Hello, Guest!
  • Friday, November 22, 2024
M270A2 MLRS/Lockheed Martin

State Department Clears Finland’s $395M FMS Request for Updated Multiple Launch Rocket Systems

The State Department has approved Finland’s request to purchase Multiple Launch Rocket Systems with an updated configuration and related equipment from the U.S. government under a potential $395 million foreign military sale deal. 

Finland has requested services to modernize its M270A1 MLRS fleet into the M270A2 model to enhance interoperability with U.S. and allied forces, the Defense Security Cooperation Agency said Tuesday.

The updated system will include intercom hardware, machine gun and radio communication mounts, a battle management system vehicle integration kit, publications for MLRS, spares and program and logistics support services.

Lockheed Martin (NYSE: LMT), Chelton, Leonardo DRS (Nasdaq: DRS) and Loc Performance Products will serve as principal contractors on the proposed sale.

If executed, the transaction would not require the deployment of government or contractor representatives to Finland.

Video of the Day

Related Articles

General Atomics Lands $174M Air Force Contract for MQ-9A UAV Capability Upgrades Contract Awards

General Atomics Lands $174M Air Force Contract for MQ-9A UAV Capability Upgrades

The U.S. Air Force has awarded General Atomics’ aeronautical systems business a potential $173.5 million contract to perform capability upgrades to four MQ-9A Reaper unmanned aerial vehicles and two ground control stations. The sole-source contract involves foreign military sales to the Netherlands and includes the delivery of spares, support equipment and upgrade kits, the Department

Kay and Associates Books $153M Contract Option for F/A-18 FMS Maintenance Support Contract Awards

Kay and Associates Books $153M Contract Option for F/A-18 FMS Maintenance Support

Kay and Associates will provide maintenance, management and operation support services for Kuwait’s fleet of F/A-18 multirole fighter aircraft under a potential one-year, $153.4 million contract modification awarded by the U.S. Navy. The cost-plus-fixed-fee contract option includes support for missile maintenance and storage facilities in Kuwait, the Department of Defense said Tuesday. The vendor will

State Department OKs Greece’s $8.6B F-35 CTOL Aircraft FMS Request News-comment

State Department OKs Greece’s $8.6B F-35 CTOL Aircraft FMS Request

The State Department has approved a potential $8.6 billion foreign military sale of F-35 conventional takeoff and landing aircraft and related equipment to the government of Greece. Lockheed Martin's (NYSE: LMT) aeronautics business and RTX's (NYSE: RTX) Pratt & Whitney subsidiary will serve as principal contractors on the proposed deal that covers 40 F-35 CTOL units and 42 F135-PW-100 engines.