Tag Archives: Turkey

Lockheed to Modify Eight F-35As for Air Force Under $862M Contract Modification

F-35 Lockheed Martin

Lockheed Martin (NYSE: LMT) has been awarded an $861.7M contract modification to convert eight F-35A jets originally manufactured for Turkey into the U.S. Air Force configuration as a result of the Turkish government's exit from the Joint Strike Fighter program. USAF will also receive an additional six units of the conventional takeoff and landing variant as part of the modification awarded by the U.S. Navy's Naval Air Systems Command, the Department of Defense said Monday.

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Raytheon Awarded Potential $353M Navy Contract for Rolling Airframe Missile Components

raytheon-awarded-potential-353m-navy-contract-for-rolling-airframe-missile-components

Raytheon (NYSE: RTN) has secured a potential $353.3M contract from the U.S. Navy to provide guided missile round packs and spare replacement parts for the Block 2 and 2A variants of the Rolling Airframe Missile system. The contract includes foreign military sales to Turkey, the United Arab Emirates, Saudi Arabia, Egypt and Germany, the Department of Defense said Monday.

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Raytheon Lands Potential $530M Contract to Produce RAM Block 2 Missiles for Navy, FMS Clients

Raytheon‘s (NYSE: RTN) missile systems business has received a potential $529.7 million contract to provide updated Rolling Airframe Missiles to the U.S. Navy and three foreign military sales customers. The company will supply RAM Block 2 guided missile round pack, ordnance alterations and spares under the firm-fixed-price contract, the Defense Department said Thursday. RAM is designed to counter anti-ship …

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Lockheed-Raytheon JV Gets $95M Javelin Weapon FMS Contract Modification

A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) partnership will supply Javelin weapon equipment to six foreign military sales clients under a $94.9 million contract modification from the U.S. Army. The Javelin Joint Venture will deliver rounds, command launch units and battery coolant unit spares for the anti-armor missile system, the Defense …

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Harris to Engineer Defensive EW Tech for Foreign Military Clients Under $84M IDIQ

Harris (NYSE: HRS) has received a potential $84.4 million contract from the U.S. Air Force to engineer Advanced Integrated Defensive Electronic Warfare Suite systems for multiple foreign military sales customers. The Defense Department said Friday Harris will perform work under the  indefinite-delivery/indefinite-quantity contract at a company facility in Clifton, New Jersey, through Sept. …

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L3 Installs ProVision Passenger Screening Tech at Turkey Airport

TYSONS CORNER, VA, Sept. 22, 2017 — L3 Technologies (NYSE: LLL) has deployed a passenger screening system with object detection technology at the Istanbul Ataturk Airport in Turkey, ExecutiveBiz reported Thursday. The company said Wednesday approximately 2,000 ProVision systems has been used at security checkpoints around the world in line with the requirements …

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Symantec Studies Cyber Espionage Group Targeting Energy Systems in Europe, NA

TYSONS CORNER, VA, Sept. 12, 2017 — Symantec (Nasdaq: SYMC) has unveiled its findings on the recent activities of a cyber espionage group called “Dragonfly” that has targeted the energy sector in Europe and North America, ExecutiveBiz reported Monday. The company said Wednesday Dragonfly appears to have re-emerged in late 2015 and …

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Lockheed to Produce 50 Lot 11 F-35s for FMS Clients Under $3.7B Navy Contract Modification

Lockheed Martin (NYSE: LMT) has received a potential $3.69 billion contract modification from the U.S. Navy for the low-rate initial production of 50 lot 11 F-35 Lightning II aircraft for foreign military sales clients. The modification covers the production of 22 F-35A jets for FMS customers, eight F-35As for the Netherlands, six F-35As for Norway, four …

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Report: Lockheed, 11 Countries In Talks Over $37B F-35 Procurement

Lockheed Martin (NYSE: LMT) is in talks with the U.S. and 10 other countries over a potential contract worth at least $37 billion for the manufacturer to deliver a total of 440 F-35 fighter aircraft, Reuters reported Sunday. Sources told Reuters the multi-year transaction will consist of three portions from fiscal 2018 …

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