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Tag Archives: missile defense system

McAleese & Associates: Raytheon Reports 25% Rise in Q3 2018 Bookings

A report by consulting firm McAleese & Associates says Raytheon (NYSE: RTN) posted $8.7B in bookings during the third quarter of 2018, reflecting a 25 percent increase from the same period last year. Raytheon associated the increase with the integrated defense systems sector’s $1.3B Patriot missile defense system order from Poland and $787M …

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Report: Poland Inks Offset Deals With Lockheed, Raytheon for Patriot Missile System

Poland has signed potential 10-year offset agreements with Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) related to the European country’s planned procurement of the Patriot missile system, The Times of Israel reported Friday. “The offset agreements for the Wisla program are signed… This is the final step before signing …

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Lockheed to Provide Interceptor Missiles to Army, US Allies for $1B

Lockheed Martin (NYSE: LMT) will provide Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptor missiles to the U.S. Army and five international customers under a $1.5 billion contract in support of missile defense upgrades. The company said Friday the contract covers the production and delivery of interceptors for the Army and foreign military …

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Reports: Germany to Purchase MEADS Missile Defense System for $4B

Germany has placed a potential $4.5 billion order for the Medium Extended Air Defense System made by Lockheed Martin (NYSE: LMT) and MBDA as part of efforts to update country’s missile defense system, Syracuse.com reported Monday. Mark Weiner writes that Lockheed’s plant in the Salina suburb of Syracuse, New York holds a $625 million share …

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Leidos to Update Missile Defense System for NATO; John Fratamico Comments

Leidos (NYSE: LDOS) has won a potential $77 million contract to update the North Atlantic Treaty Organization’s ballistic missile defense system. Leidos will work to refine NATO’s BMD architecture, test the interfaces of these systems and operate the integration test bed and its system prototypes, the company said Thursday. The …

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Thales, MBDA Partner With Polish Firm on Bid for Poland’s Missile Defense System

Thales and MBDA have partnered with Poland’s Wojskowe Zaklady Uzbrojenia to offer the Aster 30 Block 1 missile in a joint bid for the Polish government’s Wisla contract, Defense News reported Tuesday. Pierre Tran writes that Thales and MBDA have submitted letters of intent for cooperation with WZU to bolster the local industry’s autonomy in producing and supporting …

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Raytheon, Lockheed Look to Revise Turkey Missile Defense Offer

Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) could pitch a new bid to construct a missile defense system for Turkey and have begun internal discussions with the U.S. government on their proposal, Reuters reported Tuesday. Andrea Shalal-Esa writes the talks started after Ankara indicated it could withdraw from its …

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