The U.S. Navy has awarded Raytheon‘s (NYSE: RTN) missile systems business a potential $652.8 million contract to fund the full-rate production of Standard Missile-2 systems and spare parts for the service branch and its allied foreign navies in fiscal 2017. The Defense Department said Friday the contract will run through March 2...
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 to fiscal 2020 with ...
The Department of Defense is planning to send between 3,000 to 5,000 additional U.S. troops to Afghanistan, reports CBS News. An announcement on the exact number from Defense Secretary Jim Mattis is expected in the next few days or weeks. The top U.S. commander in Afghanistan has said that he cannot counter an increasingly violent, resurgent...
Lockheed Martin (NYSE: LMT) has received a potential two-year, $471.7 million foreign military sales contract from the U.S. Army to manufacture full-rate production 12 Multiple Launch Rocket System components for France, Germany, Finland and Singapore. Lockheed™s missile and fire control business will deliver 2,868 guided MLRS al...
General Dynamics‘ (NYSE: GD) missions systems business has secured a five-year, $250 million contract to modify, test and sustain a ground-based system the U.S. Army uses to obtain tactical signals intelligence. The Defense Department said Thursday the company will also provide training services for the Prophet system under the&...
Textron‘s (NYSE: TXT) Bell Helicopter subsidiary has landed a potential $146.6 million contract from the U.S. Navy to repair 35 items used on the UH-1Y utility helicopter and the AH-1Z attack helicopter. The Defense Department said Thursday the firm-fixed-price contract contains a two-year base period that will run thr...
L3 Technologies (NYSE: LLL) has received a potential five-year, $90.7 million contract from the U.S. Air Force to provide hardware and sustainment and training services for video data link devices. The indefinite-delivery/indefinite-quantity contract includes foreign military sales to Australia and a provision for other eligible ...
The U.S. and Qatar have signed a potential $12 billion deal to supply Boeing-built (NYSE: BA) F-15QA fighter jets to the Arab country, Defense News reported Wednesday. A spokesman for the Defense Department said Defense Secretary James Mattis and Khalid al-Attiyah, Qatar™s defense affairs minister, signed a letter to facilitate the aircraft sal...
Raytheon (NYSE: RTN) has received an $82.8 million contract modification to produce AIM-9X Block II missile systems for the U.S. Navy and the U.S. Air Force as well as the governments of Poland, Indonesia, Romania and Belgium. The modification was awarded by the Navy and covers the full-rate production of 180 lot 1...
Six companies will compete for task orders under a U.S. Navy contract to provide website maintenance and software quality assurance support services for the Space and Naval Warfare Systems Center Pacific. SSC Pacific in San Diego received nine offers for the cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract that covers test and e...
