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March 5, 2024 | International, Land

Thales posts higher profit, tackles weak telecom satellite market

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  • Lockheed nabs $818.2M to produce JASSMs for Air Force, allies

    April 2, 2020 | International, Aerospace

    Lockheed nabs $818.2M to produce JASSMs for Air Force, allies

    ByChristen McCurdy April 1 (UPI) -- Lockheed Martin has been awarded an $818.2 million contract for production of Joint Air-to-Surface Standoff Missiles for the U.S. Air Force and allied militaries, according to the Pentagon. Under the contract Lockheed will produce 360 Lot 17 JASSM-Extended Range missiles, 40 Lot 17 Foreign Military Sales JASSM-ER missiles and 390 Lot 18 JASSM-ER missiles. The deal is funded in part by fiscal year 2018 procurement funds -- to the tune of $767.4 million -- as well as $50.7 million in money from the Department of Defense's Foreign Military Sales program. It's unclear who will purchase the missiles produced through FMS under the current contract, but in August 2019 Lockheed received a contract to produce JASSM for Poland, Finland and Australia. The JASSM is a 2,000-pound long-range, air-to-ground standoff missile designed to destroy high-value, well-defended, fixed and relocatable targets. The missiles will be produced in Orlando, Fla., and production is expected to be complete on Oct. 31, 2024. This award is the result of a sole-source acquisition. https://www.upi.com/Defense-News/2020/04/01/Lockheed-nabs-8182M-to-produce-JASSMs-for-Air-Force-allies/2211585788006/

  • Opinion: What’s In A Defense Budget Cut?

    September 24, 2020 | International, Aerospace, Naval, Land, C4ISR, Security, Other Defence

    Opinion: What’s In A Defense Budget Cut?

    Former Vice President and Democratic presidential candidate Joe Biden commented in a Sept. 10 Stars and Stripes interview that he does “not see major reductions in the U.S. defense budget” if he is... https://aviationweek.com/defense-space/budget-policy-operations/opinion-whats-defense-budget-cut

  • Raytheon Company Wins $88 M US Navy Contract for Modification and Upgrade of Sensor Software for F/A-18 and F/A-18G Aircraft

    February 18, 2019 | International, Aerospace

    Raytheon Company Wins $88 M US Navy Contract for Modification and Upgrade of Sensor Software for F/A-18 and F/A-18G Aircraft

    Raytheon Company (NYSE: RTN) won the following contract as announced by the Department of Defense on February 11, 2019. The Raytheon Co., El Segundo, California, is awarded an $88,443,303 cost-plus-fixed-fee indefinite-delivery/indefinite-quantity contract for the modification and upgrade of the sensor system software and hardware for the F/A-18/EA-18G aircraft to incorporate updates, improvements, and enhancements of tactical capabilities. Services to be provided include technical support for hardware and software anomaly investigation, design, development, documentation, integration, test, and evaluation of systems and support equipment. The Naval Air Warfare Center Weapons Division, China Lake, California, is the contracting activity (N6893619D0001). http://www.asdnews.com/news/defense/2019/02/13/raytheon-company-wins-88-m-us-navy-contract-modification-upgrade-sensor-software-fa18-fa18g-aircraft

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