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Tag Archives: F-16

Lockheed Preps F-16 Block 70 Production at New Plant in Greenville, SC; Michele Evans Quoted

TYSONS CORNER, VA, May 6, 2019 — Lockheed Martin (NYSE: LMT) established a new production line for the F-16 Fighting Falcon aircraft last month in South Carolina as it seeks to use the refurbished hangar as manufacturing base for the F-16 Block 70 later in the year, ExecutiveBiz reported April …

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McAleese and Associates: CFO Kenneth Possenriede on Lockheed’s 2019 Priorities

McAleese and Associates has released a report on Lockheed Martin’s (NYSE: LMT) 2019 priorities as discussed by Chief Financial Officer Kenneth Possenriede at a JP Morgan conference on Thursday. Some of the priorities mentioned include the F-35 fighter aircraft program; missiles and fire control sector; hypersonics; and the restart of …

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Raytheon Awarded $434M Sidewinder Block II Production Contract Modification

Raytheon (NYSE: RTN) has received a potential $434.4M contract modification to produce and deliver lot 18 AIM-9X Sidewinder Block II missiles for the U.S. Navy, U.S. Air Force and seven foreign military sales clients. The modification covers the production of AIM-9X Block II all-up round tactical missiles, captive and special air training …

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Air Force Names L3 Prime Contractor for F-16 Pilot Training Program; Christopher Kubasik Quoted

L3 Technologies (NYSE: LLL) has secured a potential $350M contract to help the U.S. Air Force train the military service’s F-16 pilots. The company said Tuesday it will serve as the prime contractor on the F-16 Simulators Training Program that consolidates previous weapons and tactics, trainer advanced sustainment and training system and mission …

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Aero-Glen International to Provide Air Force With F-16 Life Extension Program Kits Under $403M IDIQ

Aero-Glen International has received a $403 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract to provide life extension program kits for the U.S. Air Force’s F-16 fleet in support of the F-16 Systems Program Office at Hill AFB, Utah. Work will commence at the Dallas/Fort Worth International Airport in Texas. The project is expected …

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Lockheed Martin’s Michele Evans Appointed Deputy EVP for Aeronautics BU; Orlando Carvalho Comments

Bethesda, Md.-based firm Lockheed Martin (NYSE: LMT) has promoted Michele Evans, an executive at its rotary and mission systems unit, to serve as the company’s deputy executive vice president for the aeronautics division starting June 4. The aerospace and defense company said Monday Evans will oversee several initiatives such as the …

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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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State Dept OKs $180M in F-16 Training Support, Precision Guided Kit Requests From Netherlands

The State Department has approved two foreign military sales agreements worth approximately $180 million combined for the Dutch government to buy from the U.S. government M1156 precision guided kits as well as defense services and articles in support of its air force’s F-16 training unit. The Netherlands requested to purchase …

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State Dept Clears Potential $2.91B F-16 Aircraft Sale to Slovakia

The State Department has approved Slovakia’s request to buy 14 F-16 Block 70/72 V configuration aircraft and related equipment and services from the U.S. government through a potential $2.91 billion foreign military sales agreement. Lockheed Martin (NYSE: LMT) will act as the prime contractor in the proposed deal in support of Slovakia’s …

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