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Tag Archives: United Arab Emirates

Lockheed, Partners Establish Machining-Focused JV in Abu Dhabi

TYSONS CORNER, VA, November 4,  2015 — Lockheed Martin (NYSE: LMT) has formed a joint venture with Injaz National and Exechon in the United Arab Emirates in a push to deliver machining technology to the automotive, aerospace and defense sectors, ExecutiveBiz reported Tuesday. Lockheed said Monday the Exechon Enterprises JV is based …

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State Dept OKs $335M Aircraft IR Countermeasure Sale to UAE

The State Department has approved a potential $335 million foreign military sale of AN/AAQ 24(V) directional infrared countermeasure systems for the United Arab Emirates’ head of state aircraft. The Defense Security Cooperation Agency said Wednesday that UAE ordered four airborne DIRCMs and a total of 60 small laser transmitter assemblies, …

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Lockheed to Provide Interceptor Missiles to Army, US Allies for $1B

Lockheed Martin (NYSE: LMT) will provide Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptor missiles to the U.S. Army and five international customers under a $1.5 billion contract in support of missile defense upgrades. The company said Friday the contract covers the production and delivery of interceptors for the Army and foreign military …

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State Dept Clears $130M Guided Bomb Unit Sale to UAE

The State Department has approved the United Arab Emirates’ request to purchase guided bomb units and related equipment from the U.S. under a potential $130 million foreign military sales contract. The UAE plans to use the guided munitions to address Houthi insurgency in Yemen and potential threats posed by the Islamic …

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Bloomberg: State Dept to Clear UAE’s $220M Buy of General Atomics’ Predator XP

The State Department plans to approve a proposed $220 million direct sale of General Atomics-built Predator XP surveillance drones and related equipment to the United Arab Emirates, Bloomberg reported Tuesday. Anthony Capaccio writes that this will be the first sale of unmanned aircraft to a non-NATO member if the deal moves forward. The report …

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Paul Casey Named Northrop UAE Intl Business Development Head

Paul Casey has been appointed to serve as director of international business development for the United Arab Emirates at Northrop Grumman, Monday. Casey will lead the business development activities in the UAE and the rest of the Middle East region, the company announced Tuesday. He joins the company from Lockheed …

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Lockheed Wins $4B US, UAE Defense Missile Order

Lockheed Martin (NYSE: LMT) has won a $3, 920, 739, 507 contract modification from the U.S. Missile Defense Agency to produce missile defense equipment for the U.S. and to fulfill a foreign military sales agreement with the United Arab Emirates. The U.S. will acquire 110 Terminal High Altitude Area Defense interceptor missiles …

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Saudi Arabia Requests $6.7B Sale of Lockheed’s C-130J Transport & Refueling Aircraft

Saudi Arabia has requested the $6.7 billion sale of 25 Lockheed Martin (NYSE: LMT) C-130J Super Hercules aircraft for airlift and in-flight refueling duties to help modernize the Royal Saudi Air Force’s air transport capabilities, according to a Flight global article. “Saudi Arabia needs these aircraft to sustain its aging fleet, which faces increasing obsolescence, ” …

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Boeing Wins $370M Army Chinook Helicopter Contract

The U.S. Army has awarded Boeing (NYSE: BA) a $370 million contract for 14 CH-47F Chinook helicopters to support a foreign military sale through the U.S. Army, the company announced Wednesday. Boeing said it will deliver seven helicopters to Australia and six to the United Arab Emirates under separate foreign …

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Raytheon Wins $946M in Awards for Missile Defense Radars

Raytheon (NYSE: RTN) has won two contracts totaling $946.4 million for AN/TPY-2 radar systems and support services for Terminal High Altitude Area Defense systems, the company announced Friday. The awards include: A $363.9 million contract to provide two AN/TPY-2 radars to the U.S. Army for its THAAD system. A $582.5 …

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