Tag Archives: South Korea

State Dept Clears South Korea’s $250M Follow-On Reconnaissance Aircraft Support Request

State Dept

The State Department has approved a potential $250M foreign military sale of follow-on items and support services for South Korea's Peace Krypton reconnaissance aircraft fleet. Lockheed Martin (NYSE: LMT) will be the prime contractor on the proposed deal to modernize ground infrastructure, implement a joint mission planning system and maintain prime mission equipment, the Defense Security Cooperation Agency said Friday.

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Boeing Awarded $429M for Lot 11 Poseidon Aircraft Long Lead Materials, Support Services

Boeing (NYSE: BA) will obtain long lead materials and related services for the eleventh batch of P-8A Poseidon maritime patrol aircraft units under a $428.8M advanced acquisition contract modification. The modification funds procurement of items needed to build six P-8As for the U.S. Navy, four for New Zealand and another …

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Raytheon Awarded $434M Sidewinder Block II Production Contract Modification

Raytheon (NYSE: RTN) has received a potential $434.4M contract modification to produce and deliver lot 18 AIM-9X Sidewinder Block II missiles for the U.S. Navy, U.S. Air Force and seven foreign military sales clients. The modification covers the production of AIM-9X Block II all-up round tactical missiles, captive and special air training …

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Lockheed Lands Potential $84M Navy Contract for Aegis Test Site Operation, Maintenance

Lockheed Martin (NYSE: LMT) has received a potential $84 million contract to provide operation and maintenance support for Aegis development and test sites. Lockheed’s rotary and mission systems business will deliver configuration management, related equipment and supplies, technical engineering, quality and information assurance services for Aegis test sites under the …

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Lockheed Gets $282M Modification on Army PAC-3 Support Center Services Contract

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, …

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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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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 …

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