Lockheed Martin has been awarded a foreign military sales contract worth $1.4 billion by the US Army to upgrade PATRIOT missile defense systems for the governments of Republic of Korea, Qatar, Saudi Arabia, Taiwan, US and United Arab Emirates.
“Lockheed Martin Missiles and Fire Control, Grand Prairie, Texas, was awarded a $1,452,561,722 fixed-price incentive, foreign military sales contract (Republic of Korea, Qatar, Saudi Arabia, Taiwan, United Arab Emirates) for fiscal 2017 PATRIOT advanced capability production,” the US Deparment of Defense announced Thursday.
This contract includes 205 missile segment enhancement U.S. and Qatar missiles; 58 cost reduction initiative U.S. and Republic of Korea missiles; spare parts for the U.S., Qatar, Republic of Korea, Taiwan, United Arab Emirates and Saudi Arabia; and associated ground support equipment, the statement said.
Work will be performed in multiple locations with an estimated completion date of June 30, 2020. Fiscal 2015, 2016 and 2017 other procurement (Army); and other funds in the amount of $711,755,244 were obligated at the time of the award, the statement added.
Raytheon has won a $225 million contract from an undisclosed member of the 13-nation group to increase the capability of Patriot Integrated Air and Missile Defense System. "The added capability will strengthen our customer's protection against the evolving threats of tactical ballistic missiles, cruise missiles and enemy aircraft," said Ralph Acaba, Raytheon vice president of Integrated Air and Missile Defense in a statement Monday
Saudi Arabia has shot down 11 Scud missiles fired by Al Houthi rebels from across the Yemen border after fighting intensified since the collapse of a US-backed ceasefire last week. Saudi Arabia has deployed Patriot missile batteries to counter tactical ballistic missiles that have been fired sporadically from Yemen during the course of the war, Gulfnews reported Friday
Raytheon has won a Netherlands contract to upgrade its Patriot Integrated Air and Missile Defense system with the Modern Man Station user interface. “The Netherlands will continuously modernize Patriot as they intend to keep it in their inventory until at least 2040,” said Ralph Acaba, Raytheon vice president of Integrated Air and Missile Defense in a statement Thursday
Lockheed Martin has been awarded a $92 million contract for Qatar PATRIOT missile support, the US Department of Defense announced Thursday. This foreign military sales contract awarded by US Army will see Lockheed Martin provide a PATRIOT Advanced Capability-3 and Missile Segment Enhancement Multi-Band Radio Frequency Data Link obsolescence redesign
Lockheed Martin has won $1.1 billion contract to provide Patriot anti-ballistic missile interceptors for South Korea, Saudi Arabia and Qatar
Lockheed Martin won a foreign military sales contract modification to install phased array tracking radar on Qatar's Patriot ballistic missile defense batteries and other upgrades. "Lockheed Martin Corp
Jenoptik has won US$13.8 contract from unspecified customer to supply components for the Patriot integrated air and missile defense system
Lockheed Martin has won a US Navy development contract to provide MH-60 helicopters with enhanced electronic warfare surveillance and countermeasure capabilities against anti-ship missile (ASM) threats. Lockheed Martins Advanced Off-Board Electronic Warfare (AOEW) Active Mission Payload (AMP) AN/ALQ-248 system, is a self-contained EW pod hosted by an MH-60R or MH-60S, which provides the Navy advanced ASM detection and response capabilities, the company said in a statement Thursday
US Marine Corps has deployed a squadron of F-35B fighter jets to Japan, marking the first overseas deployment of the aircraft troubled due to technical glitches. The deployment of the 10 planes to Marine Corps Air Station Iwakuni on Honshu Island marks a major milestone for the F-35, agencies and various media reported today
Lockheed Martin has won a $61 million contract for air vehicle sustainment support for the USAF F-22 fighter jets. Lockheed Martin will provide inlet coating repair, depot throughput, analytical condition inspections, and radar cross-section Marietta turntable support, in addition to touch labor and installs, for the F-22 aircraft, US department of defense said in a statement
Despite opposition from Moscow, Ukraine's Ukroboronprom has decided to pitch for Indian contracts for the supply of components and repair of Russian-origin aircraft of the Indian Air Force, Director General Pavlo Bukin told Defenseworld.net in an interview.
Segments such as Network Centric Warfare, Radars, Weapon systems, Electronic Warfare & Avionics, Military Communications and Electro Optics are likely to drive the Companys growth in the future, says M V Gowtama, Chairman & Managing Director, Bharat Electronics Limited (BEL).
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