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Tag Archives: missile system

McAleese & Associates: Army Seeks $182B in Total Budget for FY 2020

A report by consulting firm McAleese & Associates says the total U.S. Army budget request for fiscal year 2020 is approximately $182B. The service’s proposed FY 2020 budget includes $12.4B in research, development, test and evaluation funds, reflecting the service’s focus on eight Army Future Command’s cross functional teams in charge of …

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State Dept OKs Saudi Arabia’s Request for $500M in Missile System Support Services

The State Department has given Saudi Arabia the green light to continue to purchase missile system services from the U.S. government under a potential $500 million foreign military sales agreement. Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will serve as principal contractors for the proposed deal that seeks to …

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Lockheed Examines Cheyenne Resources Ahead of Air Force ICBM Launch Facility Renovation Project

TYSONS CORNER, VA, Dec. 12, 2016 — Lockheed Martin (NYSE: LMT) representatives have visited the city of Cheyenne in Wyoming to inspect local resources as the company pursues a U.S. Air Force program to update the country’s ballistic missile system and launch facilities, ExecutiveBiz reported Friday. Wyoming Tribune Eagle reported Tuesday that Boeing (NYSE: …

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Parsons Eyes Support for MDA Missile Systems Under June Contract; Mary Ann Hopkins Comments

TYSONS CORNER, VA, July 20, 2016 — Parsons will provide systems engineering services to the Missile Defense Agency in support of six weapon systems under a $455.1 million contract the company received in June, GovCon Executive reported Friday. The company said Thursday the Technical, Engineering, Advisory and Management Support contract covers services for the …

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Orbital ATK to Produce, Test Sidewinder Missile Rocket Motor for US Allies

TYSONS CORNER, VA, December 9, 2015 — Orbital ATK (NYSE: OA) will provide AIM-9P rocket motors for the Sidewinder missile system and conduct an acceptance test on the motors under a contract from the U.S. Air Force, ExecutiveBiz reported Tuesday. The company said Monday the contract is part of a foreign military …

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Lockheed Awarded $212M to Maintain Army’s Air Defense Missiles

Lockheed Martin (NYSE: LMT) has been awarded a $212 million contract to support the U.S. Army aviation and missile command’s air defense missile systems. Lockheed will provide maintenance and surveillance services for the Patriot Advanced Capability-3 out of its facilities across the U.S., the company said Monday. Lockheed will deliver similar services to …

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Raytheon Eyes $5B in Defense Sales from Middle East; William Swanson, Dave Wajsgras Comment

Raytheon Co. (NYSE: RTN) looks to close defense-related transactions worth between $4 billion and $5 billion with Middle East countries within weeks, Reuters reported Tuesday. Andrea Shalal-Esa writes CEO William Swanson spoke with leaders from Qatar, Oman, Kuwait and Saudi Arabia about missile defense orders. Swanson told an investor conference that missile …

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