Business

U.S. Army turns to Raytheon to support aircraft for foreign nations

Posted November 9, 2015 by

The U.S. Army Contracting Command awarded Raytheon an indefinite delivery/indefinite quantity (IDIQ) contract to provide communications systems, support and training for aircraft made available to foreign nations through the Foreign Military Sales process. The five-year contract has a ceiling value of $80 million.  “For more than 50 years, Raytheon has developed, delivered and supported tactical…

Full Story »

Lockheed Martin photograph
Business

PAC-3 Missile intercepts target in flight test

Posted November 25, 2015 by

A Lockheed Martin PAC-3 Missile successfully intercepted an incoming target Nov. 19, as part of a U.S. Army-led missile defense flight test at White Sands Missile Range, N.M.

Full Story »

Lockheed Martin Canada photograph
Business

Lockheed Martin Canada delivers modern combat system to Royal Canadian Navy

Posted December 23, 2015 by

Signaling an exciting stage of maturity for the Royal Canadian Navy’s Halifax Class Modernization Project, Lockheed Martin Canada is announcing several important program milestones. 

Full Story »

Business

Electric Boat president shares positive business outlook

Posted January 27, 2016 by Jennifer McDermott

GROTON, Conn.–U.S. Navy contractor Electric Boat is building and designing so many submarines that the company’s president told a group in Connecticut Jan. 25 it’s a “terrific time” to be in the submarine business. Funding for submarine programs is projected to increase from $7.2 billion in the 2016 fiscal year to more than $8 billion…

Full Story »

LM-Romania
Business

Romania increases inventory of Lockheed Martin radars

Posted February 22, 2016 by

Romania will gain greater situational awareness with two new TPS-77 radars under a contract agreement with Lockheed Martin. Like all next-generation radars made by Lockheed Martin, the company is planning to include innovative new Digital Array Row Tranceivers (DART).

Full Story »

Business

Contract Briefs

Posted March 25, 2016 by

General Dynamics Ordnance & Tactical Systems Inc., St. Petersburg, Fla., was awarded a $35,788,624 modification (P00022) to contract W52P1J-12-C-0026 for 120mm M1002 new production cartridges, and 120mm M865 recapitalized cartridges, for 120mm tank training ammunition. Work will be performed in St. Petersburg, Fla., with an estimated completion date of Nov. 30, 2017.  Fiscal 2014 and 2016,…

Full Story »

Business

General Dynamics completes U.S. Air Force space fence radar array ground structure

Posted April 8, 2016 by

General Dynamics SATCOM Technologies has completed the construction and walk-through of the 7,000 square-foot radar receive array structure that is part of the U.S. Air Force Space Fence radar system. With the array structure complete, the General Dynamics Space Fence team will carefully dismantle the 700,000-pound steel structure and ship it to Kwajalein Atoll, Marshall…

Full Story »

Air Force photograph
Business

Raytheon to start production of first multi-spectral targeting system with next-generation accuracy

Posted April 29, 2016 by

The U.S. Air Force awarded Raytheon a $90 million first-lot production contract for the next-generation Multi-Spectral Targeting System.

Full Story »

LM-C130b
Business

C-130Js delivered to U.S. Coast Guard, Air Force

Posted May 13, 2016 by

Lockheed Martin photograph by Damien A. Guarnieri Lockheed Martin recently delivered two C-130J Super Hercules aircraft: one HC-130J long range surveillance/search and rescue aircraft to the U.S. Coast Guard and an MC-130J Commando II Special Operations tanker to the U.S. Air Force. The Coast Guard’s HC-130J was originally delivered in 2015 and received post-production modifications…

Full Story »

Business

U.S. Marine Corps awards Raytheon up to $249 million to refurbish vehicles

Posted June 6, 2016 by

The U.S. Marine Corps Logistics Command has awarded Raytheon up to $249 million with options over five years for work on the Secondary Reparable, or SECREP program, rebuilding vehicle parts such as engines, transmissions and electronics. The Marine Corps takes delivery of the items at approximately half the price of buying new. The savings can…

Full Story »


All of this week's top headlines to your email every Friday.