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Tag Archives: South Korea

Lockheed Secures Potential $421M Navy Contract For AEGIS Engineering, Maintenance Services

Lockheed Martin‘s (NYSE: LMT) mission systems and sensors business has received a potential $421 million contract from the U.S. Navy to provide a range of services in support of the Advanced Electronic Guidance and Instrumentation System. The Defense Department said Friday the contract covers in-service combat systems engineering, computer program maintenance, annual …

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Raytheon Awarded $423M Navy Contract for Aegis Radar Transmitters, Fire Control Equipment Production

The U.S. Navy has awarded Raytheon (NYSE: RTN) a potential six-year, $423 million contract to produce Aegis missile guidance system components and provide engineering support for the service branch and the governments of Japan and South Korea. The Naval Sea Systems Command will obligate $365.8 million from the military branch’s fiscal …

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Raytheon Lands $213M Army Patriot Engineering Contract Modification

Raytheon (NYSE: RTN) has received a $212.7 million contract modification to provide engineering services for the U.S. Army’s Patriot program. The company will also provide Patriot support to foreign military sales clients such as Germany, Greece, Israel, Japan, Kuwait, Qatar, Saudi Arabia, Spain, South Korea, Taiwan, the Netherlands and the United …

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Lockheed Gets $1.2B Contract for F-35 Parts, Materials Procurement

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a four-year, $1.17 billion advance acquisition contract to obtain long-lead materials, components and parts necessary for the manufacture of low-rate initial production lot 11 F-35s. The Defense Department said Monday that Lockheed will use the long-lead items to build 80 F-35A …

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Lockheed Gets $361M Modification on PAC-3 Price Requirements for FMS Deal

Lockheed Martin (NYSE: LMT) has received a $360.7 million contract modification from the U.S. Army for Patriot Advanced Capability-3 price requirements on a foreign military sale agreement with Saudi Arabia, South Korea and the United Arab Emirates. The Defense Department said Thursday the company will perform work in Alabama, Arkansas, California, Massachusetts …

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US Govt OKs South Korea’s Request for $110M in Boeing Missiles, Other Equipment

TYSONS CORNER, VA, November 20,  2015 — South Korea’s proposed purchase of Boeing‘s (NYSE: BA) UGM-84L Harpoon Block II missiles and associated equipment and services under a $110 million foreign military sale has received approval from the State Department, ExecutiveBiz reported Thursday. The Defense Security Cooperation Agency said Wednesday South Korea plans to …

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General Atomics’ Gray Eagle Flies on Manned-Unmanned Aircraft Exercise in South Korea

TYSONS CORNER, VA, November 20,  2015 — A U.S. Army MQ-1C Gray Eagle drone built by General Atomics has flown in South Korea alongside an AH-64 Apache helicopter as part of a joint manned-unmanned aircraft exercise, ExecutiveBiz reported Thursday. The company said Wednesday the Gray Eagle transmitted data and video to the Apache to help …

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Boeing Unveils AH-64 Apache Attack Helicopter For South Korea

TYSONS CORNER, VA, November 5, 2015  – South Korea who agreed in 2013 to purchase 36 Boeing AH-64 Apache attack helicopters got an opportunity to see the newest helicopter up close, as reported by UPI. The viewing of the helicopter took place in Mesa Arizona and was attended by Boeing …

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Global Hawk Supplier Partners Showcase Tech in South Korea

TYSONS CORNER, VA, October 23,  2015 — Northrop Grumman’s (NYSE: NOC) South Korean partners in Global Hawk components production displayed their unmanned systems technology for the RQ-4 at the Seoul International Aerospace and Defense Exhibition 2015, ExecutiveBiz reported Thursday. Northrop said Firstec is manufacturing wire harnesses and Korea Jig and …

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Lockheed to Provide Interceptor Missiles to Army, US Allies for $1B

Lockheed Martin (NYSE: LMT) will provide Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptor missiles to the U.S. Army and five international customers under a $1.5 billion contract in support of missile defense upgrades. The company said Friday the contract covers the production and delivery of interceptors for the Army and foreign military …

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