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Tag Archives: Patriot missiles

State Dept Approves $2B Sale of Lockheed, Raytheon Missiles to UAE

The State Department has approved a potential sale to the United Arab Emirates of $2 billion in Patriot missile systems from Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN). UAE requested 60 Lockheed-built Patriot Advanced Capability 3 missiles and Raytheon-made 100 Patriot Guidance Enhanced Missile-Tactical missiles through a foreign military sales agreement with the U.S. government, the Defense Security …

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Lockheed Receives $1.6B Army Foreign Sales Contract Modification for Patriot Missiles

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $1.6 billion contract modification to provide Patriot air defense systems, spares and equipment to the armed forces of South Korea, Qatar, Taiwan, United Arab Emirates and Saudi Arabia. The Defense Department said Thursday the Army obligated $1, 346, 328, 377 in …

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