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Tag Archives: military procurement

Sweden Plans $1B Raytheon Missile Defense System Procurement

Sweden plans to begin formal negotiations with the U.S. government to procure a Raytheon-built (NYSE: RTN) missile defense system for an estimated $1.2 billion, Reuters reported Wednesday. The Swedish defense materiel administration on Tuesday received government approval to send a letter of request on the Patriot weapon procurement to the U.S. Patriot consists …

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Report: India Issues RFI for $10B Naval Helicopter Procurement Program

India has released a request for information for a potential $10 billion program to buy multirole and multi-utility helicopters designed to help naval forces perform submarine warfare and search-and-rescue missions, Defense News reported Wednesday. The country’s defense ministry issued the RFI to Airbus, Bell Helicopter, Lockheed Martin (NYSE: LMT) and …

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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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AMTEC to Supply 40mm Military Grenades to Iraq Under $85M Army Foreign Sales Deal

AMTEC has received a potential $84.5 million contract from the U.S. Army to produce 40mm grenade systems for  Iraq AMTEC will perform work under the firm-fixed-price, foreign military sales contract through September 30, 2019, the Defense Department said Tuesday. The Army Contracting Command obligated the full contract amount from the service branch’s “other” procurement funds for …

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Army Picks 3 Firms for Potential $12B Manpack Radio Production Contract

The U.S. Army has awarded three companies spots on a potential 10-year, $12.7 billion contract to provide tactical radio systems, accessories and support services. The Defense Department said Friday that General Dynamics (NYSE: GD), Harris (NYSE: HRS) and Rockwell Collins (NYSE: COL) will compete for task orders under the Army’s Handheld, Manpack …

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Frank Kendall Selected To 2015 Wash100 List for Leadership In DoD Procurement

Executive Mosaic, Tysons Corner, VA February 24, 2015 – Frank Kendall, defense undersecretary for acquisition, technology and logistics, has been chosen as one of this year’s Wash100 most influential leaders in GovCon for his leadership role in the military procurement market. The Wash100 is the premier group of private and public sector …

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