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Tag Archives: Foreign Military Sale

Lockheed to Produce Targeting, Pilotage Systems for Qatar; Mike Taylor Comments

Lockheed Martin (NYSE: LMT) will supply Qatar’s air force with Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor systems under a $90.6 million foreign military sale through the U.S. Army‘s Lot 9 contract. The company said Monday it will provide M-TADS/PNVS systems and spares for Qatar’s AH-64E Apache helicopters to help bolster nighttime pilotage and …

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State Dept OKs US’ $500M Lockheed P-3B Aircraft Overhaul Agreement With Greece

Greece has agreed to purchase $500 million in overhaul and upgrade services from the U.S. government under a foreign military sales agreement, which Lockheed Martin Aeronautics Co. is the prime contractor for. The deal covers work to modify two Lockheed P-3B aircraft and upgrade five P-3B aircraft, the Defense Security Cooperation Agency said Tuesday. Greece’s …

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Saudi Arabia Plans $2B Patriot Missile Purchase; Lockheed, Raytheon Prime Contractors

The State Department has approved Saudi Arabia’s request to purchase a Patriot Air Defense System from the U.S. government under a potential $1.75 billion foreign military sales agreement. The system consists of a set of Patriot Advanced Capability-3 missiles and associated parts and equipment, as well as personnel training and logistics and …

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DRS, Laurel Technologies JV to Produce Tech Insertion Hardware for Navy Submarines

A DRS Technologies and Laurel Technologies joint venture will develop,  integrate and manufacture technology insertion hardware for the combat control and sonar systems of U.S. Navy submarines under a new $171.1 million indefinite-delivery/indefinite-quantity contract. The Defense Department said Monday that DRS Laurel Technologies‘ TIH will be installed on new Virginia-class submarines and upgrade the current systems on SSN 688i, …

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State Department OKs $2.5B Ambush-Protected Vehicles Sale to UAE

The State Department has approved a foreign military sale of mine-resistant ambush-protected vehicles and related support services totaling $2.5 billion to the United Arab Emirates. The UAE government wants to purchase modified MRAP vehicles,  MaxxPro LWB chassis, Expedient Armor Program capsules without armor,  MRAP recovery vehicles,  Caiman multiterrain vehicles without armor and MRAP all-terrain vehicles from …

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Navy Orders $251M in Raytheon Tomahawks for US, UK Forces

Raytheon (NYSE: RTN) will deliver a total of 231 Tomahawk Block IV All-Up-Round missiles by August 2016 to the U.S. Navy under a $251.1 million contract. The Defense Department said Wednesday the company will provide 147 vertical launch systems and 64 capsule launch systems to the U.S. Navy for $224.5 million. A $26.6 million foreign …

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South Korea to Buy 40 Lockheed F-35 Jets for $7B, Acquire Jet Production Tech

South Korea will acquire 40 Lockheed Martin (NYSE: LMT) F-35A aircraft and receive fighter jet production technologies from the company under a $7.04 billion deal with the U.S. government, the Yonhap News Agency reported Wednesday. The new planes will replace the country’s old fleet of F-4 and F-5 jets and the F-35s will cost around $115.3 million …

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State Dept OKs Poland’s $500M Buy of Lockheed Missiles, F-16 Flight Plan Updates

Poland has asked to buy at least 40 Lockheed Martin (NYSE: LMT) Joint Air-to-Surface Standoff Missiles and F-16 operational flight plan support services from the U.S. under a potential $500 million foreign military sale approved by the State Department. The Defense Security Cooperation Agency said Friday that the company could also supply two live and two inert AGM-158A JASSMs with test …

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Ralph Acaba: Raytheon Awarded $109M for Patriot Missile Engineering

Raytheon (NYSE: RTN) has been awarded a $109 million contract for engineering and support work on the Patriot air and missile defense systems. The company said Wednesday it will provide Patriot system analysis, testing, software development and logistics services to the U.S. Army and foreign military sale customers. “Customers around the world …

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Report: US, South Korea Discuss BAE F-16 Upgrade Contract’s 2nd Phase

BAE Systems could receive $1 billion of work to upgrade 134 South Korea’s F-16 fighter jets as the U.S. and South Korean governments work to finalize the second phase of of a foreign military sales contract between both companies, Reuters reported Friday. Andrea Shalal writes that the U.S. Air Force wants to finalize the pricing …

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