The State Department has approved the proposed sale of an anti-tank weapon system and related equipment to the Egyptian government through a potential $691 million foreign military sales contract. Egypt is seeking to buy 5,070 units of the Raytheon Technologies-built (NYSE: RTX) TOW 2A radio frequency missile technology along with spare parts, techn...
The State Department has issued a request for proposals for a potential five-year, $98 million contract to provide administrative, operational and training support services for the Foreign Service Institute. The Administrative and Training Program Support Services indefinite-delivery/indefinite-quantity contract also covers a range of program suppor...
The State Department has approved the immediate sale of non-standard and legacy Warsaw Pact ammunition worth $165 million to Ukraine, with prime contractors to be selected upon award. The transaction covers ammunition, rounds and rockets for guns, howitzers, cannons, grenade launchers, mortars and tanks, as well as logistics and program support serv...
The State Department has approved a request by Taiwan’s economic and cultural representative office to obtain technical assistance and related equipment for the Raytheon Technologies-built (NYSE: RTX) Patriot air defense system through a $95 million foreign military sales transaction with the U.S. government. The Taiwanese government is seekin...
The State Department has approved Bulgaria’s request to buy Lockheed Martin-built (NYSE: LMT) F-16 Block 70 aircraft, related equipment and services through a potential $1.67 billion foreign military sales agreement. The government of Bulgaria asked to purchase four F-16 C units and four of the aircraft’s D variant to improve its capability to c...
A McAleese & Associates report says President Joe Biden’s $5.8 trillion budget request for fiscal year 2023 suggests that the federal government now accounts for 23 percent of the U.S. gross domestic product valued at approximately $25.6 trillion. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, said the prop...
The State Department has approved a potential $368.53 million foreign military sale, through which Raytheon Technologies (NYSE: RTX) could provide follow-on support services and related equipment for the U.K.’s Tomahawk Weapon System. Raytheon’s missile and defense business in Tucson, Arizona, will be the prime contractor on the proposed...
Constellis’ Triple Canopy subsidiary will provide protective support services for the U.S. embassy in Baghdad, Iraq, under a potential 10-year, $1.3 billion task order awarded through the State Department’s Worldwide Protective Services III contract. The award also covers the delivery of specialized security support and logistical services in Ba...
The State Department has approved a potential $175.98 million foreign military sale, through which Bahrain seeks assistance to update M270 Multiple Launch Rocket Systems manufactured by Lockheed Martin (NYSE: LMT). Bahrain wants to convert nine MLRS units into the M270 A1 configuration, spare parts and logistical and program support services through...
The State Department gave the green light for the U.K.’s plan to buy one ballistic missile defense radar and a pair of command and control battle management and communications systems, built by Lockheed Martin (NYSE: LMT), through a potential $700 million transaction with the U.S. government. The proposed foreign military sale will also includ...
