Tag Archives: romania

State Dept Clears $300M Sale of Raytheon Technologies-Made Naval Missiles to Romania

Naval Strike Missile

The State Department approved Romania's request to buy anti-ship missile systems manufactured by Raytheon Technologies (NYSE: RTX) through a potential $300M foreign military sale transaction with the U.S. government. The company's missiles and defense business would deliver two units of the Naval Strike Missile Coastal Defense System and complementary equipment to Romania's government under the potential deal, the Defense Security Cooperation Agency said Friday.

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »