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Tag Archives: State Department

Report: Navy Eyes Super Hornet Purchase to Address Carrier-Based Strike Fighter Shortfall

The U.S. Navy looks to unload its Boeing-built F/A-18 Hornet fighter jets and buy F/A-18E/F Super Hornet aircraft to address a shortage of fighters jets aboard the service branch’s carriers, Reuters reported Saturday. Andrea Shalal writes a Navy official said the plan could be implemented as part of the fiscal year 2018 budget alongside …

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Lockheed to Supply France With C-130J Variant Under $133M Contract Modification

Lockheed Martin (NYSE: LMT) has been awarded a four-year, $133.4 million contract modification by the U.S. Air Force to provide a stretch version of the C-130J Super Hercules airlifter to France. Lockheed’s aeronautics business will build C-130J-30 aircraft for the French military at a company facility in Marietta, Georgia, and is scheduled to finish work …

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State Dept Clears $200M Poland Request for Lockheed Air-to-Surface Missiles

The State Department has approved a potential $200 million foreign military sale of Lockheed Martin-built (NYSE: LMT) Joint Air-to-Surface Standoff Missile Extended Range systems,  equipment and training services to Poland. Poland ordered 70 units of AGM-158B JASSM-ER, two flight test vehicles, two mass simulant vehicles, one flight test vehicle and three separation test vehicles, …

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November 18 Market Close: GovCon Index Narrowly Green to Close 2nd Straight Weekly Gain

Executive Mosaic’s GovCon Index posted a small gain Friday to register its second consecutive weekly gain on continued positive sentiment among investors toward defense stocks compared to other sectors. U.S. stocks traded lower Friday on healthcare sector declines to continue the slowdown in markets from the post-election rally but the S&P 500 …

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Weekly Roundup November 14 – November 18, 2016: ‘Big 3’ Credit Rating Firm Ups Defense Outlook & more

November 14 – November 18, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the country’s “Big Three” credit rating agencies has bolstered its view of the government contracting sector’s prospects under incoming President Donald Trump and in particular defense companies. …

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State Dept Clears Potential $21B F-15 Sale to Qatar

The State Department has approved Qatar’s request to buy 72 Boeing (NYSE: BA) F-15 aircraft, weapons, related support, equipment and training services under a potential $21.1 billion foreign military sales agreement. The Defense Security Cooperation Agency said Thursday the agreement aims to support political stability and economic growth in the Persian Gulf region, as …

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State Dept OKs $10B Sale of Boeing Super Hornet, Northrop, Raytheon & GE Components to Kuwait

The State Department has given Kuwait the go-ahead to procure Boeing-built (NYSE: BA) F/A-18E/F Super Hornet aircraft and related components and support from the U.S. government under a potential $10.1 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electric will act as principal contractors for the sale that covers …

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State Dept OKs $1B General Atomics Predator B Drone Sale to UK

The State Department has approved U.K.’s request to buy $1 billion in General Atomics-built Predator B remotely piloted aircraft and related support from the U.S. government under a foreign military sales agreement between both countries. The U.K. government asked to procure up to 26 Predator B drones, 12 ground control stations, 25 …

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State Dept Clears South Korea’s $141M Aircraft Countermeasure System Request

The State Department has approved a potential $141 million sale of Large Aircraft Infrared Countermeasures systems and non-defense equipment to South Korea under a foreign military sales agreement with Northrop Grumman (NYSE: NOC) as the contractor. The Defense Security Cooperation Agency said Wednesday South Korea’s request of the AN/AAQ- 24(V) LAIRCM systems includes …

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State Dept Approves $75M Exercise Participation Support Sale for UAE

The State Department has approved a potential $75 million foreign military sale of exercise participation support services to the United Arab Emirates. The Defense Security Cooperation Agency said Monday. UAE requested the sale of military exercises, aerial refueling, airlift and ferry support, training, technical and logistics support services from the U.S. …

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