Tag Archives: italy

Italy-based aerospace and defense conglomerate Leonardo is considering listing its U.S. subsidiary on the New York Stock Exchange through an initial public offering to potentially raise $2.54 billion, Reuters reported Saturday. According to newspaper Il Messaggero, the possible listing of Arlington, Virginia-based Leonardo DRS is intended to support the parent …

The State Department has cleared a potential $500M foreign military sale of L3Harris Technologies-built (NYSE: LHX) mission systems for integration onto Gulfstream G550 aircraft to support Italy's airborne intelligence, surveillance, reconnaissance and electronic warfare missions.

Lockheed Martin (NYSE: LMT) has received a four-year, $368.1M contract modification from the U.S. Navy to manufacture five units of the F-35 conventional takeoff and landing variant and one piece of the short takeoff/vertical landing version for the Italian military.

TYSONS CORNER, VA, February 12, 2019 — A CAE-built (NYSE: CAE) flight simulation platform for General Atomics‘ Predator B/MQ-9 Reaper remotely piloted aircraft has received approval from Italy’s air armaments and airworthiness directorate for use at Amendola Air Base, ExecutiveBiz reported Wednesday. CAE said Feb. 5 its Predator Mission Trainer has been qualified …

Northrop Grumman (NYSE: NOC) has landed a $171M contract to produce Lot 7 AGM-88E Advanced Anti-Radiation Guided Missile at full rate for the U.S. Navy and foreign military customers in Italy and Australia. The supersonic missile system features real-time electronic situational awareness to guard against surface-to-air threats, and currently works …

TYSONS CORNER, VA, March 5, 2018 — CAE has delivered a Predator Mission Trainer to Italy’s air force in support of training programs for pilots of the country’s fleet of General Atomics-built Predator A remotely piloted aircraft, ExecutiveBiz reported. The trainer for the Predator A has entered into service with the Italian air …

Lockheed Martin (NYSE: LMT) has received a potential $3.69 billion contract modification from the U.S. Navy for the low-rate initial production of 50 lot 11 F-35 Lightning II aircraft for foreign military sales clients. The modification covers the production of 22 F-35A jets for FMS customers, eight F-35As for the Netherlands, six F-35As for Norway, four …

TYSONS CORNER, VA, July 24, 2017 — IBM (NYSE: IBM) will provide free consulting services on public safety, immigration, economic development and affordable housing to five municipalities around the world in efforts to advance the Smarter Cities Challenge program, ExecutiveBiz reported Friday. The company said Thursday it awarded the consultative engagement grants to San Jose in …

TYSONS CORNER, VA, July 14, 2017 — Vectrus (NYSE: VEC) has received recognition from the Europe-based division of the Defense Information Systems Agency for the operations of several Department of Defense Information Network sites, GovCon Executive reported Thursday. The company said Thursday five DoDIN locations across Germany and Italy under the Operations, Maintenance …

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 …