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Tag Archives: taiwan

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 …

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US Bombers Flyover Contested South China Sea

Two U.S B-1 Lancer bombers from Guam flew over the contested South China Sea Thursday, the U.S. Air Force confirmed Friday. The U.S. flyover asserts its “freedom of navigation” rights and challenges China’s claims to almost the whole waterway, Reuters reported. Chinese Foreign Ministry spokesman Geng Shuang said the country …

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State Dept OKs $1.3B in Surveillance Radar Maintenance, Missile Purchase Requests from Taiwan

The State Department has approved Taiwan’s request to buy missiles, torpedoes and related components as well as operations and maintenance support for the East Asian state’s surveillance radar program under seven foreign military agreements worth approximately $1.36 billion combined. Taiwan requested to purchase follow-on sustainment services for the SRP that …

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Lockheed Gets $200M AF IDIQ to Sustain Airborne Targeting, Navigation Pods for 13 Int’l Clients

Lockheed Martin (NYSE: LMT) has secured a $200 million contract from the U.S. Air Force to help 13 foreign military sales customers sustain Sniper advanced targeting pods and Low Altitude Navigation and Targeting Infrared for Night navigation pods. The Defense Department said Thursday work will include depot-level repair and return of line replaceable units; LANTIRN …

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Raytheon Awarded $200M to Produce Additional Sidewinder Missiles for US, Intl Clients

Raytheon (NYSE: RTN) has landed a three-year, $199.8 million contract modification from the U.S. Navy for the full-rate production of lot 17 AIM-9X Sidewinder tactical missiles. The Defense Department said Friday the company will also produce AIM-9X Block II captive air training missiles, all-up-round containers, spare advanced optical target detectors, captive air training missile guidance …

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AIDC Starts Update Work on Taiwan’s Lockheed-Built F-16s

TYSONS CORNER, VA, Jan. 26, 2017 — Aerospace Industrial Development Corp. has begun to implement updates to Taiwan’s fleet of Lockheed Martin-built (NYSE: LMT) F-16 Fighting Falcon aircraft, ExecutiveBiz reported Wednesday. Taiwanese state-owned AIDC stated that it expects to complete the modernization work on 144 F-16s in six years with four jets currently …

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Lockheed Gets $1.45B Contract to Supply PAC-3 Missile Interceptors to Army, Foreign Govt Clients

Lockheed Martin (NYSE: LMT) has received a potential three-year, $1.45 billion contract to produce and supply Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptors for the U.S. Army and allied countries through a foreign military sales agreement. The fixed-price-incentive contract covers the delivery of 205 PAC-3 MSE interceptors for the U.S. …

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Navy Taps Boeing to Produce Lot 90 Harpoon Missiles Under $207M FMS Contract

Boeing (NYSE: BA) has received a potential four-year, $207.5 million contract from the U.S. Navy for the full-rate production of 51 lot 90 Harpoon weapon systems for Egypt, South Korea and Brazil through a foreign military sales agreement. The sole-source, firm-fixed-price contract also covers the production of spares and related …

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Raytheon to Support Navy Phalanx, SeaRAM Weapon Systems Under Potential $399M Contract

Raytheon (NYSE: RTN) has been awarded a potential $398.6 million contract by the U.S. Navy to provide design agent engineering and technical services for the military branch’s close-in weapon and anti-ship missile defense systems. Work covers support for Phalanx Close-in Weapon System, SeaRAM and Land-based Phalanx Weapon System at various locations in the U.S. through January 2018, …

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Sikorsky Lands $187M in Army Contract Modifications for Taiwan, Tunisia UH-60M Helicopters

The U.S. Army has awarded Lockheed Martin‘s (NYSE: LMT) Sikorsky Aircraft subsidiary two contract modifications worth a combined $187.1 million to provide UH-60M Black Hawk helicopters to Taiwan and Tunisia under foreign military sales agreements. One modification has a potential $148.7 million value and calls for Sikorsky to make six configured UH-60Ms for Taiwan’s air force, the Defense Department said …

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