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Tag Archives: Turkey

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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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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Talel Kamel, Bernard Bouillaud Appointed to Rockwell Collins Director Roles

Rockwell Collins (NYSE: COL) has named Talel Kamel as managing director of the avionics manufacturer’s operations in the Middle East, Turkey and North Africa and appointed Bernard Bouillaud as sales director for the same regions. The company said Sunday it made the two leadership appointments as part of efforts to expand regional presence and help strengthen …

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BAE, TAI Partner on Initial Development Phase for Turkey’s TF-X Fighter Jet Program

TYSONS CORNER, VA, Jan. 31, 2017 — BAE Systems and Turkish Aerospace Industries will collaborate on the first development phase of the Turkish air force’s TF-X fighter jet program under a “Heads of Agreement” deal, ExecutiveBiz reported Monday. The agreement was signed ahead of a planned contract worth an estimated $125 million …

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Turkey to Acquire Second Batch of Lockheed-Built F-35 Jets

TYSONS CORNER, VA, Nov. 2, 2016 — Turkey’s defense procurement panel is set to acquire a second batch of Lockheed Martin-built (NYSE: LMT) F-35 Lightning II fighter aircraft through the multinational Joint Strike Fighter program, ExecutiveBiz reported Tuesday. Defense News reported Monday the country aims to build a new-generation aircraft …

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August 24 Market Close: GovCon Index Down on McKesson Decline as Health Losses Weigh on US Markets

Executive Mosaic’s GovCon Index traded lower Wednesday with McKesson Corp. (NYSE: MCK) the worst net performer at more than double the decline of second-lowest Lockheed Martin (NYSE: LMT) as losses in healthcare shares dragged U.S. stocks into negative territory. General Dynamics was the only GovCon Index-S&P 500 company to record a gain, while McKesson was …

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Air Force Orders $99M in Lockheed Targeting Pods for 10 Foreign Govt Clients

Lockheed Martin (NYSE: LMT) has received $99 million in delivery orders to provide Sniper Advanced Targeting Pods, spares and upgrade services to Belgium, Norway, Pakistan, Poland, Romania, Saudi Arabia, Taiwan, Thailand,  Turkey and the Netherlands through the foreign military sales program. The orders come under a potential $485 million indefinite-delivery/indefinite-quantity contract the U.S. Air Force  awarded to Lockheed’s missiles …

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Louis Berger, MWH to Assess Water Resources in Turkey for Modernization Project

TYSONS CORNER, VA, March 31, 2016 — Louis Berger‘s joint venture with an affiliate company of MWH Global in Turkey will help modernize the country’s water resources and water treatment system under a $4.2 million contract, ExecutiveBiz reported Wednesday. The joint venture will assess the drinking water quality in Turkey …

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