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Tag Archives: Saudi Arabia

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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State Dept OKs Saudi Arabia’s Request for $500M in Missile System Support Services

The State Department has given Saudi Arabia the green light to continue to purchase missile system services from the U.S. government under a potential $500 million foreign military sales agreement. Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will serve as principal contractors for the proposed deal that seeks to …

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Lockheed Martin Picks Gibbs & Cox for Surface Combatant Functional Design Support

TYSONS CORNER, VA, Jan. 16, 2018 — Lockheed Martin (NYSE: LMT) has named Gibbs & Cox as a partner on a project to provide functional design support for Saudi Arabia’s future multi-mission surface combatant vessels, ExecutiveBiz reported Thursday. Gibbs & Cox said Wednesday the contract from Lockheed serves to expand an existing …

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Sikorsky Awarded $194M Saudi Arabia UH-60M Helicopter FMS Contract

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has received a potential $193.8 million U.S. Army foreign military sales contract to supply modernized units of the Black Hawk medium-lift helicopter platform to Saudi Arabia. Sikorsky will manufacture eight UH-60Ms for the Saudi Arabian National Guard and another nine for the Royal Saudi Land Forces Airborne Special …

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Richard Edwards, Frank St. John Take New EVP Roles at Lockheed; Marillyn Hewson Comments

Lockheed Martin (NYSE: LMT) has appointed two executives to new executive vice president roles in a move that takes effect immediately. Richard “Rick” Edwards, formerly EVP of the company’s missiles and fire control business, has been selected by the board of directors to serve as EVP of Lockheed’s international business, Lockheed …

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Boeing to Produce Small Diameter Bombs for FMS Customers Under $194M Contract Modification

Boeing‘s (NYSE: BA) defense, space and security business has received a $193.6 million contract modification from the U.S. Air Force to manufacture additional Small Diameter Bombs for six foreign military sales customers. The modification covers the procurement of 6,000 more SDB Increment 1 all-up-rounds under the company’s basic indefinite-delivery/indefinite-quantity contract for …

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Raytheon Gets $80M Navy Contract Modification for Weapon System Engineering, Technical Services

Raytheon (NYSE: RTN) has received an $80 million contract modification from the U.S. Navy to perform design agent engineering and technical support services for the Phalanx close-in and land-based weapon systems as well as the SeaRAM missile defense platform. The Defense Department said Tuesday the award includes foreign military sales to Saudi Arabia, …

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Raytheon Lands Air Force Contract for GPS Receiver Cards

TYSONS CORNER, VA, Dec. 27, 2017 — Raytheon (NYSE: RTN) will supply four-channel receiver cards for global positioning system tracking and navigation to the U.S. Air Force and Saudi Arabia under a potential $36.7 million contract, ExecutiveBiz reported Friday. The Defense Department said Thursday the contract includes foreign military sales and covers the …

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Boeing Secures Potential $480M Saudi F-15 Repair Services Contract

The U.S. Air Force has awarded Boeing (NYSE: BA) a potential $480.4 million contract for repair support services to Saudi Arabia’s F-15 fleet. Boeing will repair and return F-15C/D/S/SA parts for the Royal Saudi Air Force as well as repair ground aerospace and hush house/open-air test cell equipment for the military branch’s F-15 program, …

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