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Tag Archives: romania

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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Lockheed to Help Extend Army Tactical Missile Service Life Under $365M Contract

Lockheed Martin‘s (NYSE: LMT) missiles and fire control business has received a potential $364.6 million contract to support service-life extension work on a guided missile and launch assemblies for the U.S. Army and Romania. Work under the domestic and foreign military sales contract will run through March 26, 2020, the Defense Department said …

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Raytheon Lands $396M Romania Missile Fire Unit FMS Contract Modification

A Raytheon (NYSE: RTN) business unit has secured a $395.8 million modification under a U.S. Army foreign military sales contract to produce a missile fire unit for Romania. Raytheon’s integrated defense systems business will supply the Phased Array Tracking on Radar to Intercept Option Fire Unit to the FMS client, the Defense Department said Monday. The …

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Lockheed Receives $829M Army FMS Contract for Multiple Launch Rocket Systems

Lockheed Martin (NYSE: LMT) has secured a potential $828.7 million contract from the U.S. Army to produce Guided Multiple Launch Rocket Systems for Finland, South Korea and Romania. The Defense Department said Friday. the full obligated amount at the time of award is from the Army’s fiscal 2016, 2017 and 2018 “other” procurement and foreign …

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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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Raytheon Gets $235M Army Task Order to Modernize Patriot Air & Missile Defense System

Raytheon (NYSE: RTN) has received a $235 million initial task order from the U.S. Army to modernize the Phased Array Tracking Radar Intercept on Target system. The award represents the first of five annual orders the Army would issue annually as part of a potential five-year, $2.3 billion Patriot system-of-systems engineering support …

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Raytheon Unveils US-Romania Agreement on Potential Patriot Missile System Sale

TYSONS CORNER, VA, Dec. 1, 2017 — Raytheon (NYSE: RTN) is looking to supply the Patriot integrated air and missile defense system for Romania after the country submitted a letter of offer and acceptance for the platform to the U.S. Army, ExecutiveBiz reported Thursday. The company said Wednesday the agreement works …

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General Dynamics to Form JV for Romania-Based Production of Piranha Armored Vehicles

TYSONS CORNER, VA, Oct. 16, 2017 — General Dynamics (NYSE: GD) has entered into a cooperation agreement with Romania’s government to facilitate the in-country production of armored vehicles in partnership with Uzina Mecanica Bucharest, ExecutiveBiz reported Friday. Govnet reported Tuesday the agreement and memorandum of understanding covers the creation of a …

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State Dept OKs Romania’s Request for $1.25B in Mobile Rocket Launchers, Humvees

The State Department has given Romania the go-ahead to buy High Mobility Artillery Rocket Systems, other military equipment and related services from the U.S. government under a potential $1.25 billion foreign military sales agreement. Lockheed Martin (NYSE: LMT) is listed as the prime contractor for the transaction that covers HIMARS launchers, Guided-Multiple …

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Raytheon Gets Additional $83M Contract Funds for AIM-9X Block II Missile Production

Raytheon (NYSE: RTN) has received an $82.8 million contract modification to produce AIM-9X Block II missile systems for the U.S. Navy and the U.S. Air Force as well as the governments of Poland, Indonesia, Romania and Belgium. The modification was awarded by the Navy and covers the full-rate production of 180 lot 17 AIM-9X all-up-round missiles, 19 …

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