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Tag Archives: Israel

Navy Awards Lockheed $148M Contract Modification for Israeli F-35 System Support

Lockheed Martin (NYSE: LMT) will support weapons certification and electronic warfare analysis efforts for Israel’s F-35 Lightning II aircraft under a $147.9 million modified contract with the U.S. Navy. The company’s aeronautics business will also obtain modification kits to support the design and development of F-35 systems meant to provide 3F+ fleet capability to …

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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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Boeing to Produce Small Diameter Bombs for FMS Customers Under $194M Contract Modification

Boeing‘s (NYSE: BA) defense, space and security business has received a $193.6 million contract modification from the U.S. Air Force to manufacture additional Small Diameter Bombs for six foreign military sales customers. The modification covers the procurement of 6,000 more SDB Increment 1 all-up-rounds under the company’s basic indefinite-delivery/indefinite-quantity contract for …

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Intel Capital Makes $60M Investment to Support 15 Tech Startups

TYSONS CORNER, VA, Oct. 24, 2017 — Intel‘s (Nasdaq: INTC) investment arm has placed more than $60 million in funds to support 15 startups as they work to develop cybersecurity, analytics, machine learning, artificial intelligence and autonomous technologies, ExecutiveBiz reported Monday. The company said Thursday the startups from Canada, China, Israel, Japan …

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Executive Mosaic’s Weekly GovCon Round-up: This Week in Contracts

Weekly Roundup August 28 – September 1 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week we saw a number of contracts awarded across a variety of fields such as medicine, cybersecurity, vehicle improvement and modernization, missiles and more. Let’s take a …

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Rockwell Collins Gets $109M DLA Contract for Fighter Pilot Helmet Display Spares

Rockwell Collins (NYSE: COL) has secured a potential six-year, $108.6 million contract from the Defense Logistics Agency to supply consumable and depot-level reparable spares for helmet displays used by F-15, F-16 and F-18 aircraft pilots. The Defense Department said Thursday Rockwell Collins’ ESA Vision Systems business will deliver Joint Helmet Mounted Cueing System spares to the …

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Report: Israel to Purchase 17 More F-35s Under Potential $2B Deal

Israel has signed an agreement with the U.S. government and Lockheed Martin (NYSE: LMT) to buy an additional 17 F-35 fighter jets worth approximately $1.7 billion, The Times of Israel reported Sunday. Israel’s defense ministry said Lockheed is slated to deliver the new batch of 17 F-35s by December 2024 after the …

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Report: Lockheed, 11 Countries In Talks Over $37B F-35 Procurement

Lockheed Martin (NYSE: LMT) is in talks with the U.S. and 10 other countries over a potential contract worth at least $37 billion for the manufacturer to deliver a total of 440 F-35 fighter aircraft, Reuters reported Sunday. Sources told Reuters the multi-year transaction will consist of three portions from fiscal 2018 …

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Chairman of Joint Chiefs: No Decision Yet on Force Size in Aghanistan

The decision on whether to increase U.S. forces in Afghanistan has not yet been made, the chairman of the Joint Chiefs of Staff said Tuesday. DOD News reported that Marine Corps Gen. Joe Dunford said national security leaders have not presented President Donald J. Trump with Afghanistan troop recommendations for the …

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State Dept OKs $440M Sale of Leonardo DRS-Built Naval Guns to Israel

The State Department has approved Israel’s request to buy 13 Leonardo DRS-built 76mm naval guns and technical services under a $440 million foreign military sales agreement with the U.S. government. Israel requested the sale of shipboard spares; spares to support repair work; special tools for maintenance; holding and transportation fixtures; test equipment; technical …

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