Home / Tag Archives: South Korea

Tag Archives: South Korea

Northrop Grumman gets $210M Air Force contract modification for LAIRCM equipment, support

Northrop Grumman (NYSE: NOC)  has received a potential two-year, $209.7 million contract modification from the U.S. Air Force for Large Aircraft Infrared Counter Measures equipment and support. The Defense Department said Wednesday the modification brings the total value of the previously awarded contract to $1.6 billion and allows for performance …

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 »

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 …

Read More »

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, …

Read More »

IBM Selects 5 Recipients of Free Consulting Services Under Smarter Cities Challenge

TYSONS CORNER, VA, July 24, 2017 — IBM (NYSE: IBM) will provide free consulting services on public safety, immigration, economic development and affordable housing to five municipalities around the world in efforts to advance the Smarter Cities Challenge program, ExecutiveBiz reported Friday. The company said Thursday it awarded the consultative engagement grants to San Jose in …

Read More »

Lockheed Secures $130M Army Contract Funds for Fiscal 2017 PAC-3 Missile Production

Lockheed Martin (NYSE: LMT) has secured a $130.3 million modification to build additional Patriot Advanced Capability-3 air defense missiles for the U.S. Army and government customers under the foreign military sales program. The Defense Department said Friday Lockheed will provide a total of 35 PAC-3 missile segment enhancement interceptors to the …

Read More »

Report: Lockheed, 11 Countries In Talks Over $37B F-35 Procurement

Lockheed Martin (NYSE: LMT) is in talks with the U.S. and 10 other countries over a potential contract worth at least $37 billion for the manufacturer to deliver a total of 440 F-35 fighter aircraft, Reuters reported Sunday. Sources told Reuters the multi-year transaction will consist of three portions from fiscal 2018 …

Read More »

South Korea Leader Orders Probe of U.S. THAAD Additions

President Moon Jae-in of South Korea has ordered a probe after he says four additional U.S. THAAD anti-missile system launchers were brought into the country and the Defense Ministry failed to inform him. Four additional launchers were installed without informing the new government or the public, presidential spokesman Yoon Young-chan told media. …

Read More »

General Dynamics Receives Navy Contract Modification for Missile Fire Control Tech

TYSONS CORNER, VA, May 25, 2017 — General Dynamics (NYSE: GD) will deliver Missile Fire Control System equipment and provide engineering services for two international customers under a $40.8 million contract modification from the U.S. Navy, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday the company’s ordnance and tactical systems business will …

Read More »

Gilbane Wins $134M Army Contract to Build 2 Military Facilities in South Korea

Gilbane‘s federal business has won a $133.5 million contract from the U.S. Army to construct the U.S. Forces Korea’s operations center and a facility at the U.S. Army Garrison Humphreys. The Defense Department said Monday work will occur in South Korea through May 2, 2020. The Army Corps of Engineers received seven offers for the contract …

Read More »