheon Awarded $200M to Produce Additional Sidewinder Missiles for US, Intl Clients

Raytheon (NYSE: RTN) has landed a three-year, $199.8 million contract modification from the U.S. Navy for the full-rate production of lot 17 AIM-9X Sidewinder tactical missiles. The Defense Department said Friday the company will also produce AIM-9X Block II captive air training missiles, all-up-round containers, spare advanced optical target detectors, captive air training missile guidance …

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General Dynamics Unit Gets Potential $140M Deal for NATO IT Modernization

General Dynamics‘ (NYSE: GD) information technology business will deploy a cloud-based platform to update NATO’s IT infrastructure under a potential five-year, $140 million contract from the NATO Communications and Information Agency. The company said Thursday General Dynamics Information Technology will work to facilitate IT modernization at NATO in efforts to drive …

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Lockheed Martin Eyes Belgium, Spain & Switzerland as Potential F-35 Buyers

TYSONS CORNER, VA, March 7, 2017 — Lockheed Martin (NYSE: LMT) is in talks with Belgium, Spain and Switzerland for the countries’ potential purchase of F-35 fighter aircraft, ExecutiveBiz reported Monday. Defense World reported Friday Jeff Babione, executive vice president and general manager of Lockheed’s F-35 program, told reporters at the Avalon …

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Air Force Orders $99M in Lockheed Targeting Pods for 10 Foreign Govt Clients

Lockheed Martin (NYSE: LMT) has received $99 million in delivery orders to provide Sniper Advanced Targeting Pods, spares and upgrade services to Belgium, Norway, Pakistan, Poland, Romania, Saudi Arabia, Taiwan, Thailand,  Turkey and the Netherlands through the foreign military sales program. The orders come under a potential $485 million indefinite-delivery/indefinite-quantity contract the U.S. Air Force  awarded to Lockheed’s missiles …

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Boeing Awarded $358M Navy IDIQ for Precision Laser Guided Sets

Boeing (NYSE: BA) has received a $357.8 million indefinite-delivery/indefinite-quantity contract to produce precision laser guided sets for the U.S. Navy, U.S. Air Force and foreign military sales clients. The company will build the fourth to eighth batches of the DSU-38 A/B munition systems and deliver the sets to the United Arab …

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