Tag Archives: Germany

Raytheon Lands $213M Army Patriot Engineering Contract Modification

Raytheon (NYSE: RTN) has received a $212.7 million contract modification to provide engineering services for the U.S. Army’s Patriot program. The company will also provide Patriot support to foreign military sales clients such as Germany, Greece, Israel, Japan, Kuwait, Qatar, Saudi Arabia, Spain, South Korea, Taiwan, the Netherlands and the United …

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Germany to Choose Between Boeing, Lockheed-Sikorsky Choppers to Replace Old Fleet

TYSONS CORNER, VA, January 26, 2016 — Boeing‘s (NYSE: BA) Chinook helicopter and the Sikorsky-built King Stallion helicopter by Lockheed Martin (NYSE: LMT) have been shortlisted by Germany as the potential replacement for its current Sea Stallion fleet, ExecutiveBiz reported Monday. Defense News reported Monday that Germany seeks to replace its CH-53 heavy-lift …

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NAVSEA Awards Raytheon $143M Airframe Missile Production, Testing Contract

Raytheon (NYSE: RTN) has been awarded a potential two-year $142.8 million contract to build missiles for the U.S. Navy to defend ships from adversarial missiles, aircraft and surface vehicles. The Defense Department said Tuesday the company will produce, assemble, test and deliver Rolling Airframe Missile Block 2 guided missile round packs to …

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Report: Cisco Eyeing German, British Tech Partnerships

TYSONS CORNER, VA July 6, 2015 — ExecutiveBiz reported Thursday on Cisco Systems (Nasdaq: CSCO) engaging in talks with Germany and the U.K. over potential technology partnerships that would focus on engineer training, network equipment testing and startup investments. Bloomberg cited Wednesday unnamed persons familiar with the negotiations as saying the …

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Reports: Germany to Purchase MEADS Missile Defense System for $4B

Germany has placed a potential $4.5 billion order for the Medium Extended Air Defense System made by Lockheed Martin (NYSE: LMT) and MBDA as part of efforts to update country’s missile defense system, Syracuse.com reported Monday. Mark Weiner writes that Lockheed’s plant in the Salina suburb of Syracuse, New York holds a $625 million share …

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October 7 End of Day Report: GovconIndex Down on Global Concerns

The GovConIndex fell to 63.713 — down 0.821, or 1.306 percent. The U.S. stock market responded negatively to concerns over an ailing global economy and weak data from Germany. German industrial output slid 4 percent in August, the biggest fall in five-and-a-half years. The Executive Mosaic GovConIndex is a composite index that tracks 30 of the largest …

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Germany, US Ink $250M Foreign Sales Deal for Orion Computer Equipment

The U.S. State Department has approved a proposed $250 million foreign military sales agreement with Germany, where the U.S. would provide hardware and software for eight Lockheed Martin-built (NYSE: LMT) P-3C aircraft owned by Germany. Lockheed and General Dynamics (NYSE: GD) are the prime contractors for the sales deal, through …

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Raytheon Wins $155M to Build Self-Defense Missiles; Taylor Lawrence Comments

Raytheon (NYSE: RTN) has won a $155.6 million contract to produce missiles for defending against anti-ship cruise missiles and adversarial helicopters. The company will manufacture the Block 2 Rolling Airframe Missiles under a cooperative program between the U.S. and German governments, Raytheon said Monday. RAMSYS of Germany will jointly produce …

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CAE Wins $90M in Training Support, Flight Equipment Work; Gene Colabatistto Comments

CAE has won approximately $87.7 million in contracts to provide training support services, update flight trainers and help maintain military flight simulation equipment for military customers. The modeling and simulation company won the contracts during the first two months of the fourth quarter for its 2013 fiscal year, the company …

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Report: France, Germany Talking New EADS Structure

Officials from France and Germany met with EADS and Daimler representatives in Paris over the weekend to discuss a new shareholder structure for EADS, according to Reuters. Citing German newspaper Allgemeine Zeitung, Reuters reports the discussions focused on setting a limit on state shareholdings in the aerospace and defense giant …

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