Tag Archives: Saudi Arabia

Raytheon (NYSE: RTN) has secured a potential $353.3M contract from the U.S. Navy to provide guided missile round packs and spare replacement parts for the Block 2 and 2A variants of the Rolling Airframe Missile system. The contract includes foreign military sales to Turkey, the United Arab Emirates, Saudi Arabia, Egypt and Germany, the Department of Defense said Monday.

TYSONS CORNER, VA, September 12, 2019 — Ahmed Jazzar, president of Boeing (NYSE: BA) in Saudi Arabia, will now also be managing the company’s defense contracts with the Saudi government in addition to his present leadership duties over Boeing’s international government and defense programs, ExecutiveBiz reported Aug. 29.

TYSONS CORNER, VA, December 28, 2018 — Raytheon (NYSE: RTN) has entered into an agreement with Saudi Aramco to establish a joint venture that will offer cybersecurity technologies and services to customers in Saudi Arabia and other Middle Eastern countries, ExecutiveBiz reported Dec. 17. The oil and gas company said …

Lockheed Martin (NYSE: LMT) has secured a potential $92.5M contract to provide support services for H-60 multirole helicopters of the U.S. Navy as well as Australia, Denmark and Saudi Arabia under the foreign military sales program. The company will update, implement and maintain H-60 software and systems configurations under the cost-plus-fixed-fee contract, the …

Roy Azevedo, a nearly three-decade Raytheon (NYSE: RTN) veteran, has been appointed president of the company’s space and airborne systems business in a move that will take effect on Sept. 1. He will join the corporate leadership team and succeed Richard Yuse, who is due to retire on Dec. 31 …

Lockheed Martin (NYSE: LMT) will help in the post-production efforts of the Patriot Advanced Capability-3 missile support center under a $282 million contract modification from the U.S. Army. Work will run through May 19, 2019, and will support local clients and foreign military sales customers Germany, Japan, Kuwait, Netherlands, Qatar, Saudi Arabia, …

TYSONS CORNER, VA, April 10, 2018 — Saudi Arabia’s Defense Minister Crown Prince Mohammed bin Salman has toured Lockheed Martin’s (NYSE: LMT) Sunnyvale, California, facility that houses the company’s satellite programs and missile defense technology, ExecutiveBiz reported Monday. Lockheed said Friday the visit included a walk-through of a test facility …

The State Department has approved a potential $1.3 billion foreign military sale of 155mm M109A5/A6 medium self-propelled howitzer structures and associated equipment to Saudi Arabia. Saudi Arabia asked to buy 180 M109A5/A6 self-propelled howitzer structures from the U.S. government for conversion into 177 155mm M109A6 Paladin medium self-propelled howitzer systems, …

TYSONS CORNER, VA, April 4, 2018 — Boeing (NYSE: BA) has signed a memorandum of agreement with state-owned company Saudi Arabian Military Industries to create a new joint venture that aims to localize at least 55 percent of maintenance, repair and overhaul work for Saudi Arabia’s fixed- and rotary-wing military …

TYSONS CORNER, VA, March 29, 2018 — Boeing (NYSE: BA) will sign a memorandum of understanding with state-owned company Saudi Arabian Military Industries to provide support services and fleet training, ExecutiveBiz reported Wednesday. The nonbinding agreement is in line with Saudi Arabia’s effort to localize 50 percent of its military …