Tag Archives: Foreign Military Sale

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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Boeing to Deliver Aircraft Components, Spares to Saudi Arabia for $235M

Boeing (NYSE: BA) will provide long-lead items ahead of the assembly and delivery of 24 AH-6i aircraft and associated ground support equipment and spare parts as part of a $234.7 million foreign military sale to Saudi Arabia. The Defense Department said Friday the contract work will be done in Mesa, Arizona,  through the …

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DSCA Details Potential $1B in Missile, Helicopter Service Deals for Iraq

The State Department has approved two foreign military sales agreements with Iraq worth more than $1 billion combined that cover Lockheed Martin-built (NYSE: LMT) defense equipment and logistics support for the country’s rotorcraft from Bell Helicopter. The Defense Security Cooperation Agency said Tuesday that Iraq has asked to buy 5, 000 Lockheed-made AGM-114K/N/R Hellfire missiles, other parts and …

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General Dynamics Wins $65M Contract Modification for Iraq M1A1 Abrams Support

The General Dynamics (NYSE: GD) Land Systems business has won a $65.3 million contract modification from the U.S. Army to provide support services for Iraq’s M1A1 Abrams tanks. The Defense Department posted Thursday that the Foreign Military Sale includes specialized training and contractor logistics and base life support. The contract, awarded through the Army …

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US, India Reach $200M Boeing Harpoon Missiles Sale Deal

India’s government will purchase Boeing-built (NYSE: BA) missile systems and related equipment under a $200 million foreign military sale transaction approved by the U.S. State Department. The Defense Security Cooperation Agency said Tuesday the deal covers procurement of 12 UGM-84L Harpoon Block II missiles, 10 UTM-84L missile trainers, two certification …

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Brazil Requests $241M BAE Artillery, Manned Vehicle Kits Sale

Brazil’s government has requested to acquire BAE Systems-built armored carrier and howitzer cannon modification kits under two U.S. foreign military sales agreements worth $241 million combined. The Brazilian army is buying $130 million in kits intended to modernize the nation’s fleet of 434 armored personnel carriers, the Defense Security Cooperation …

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Allan McArtor: Airbus Eyes Cyber Acquisitions, Growth Opportunities Abroad

Allan McArtor, CEO of Airbus‘ North American subsidiary said the company is looking to drive business growth through overseas opportunities and cyber acquisitions, Defense News reported Sunday. Paul McLeary writes the company will market its Lakota trainer helicopter to foreign governments seeking to replace their legacy fleets. McCartor became CEO …

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