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Tag Archives: State Department

ManTech Awarded Potential $816M State Department Personnel Security Contract; Dan Keefe Comments

ManTech International (Nasdaq: MANT) has received a potential multiyear, $816 million contract to help the State Department implement physical and electronic security meant to safeguard U.S. diplomatic personnel worldwide. The company said Monday it will provide 24-hour technical security services to the department’s domestic and overseas operations under the contract. “We are …

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Report: Saudi Arabia to Buy $7B in Precision-Guided Munitions From Raytheon, Boeing

Saudi Arabia will purchase precision-guided munitions from Boeing (NYSE: BA) and Raytheon (NYSE: RTN) under an agreement worth approximately $7 billion, Reuters reported Thursday. Sources told Reuters the proposed deal was part of a potential $110 billion package of weapons sales agreements that President Donald Trump and Saudi King Salman …

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State Dept OKs $170M Raytheon Air-to-Air Missile Sale to Norway

The State Department has approved Norway’s request to buy Raytheon-built (NYSE: RTN) AIM-120 C-7 Advanced Medium Range Air-to-Air Missiles under a potential $170 million foreign military sales agreement. Raytheon’s missile systems business unit will serve as prime contractor of the proposed sale that covers 60 AMRAAMs and associated equipment; publications and technical documentation; …

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Report: UAE to Buy $684M in Raytheon-Built Laser Guided Bombs

The United Arab Emirates will purchase laser guided bombs from Raytheon (NYSE: RTN) under a $684.4 million deal, Reuters reported Tuesday. The agreement announced at the Dubai Airshow Tuesday includes Raytheon-built GBU-10 and GBU-12 Paveway bomb kits. The deal came days after UAE awarded Lockheed Martin (NYSE: LMT) a potential …

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Executive Mosaic’s Weekly GovCon Round-up: October’s Biggest Contracts

Weekly Roundup October 30 – November 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson During October a number of contracts valued at over a billion dollars were awarded for a variety of services such as range services, construction, healthcare staffing, foreign …

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ManTech Records Q3 2017 Rise in Revenue, Net Income; Kevin Phillips Comments

ManTech International (Nasdaq: MANT) recorded $422.7 million in revenue for the third quarter of its fiscal year 2017, up from $415.4 million in the same period last year. ManTech said Wednesday it posted $15.2 million in Q3 net income, a figure that reflects a 4 percent rise from the prior-year period. The …

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State Dept Clears $140M Raytheon Air-to-Air Missile Sales Deal for Canada

The State Department has approved a potential $140 million foreign military sale of  Raytheon-built (NYSE: RTN) AIM-120D Advanced Medium Range Air-to-Air Missiles to Canada. The proposed FMS transaction covers 32 AMRAAMs and associated equipment; storage and preservation; transportation; aircrew and maintenance training; and other logistics and program support services, the Defense Security Cooperation …

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State Dept OKs Qatar’s Request for $1B in F-15 Support Structures, Services

The State Department has approved Qatar’s request to acquire a range of support services for its F-15QA multirole fighter aircraft program under a potential $1.1 billion foreign military sales deal with the U.S. government. The Defense Security Cooperation Agency said Thursday the request covers design and construction services for parking and …

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State Dept OKs $575M UH-1Y Helicopter Sale to Czech Republic

The State Department has cleared Czech Republic’s request to buy 12 UH-1Y utility helicopters and related equipment and services from the U.S. government under a potential $575 million foreign military sales agreement. Textron’s (NYSE: TXT) Bell Helicopter subsidiary and General Electric (NYSE: GE) will act as principal contractors in the proposed FMS transaction …

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State Dept OKs Potential $2.4B FMS Deal for Greek F-16 Upgrades

The State Department has approved a potential $2.40 billion foreign military sales transaction for Lockheed Martin (NYSE: LMT) to convert F-16 aircraft into a Block V configuration for the Greek air force. Greece asked to buy 125 APG-83 active electronically scanned array radars, 123 modular mission computers and 123 Link-16 multifunctional information distribution …

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