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Tag Archives: Israel

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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Navy Awards Raytheon $79M Sidewinder Block II Sustainment Contract Modification

Raytheon‘s (NYSE: RTN) missile systems business has received a $78.7 million contract modification to provide sustainment and support services for AIM-9X Sidewinder Block II missiles of the U.S. Navy and the U.S. Air Force as well as 20 government clients under the Foreign Military Sales program. The Defense Department said Friday the modification covers repair, depot management, software …

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Raytheon Awarded $200M to Produce Additional Sidewinder Missiles for US, Intl Clients

Raytheon (NYSE: RTN) has landed a three-year, $199.8 million contract modification from the U.S. Navy for the full-rate production of lot 17 AIM-9X Sidewinder tactical missiles. The Defense Department said Friday the company will also produce AIM-9X Block II captive air training missiles, all-up-round containers, spare advanced optical target detectors, captive air training missile guidance …

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Elbit Systems Lands $100M Contract From Israeli Defense Ministry for Software-Based Radios

Elbit Systems (Nasdaq: ESLT) has received a potential five-year, $100 million contract from Israel’s ministry of defense to manufacture and deliver hundreds of advanced radio systems. The Israel-headquartered company said Wednesday it will supply handheld, airborne and vehicle mounted software-defined radios designed to support high-security network services. “We are very proud of this award, reinforcing …

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IMI Awarded Potential $450M Israel Munition Supply Contract

IMI Systems has secured a potential seven-year, $450 million contract to provide munitions to Israel’s infantry and armor units, Defense News reported Monday. Barbara Opall Rome writes that Israel’s defense ministry said the multiyear procurement effort will help the Israeli armed forces to resupply the country’s inventory of weapons systems and support …

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Reports: DoD Issues $6.1B ‘Unilateral Contract Action’ on 9th Lockheed F-35 Production Batch

The Defense Department has finalized a “unilateral contract” worth more than $6.1 billion to fund Lockheed Martin‘s (NYSE: LMT) low-rate initial production of 57 lot 9 F-35 fighter jets, Reuters reported Wednesday. Mike Stone writes the deal covers 42 F-35As for the U.S. Air Force, Japan, Israel and Norway; 13 F-35Bs for the U.S. Marine Corps and the …

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Lockheed Awarded $743M Modification in F-35 Batch 9 Deal

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $743.2 million modification under a previously awarded advance acquisition contract for the ninth batch of F-35 fighters. The Defense Department said Monday the modification allocates additional funds to address diminishing manufacturing and material shortages for redesign and development, estimated post-production concurrency changes …

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Reports: White House OKs Sale of Boeing, Lockheed Fighter Jets to Qatar, Kuwait & Bahrain

The White House has approved the requests of Kuwait and Qatar to buy up to 76 Boeing-built (NYSE: BA) F-15 and F/A- 18E/F Super Hornet aircraft worth approximately $7 billion, Reuters reported Wednesday. Andrea Shalal writes the U.S. government also cleared the sale of Lockheed Martin-built (NYSE: LMT) F-16 aircraft to Bahrain under a …

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