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Tag Archives: Greece

Inmarsat to Collaborate With Greek Space Agency for Technology R&D

TYSONS CORNER, VA, June 8, 2018 — Inmarsat has signed an agreement with the space agency of Greece to collaborate on technology research and development as well as information-sharing efforts, ExecutiveBiz reported Thursday. The company said Wednesday its partnership with the Hellenic Space Agency covers the development of technologies for …

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Report: Greece Greenlights $1.45B F-16 Aircraft Modernization

Greece’s government council for foreign affairs and defense has approved a plan to buy F-16 aircraft upgrade services from the U.S. through a potential $1.45 billion contract, Reuters reported Saturday. Reuters cites a defense ministry official that says 82 Greek fighter jets will undergo refurbishment within the country and three …

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Raytheon Gets $235M Army Task Order to Modernize Patriot Air & Missile Defense System

Raytheon (NYSE: RTN) has received a $235 million initial task order from the U.S. Army to modernize the Phased Array Tracking Radar Intercept on Target system. The award represents the first of five annual orders the Army would issue annually as part of a potential five-year, $2.3 billion Patriot system-of-systems engineering support …

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Raytheon Gets $80M Navy Contract Modification for Weapon System Engineering, Technical Services

Raytheon (NYSE: RTN) has received an $80 million contract modification from the U.S. Navy to perform design agent engineering and technical support services for the Phalanx close-in and land-based weapon systems as well as the SeaRAM missile defense platform. The Defense Department said Tuesday the award includes foreign military sales to Saudi Arabia, …

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Raytheon to Support Navy Phalanx, SeaRAM Weapon Systems Under Potential $399M Contract

Raytheon (NYSE: RTN) has been awarded a potential $398.6 million contract by the U.S. Navy to provide design agent engineering and technical services for the military branch’s close-in weapon and anti-ship missile defense systems. Work covers support for Phalanx Close-in Weapon System, SeaRAM and Land-based Phalanx Weapon System at various locations in the U.S. through January 2018, …

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Lockheed Awarded $142M FMS Contract for Greece P-3B Aircraft Upgrade Services

Lockheed Martin (NYSE: LMT) has received a three-year, $141.9 million foreign military sales contract from the U.S. Navy to perform reactivation and modernization work on P-3B maritime patrol aircraft for Greece. The Defense Department said Thursday that Lockheed’s aeronautics segment will restore one P-3B and obtain hardware kits needed to overhaul …

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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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July 16 Market Close: GovCon Index Rebounds, US Stocks Advance After Greek Parliament’s Austerity Vote

The GovCon Index recovered its losses from the previous day’s session to record a gain of 0.539 points and close at 77.375. U.S. stocks also rose after positive earnings reports from blue chips Citigroup and Intel and the Greek parliament’s vote to approve a series of austerity measures in return for financial aid …

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July 13 Market Close: GovCon Index, US Stocks Rise in Tandem After Greece Pact

The GovCon Index extended its gains from the previous two trading days into Monday with a rise of 1.06 percent to close at 76.396 as U.S. markets welcomed reports over a deal between Greece and its creditors. CNBC reports that pact would keep Greece in the Euro zone and get financial aid in return …

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July 10 Market Close: GovCon Index, US Stocks Surge on Investor Hope for Greece Deal

The GovCon Index continued to rally from its Wednesday losses in Friday’s trading session to gain 1.246 percent and close at 75.617. U.S. stocks also extended their surge to a second consecutive day as investors showed optimism that a new economic proposal from Greece could show progress toward a deal …

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