Tag Archives: FMS

The State Department has cleared Finland’s request to procure 35 extended-range systems of Lockheed Martin‘s (NYSE: LMT) Guided Multiple Launch Rocket through a potential $91.2 million foreign military sales deal. Lockheed’s missile and fire control segment will be the principal contractor under the FMS agreement for 25 M30A2 ER GMLRS …

The State Department has approved a request by the Egyptian government to procure Raytheon Technologies-built (NYSE: RTX) Rolling Airframe Missiles for ship self-defense use through a potential $197 million foreign military sales deal. Egypt asked to procure as many as 168 RIM-116C RAM systems in Block 2 configuration, guided-missile round …

The State Department has cleared a potential $85 million foreign military sale of Raytheon Technologies-built (NYSE: RTX) Block IIIA Standard Missile-2 systems to support Chile's anti-air warfare arsenal.

The U.S. and the United Arab Emirates have signed an agreement for the UAE to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets and up to 18 drones, Reuters reported Thursday. The F-35s are part of a potential $23 billion deal that includes the procurement of high-tech weapons systems …

Lockheed Martin (NYSE: LMT) has received a five-year, $254.7M contract from the Missile Defense Agency to maintain two batteries for the United Arab Emirates’ Terminal High Altitude Area Defense system. The company’s space business will also manage logistics and associated product database, develop software, provide training, conduct field surveillance, repair …

R. Clarke Cooper, assistant secretary of state for political-military affairs, said the U.S. government is expected to sign a potential $23.37B deal for the sale of Lockheed Martin-built (NYSE: LMT) F-35 fighter jets, drones and other weapons systems to the United Arab Emirates before the Trump administration ends, Defense News …

The State Department has approved Kuwait’s request to buy Boeing-built (NYSE: BA) AH-64E Apache helicopters, related equipment and services under a potential $4B foreign military sales agreement.

The State Department has approved a potential $104M foreign military sale to Egypt of one Northrop Grumman-built (NYSE: NOC) system for protecting aircrews from incoming infrared threats. The Egyptian government asked to buy an AN/AAQ-24(V)N Large Aircraft Infrared Countermeasures system for integration onto the country's head-of-state airplane, the Defense Security Cooperation Agency said Tuesday.

The State Department has cleared Saudi Arabia’s request to procure 3K GBU-39 Small Diameter Bomb I munitions produced by Boeing (NYSE: BA), associated equipment and support services from the U.S. government through a potential $290M foreign military sales deal.

Vectrus (NYSE: VEC) has agreed to acquire technology services provider Zenetex for approximately $112M as part of efforts to advance its converged infrastructure strategy and expand its customer base with the addition of new intelligence, defense and foreign military sales clients. "Zenetex broadens our reach into the Intelligence Community and expands our engineering and digital technology offerings, which is critical as we expand our capabilities to help our clients' transition to a more instrumented and converged approach to supply chain and facility management,” said Chuck Prow, president and CEO of Vectrus and a 2020 Wash100 award winner.