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Tag Archives: Patriot Missile

Lockheed Gets $524M US, Intl Patriot Missile Contract Modification

Lockheed Martin (NYSE: LMT) has received a three-year, $523.8 million contract modification for the supply of updated Patriot missiles to the U.S. Army as well as Qatar, Saudi Arabia and Romania. The company will provide Patriot Advanced Capability-3 enhancement and cost reduction initiative missiles along with complementary support equipment through the modified domestic and …

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Report: UAE to Buy $684M in Raytheon-Built Laser Guided Bombs

The United Arab Emirates will purchase laser guided bombs from Raytheon (NYSE: RTN) under a $684.4 million deal, Reuters reported Tuesday. The agreement announced at the Dubai Airshow Tuesday includes Raytheon-built GBU-10 and GBU-12 Paveway bomb kits. The deal came days after UAE awarded Lockheed Martin (NYSE: LMT) a potential …

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Tim Glaeser: Raytheon Expects US, Qatar to Close Patriot System Deal By 2014’s End

Tim Glaeser, a vice president at Raytheon (NYSE: RTN), expects the governments of U.S. and Qatar to reach an agreement by the end of the year for Qatar to purchase a Patriot missile defense system from the U.S. through a foreign military sales agreement, Reuters reported Tuesday. Glaeser, vice president of Raytheon’s integrated defense …

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Saudi Arabia Plans $2B Patriot Missile Purchase; Lockheed, Raytheon Prime Contractors

The State Department has approved Saudi Arabia’s request to purchase a Patriot Air Defense System from the U.S. government under a potential $1.75 billion foreign military sales agreement. The system consists of a set of Patriot Advanced Capability-3 missiles and associated parts and equipment, as well as personnel training and logistics and …

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Lockeed, Raytheon Primes On Proposed $4.2B Kuwait Patriot Missile Sale

Kuwait plans to purchase up to $4.2 billion in Raytheon-made (NYSE: RTN) Patriot missiles from the U.S. government through a foreign military sales agreement. Both Lockheed Martin (NYSE: LMT) and Raytheon are listed as prime contractors of the sale, according to a Defense Security Cooperation Agency release dated July 20. …

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Lockheed Wins $921M to Provide Hardware, Services for Patriot Missile Upgrade Program

The U.S. Army‘s aviation and missile command has awarded Lockheed Martin (NYSE: LMT) $921 million in contracts to provide hardware and services for a missile program, Lockheed announced Monday. Lockheed is the prime contractor on the Patriot Advanced Capability-3 missile segment upgrade program which includes modification kits, spares and program management. …

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Raytheon to Provide Patriot Missile System with National Stock Numbers on $38M DLA Award

The Defense Logistics Agency has awarded Raytheon (NYSE: RTN) a maximum $37, 607, 589 delivery order for 15 additional NSNs to support the Patriot Missile System. The U.S. Army is the using service on the firm-fixed-price award. The contracting activity is the Defense Logistics Agency Aviation, Redstone Arsenal, Ala.

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Lockheed Wins $39M Army Patriot Missile Contract

The U.S. Army has awarded Lockheed Martin Corp. (NYSE: LMT), Grand Prairie, Texas, a $38, 640, 344 firm-fixed-price with a cost-plus-fixed-fee contract-line-item-number contract. The award is for the fiscal 2011 U.S. Patriot advanced capability production requirement. Lockheed will provide five Patriot advanced capability-3 four-pack missiles. The work has an estimated …

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Contract Award – Raytheon – $5.8 Million – Army

The US Army Aviation and Missile Command has awarded a contract modification to Raytheon for the Patriot Air and Missile Defense System. The original contract, worth $128 million and awarded in January 2009, has been modified eight times. Under the contract, Raytheon is responsible for providing logistic and testing support, …

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