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Tag Archives: Turkey

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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Boeing Awarded $358M Navy IDIQ for Precision Laser Guided Sets

Boeing (NYSE: BA) has received a $357.8 million indefinite-delivery/indefinite-quantity contract to produce precision laser guided sets for the U.S. Navy, U.S. Air Force and foreign military sales clients. The company will build the fourth to eighth batches of the DSU-38 A/B munition systems and deliver the sets to the United Arab …

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Lockheed Gets $1.2B Contract for F-35 Parts, Materials Procurement

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a four-year, $1.17 billion advance acquisition contract to obtain long-lead materials, components and parts necessary for the manufacture of low-rate initial production lot 11 F-35s. The Defense Department said Monday that Lockheed will use the long-lead items to build 80 F-35A …

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Boeing Named Principal Contractor on $70M Munitions FMS Deal With Turkey

TYSONS CORNER, VA, December 10, 2015 — Boeing (NYSE: BA) will serve as the principal contractor on a potential $70 million foreign military sale of Joint Direct Attack Munitions tail kits to Turkey, ExecutiveBiz reported Wednesday. The Defense Security Cooperation Agency said Monday the State Department approved the proposed sale, which includes …

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Lockheed Awarded $920M to Build 94 F-35s for US, Foreign Military Customers

Lockheed Martin‘s (NYSE: LMT) aeronautics business will manufacture a total of 94 F-35 Lightning II low-rate initial production fighter jets for several domestic and foreign military customers under a $920.3 million advanced acquisition contract. The Defense Department said Thursday the company will also provide parts, materials and components for the 78 F-35A, 14 …

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State Dept Clears $2B in Saudi MH-60R Helicopter, Turkey Phalanx Gun System Sales

The State Department has approved approximately $2.2 billion in requests from Saudi Arabia and Turkey to purchase military equipment from the U.S. under foreign military sales agreements. Saudi Arabia has asked the U.S. for $1.9 billion in MH-60R multimission helicopters, equipment and logistics services in a transaction that sees Sikorsky Aircraft and Lockheed Martin …

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