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Tag Archives: u.k.

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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Boeing Secures $93M Air Force Contract for E-3 AWACS Technical Support Services

The U.S. Air Force has awarded Boeing (NYSE: BA) a potential five-year, $92.9 million contract to provide sustainment engineering and technical services for the E-3 Sentry airborne warning and control system aircraft. Boeing will support the military branch’s E-3 AWACS division under the sole-source contract that also covers foreign military sales to Japan, Saudi Arabia, …

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BAE Lands $4.8B UK Contract to Build Type 26 Warships; Charles Woodburn Comments

BAE Systems has received a potential $4.8 billion contract from the U.K. defense ministry to build the first three ships under the country’s Type 26 Global Combat Ship program. The company said Sunday the contract is expected to create at least 3,400 jobs across the U.K. and that it will …

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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 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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