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Tag Archives: foreign military sales

UTC Subsidiary to Provide F-35 Propulsion System Services Under $310M Navy Contract

A United Technologies Corp. (NYSE: UTX) subsidiary has secured a $309.8 million contract from the U.S. Navy to provide propulsion system services in support of the F-35 Joint Strike Fighter program. The Defense Department said Wednesday that Pratt & Whitney will supply hardware, training course materials and equipment for the F-35 aircraft of the Navy, Air Force, Marine Corps, …

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Lockheed, Raytheon CEOs Highlight Intl Sales Environment Amid Oil Price Headwinds & Incoming Trump Administration

The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defense. Both CEOs told …

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American Systems Extends IT, Managed Hosting Support for DSCA FMS Platform; Peter Smith Comments

TYSONS CORNER, VA, Nov. 30, 2016 — American Systems will continue to deliver managed hosting and information technology services for the Defense Security Cooperation Agency‘s Security Cooperation Enterprise Solution under a five-year, $36.6 million task order,  ExecutiveBiz reported Tuesday. The company said Monday it will provide foreign military sales application hosting, end …

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State Dept Clears $200M Poland Request for Lockheed Air-to-Surface Missiles

The State Department has approved a potential $200 million foreign military sale of Lockheed Martin-built (NYSE: LMT) Joint Air-to-Surface Standoff Missile Extended Range systems,  equipment and training services to Poland. Poland ordered 70 units of AGM-158B JASSM-ER, two flight test vehicles, two mass simulant vehicles, one flight test vehicle and three separation test vehicles, …

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Lockheed to Modernize South Korea F-16s Under $1.2B USAF Foreign Sales Deal

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential nine-year, $1.20 billion contract to support modernization of South Korea’s fleet of F-16 Fighting Falcon jets. Lockheed will perform the F-16 upgrades as part of a foreign military sales agreement between the governments of the U.S. and South Korea, …

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Harris Lands Potential $91M IDIQ to Produce Airborne EW Tech for Multiple Intl Defense Clients

Harris (NYSE: HRS) has received a potential three-year,  $91 million contract from the U.S. Air Force to build electronic warfare systems for multiple foreign military sales customers. The Defense Department said Friday the contract covers the production of AN/ALQ-211(V)4/8/9 Advanced Integrated Defensive Electronic Warfare Suite systems, software, and associated support equipment for international …

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State Dept Clears Potential $21B F-15 Sale to Qatar

The State Department has approved Qatar’s request to buy 72 Boeing (NYSE: BA) F-15 aircraft, weapons, related support, equipment and training services under a potential $21.1 billion foreign military sales agreement. The Defense Security Cooperation Agency said Thursday the agreement aims to support political stability and economic growth in the Persian Gulf region, as …

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India Looks to Acquire General Atomics-Built Predator B Guardian Drone, Electromagnetic Aircraft Launch System

TYSONS CORNER, VA, Nov. 16, 2016 — The Indian navy has expressed an intent to acquire the General Atomics-built Predator B Guardian surveillance drone and electromagnetic aircraft launch system, ExecutiveBiz reported Tuesday. The Indian Express reported Aug. 1 that India has sent letters of request to the Defense Department to procure 22 …

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Pratt & Whitney Awarded $168M Contract for Lot 11 F-35 Propulsion System Components

United Technologies Corp.‘s (NYSE: UTX) Pratt & Whitney subsidiary has received a $167.5 million contract to fund long-lead engine materials needed for the low-rate initial production of lot 11 F-35s. Pratt & Whitney will supply 48 F135-PW-100 fighter engines for the U.S. Air Force, four F135-PW-100s for the U.S. Navy and 14 F135-PW-600s for the …

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Raytheon Gets $178M Modification on Navy Evolved Seasparrow Missile Production Contract

The U.S. Navy has awarded Raytheon (NYSE: RTN) a $177.9 million contract modification to fund the production of Evolved Seasparrow Missiles Block 1 for fiscal years 2016 and 2017. Raytheon’s missile systems business will provide 186 all up rounds, inert operation missiles, spare components and shipping containers under the modification, the Defense Department said Friday. DoD added the …

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