Tag Archives: patriot

Lockheed Gets $1B PAC-3 Missile Production Funds

Lockheed Martin (NYSE: LMT) has secured $1.04B contract modification to support the production of updated guided air and missile defense systems for the U.S. Army and seven foreign countries. Work covers planning, technical, management, incidental, testing and manufacturing services for the Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 missiles, the Department of Defense said Wednesday.

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Raytheon Gets $102M Army & FMS Contract for Patriot Missile Tech Modification Kits, Spares

Raytheon (NYSE: RTN) has received a $102.5M contract to provide Patriot missile component modification kits and initial spares for the U.S. Army and the Netherlands. The company will produce spares and kits for the system’s digital sidelobe canceller and peripheral electronics assembly box under the fixed-price-incentive contract, the Department of Defense said …

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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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Northrop Receives $289M Contract to Continue Development Work on IAMD Battle Command System

Northrop Grumman (NYSE: NOC) will extend its system development work on an air and missile defense platform for the U.S. Army under a $289M contract. The company said Monday the contract involves modernizing the engagement operations centers and integrated fire control network relays of the Integrated Air and Missile Defense Battle …

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