Tag Archives: new zealand

Raytheon Lands Potential $462M Navy Contract for MK 15 Phalanx CIWS Upgrades

Raytheon (NYSE: RTN) will provide upgrades, conversions, system overhauls and hardware to the U.S. Navy for the MK 15 Phalanx Close-In Weapon System under a potential $461.7 million firm-fixed-price contract. The Defense Department said Wednesday the contract has a base value of $159.96 million and combines purchases for the U.S. and a foreign military sale …

Read More »

Jonathan Coleman: Lockheed to Update NZ Frigate Self-Defense, Sensors

The New Zealand government has contracted Lockheed Martin (NYSE: LMT) Canada to help update its combat frigates for $446 million in a bid to maintain the strength of the country’s maritime forces, Defense Minister Jonathan Coleman said Thursday. According to the defense chief, the work will involve outfitting the decades-old …

Read More »

Raytheon Wins $162M to Provide U.S. Navy Logistics Support; Will Support 6 Foreign Governments

The U.S. Navy has awarded Raytheon Co.‘s (NYSE: RTN) missile systems business a maximum $162, 239, 835 to provide performance-based logistics support for the Phalanx close-in-weapon system. Raytheon will also provide contract items to the U.K. and the governments of Bahrain, Japan, Poland, Australia and New Zealand. Work will be performed in …

Read More »

Raytheon Modification Raises Ship Defense Contract Value to $197.5M

The U.S. Navy has awarded Raytheon Co. (NYSE: RTN), Tucson, Ariz., an $18, 346, 000 contract modification to provide engineering and technical services in support of the MK15 Phalanx close-in weapon system. The modification raises the contract value to an estimated $197, 548, 604. Eighty percent of the purchases are …

Read More »