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Tag Archives: u.k.

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 Receives $1.4B Contract for Lot 12 F-35 Long Lead Parts

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $1.38 billion contract to fund the procurement of long lead parts and components for the 12th batch of F-35 aircraft. The Defense Department said Friday the materials are needed for the manufacture of 130 lot 12 F-35s in support of U.S Air Force, Marine Corps, Navy, non-DoD …

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State Dept Clears $150M Hellfire II Missile Sale to UK

The State Department has approved the U.K.’s request to purchase AGM-114-R1/R2 Hellfire II Semi-Active Laser missiles from the U.S. government under a potential $150 million foreign military sales agreement. The U.K. government asked to buy 1,000 Hellfire II missiles, logistics assistance and related program services in order to provide close air support to coalition …

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UK-France Team Taps MBDA for $183M Air-Launched Missile Upgrade Contract

MBDA has received a potential $183 million contract from the U.K. and France to update the two countries’ air-launched missile systems. The contract covers modernization work on the Royal Air Force’s Storm Shadow and France’s SCALP missiles, the U.K. government said in a news release published Wednesday. Harriett Baldwin, British defense …

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Report: BAE to Name COO Charles Woodburn as Chief Executive

BAE Systems plans to formally appoint Chief Operating Officer Charles Woodburn as CEO  of the British defense contractor before the year ends, Sky News reported Monday. Mark Kleinman writes BAE’s board of directors could announce their selection of Woodburn to succeed CEO Ian King before or in conjunction with the Feb. 23 release of the company’s …

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Maximus Subsidiary Wins Spot on UK Employment, Health Services Contract

TYSONS CORNER, VA, Jan. 17, 2017 — A Maximus (NYSE: MMS) subsidiary was awarded a spot under Region Six of a framework contract that will support the U.K. government’s delivery of employment and health services, ExecutiveBiz reported Friday. Maximus said Thursday Remploy may bid for prime contracts through the U.K.’s Umbrella Agreement for the provision …

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Raytheon Secures $304M Navy Contract for Tomahawk Block IV Cruise Missile Production

Raytheon (NYSE: RTN) has been awarded a $303.7 million contract to provide 214 Tomahawk Block IV vertical launch system missiles and spares to the U.S. Navy. The company will also produce Tomahawk spares for the U.K. government under the firm-fixed-price contract, the Defense Department said Wednesday. Work will occur at various locations …

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BAE Systems-Led Team to Support Challenger 2 Life Extension Project Assessment Phase

TYSONS CORNER, VA, Dec. 27, 2016 — A team of companies led by BAE Systems will support the assessment phase of the Challenger 2 Life Extension Project that seeks to modernize the main battle tanks of the British Army under an agreement with the U.K. defense ministry, ExecutiveBiz reported Friday. The company …

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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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BAE Invests $508M to Revive UAV Airspace Integration Project in UK

TYSONS CORNER, VA, Dec. 12, 2016 — BAE Systems plans to spend $508 million to revive an industry-led project that seeks to establish regulations and technologies for the integration of unmanned air vehicles into the U.K.’s national airspace, ExecutiveBiz reported Friday. FlightGlobal reported Tuesday the company will use the Jetstream 31 as a test platform for the …

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