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Lockheed declined to offer details on the potential purchase, including the name of the company and the timeline of the deal.

Development for the Barak took five years, and it underwent testing over the last year.

The Department of Defense received three bids for the Common Hardware Systems 6th Generation contract, records show.

The purchase follows Paramount’s delivery of equipment to Mozambique, where the Mwari is already operational.

The contract has a maximum value of $7.9 billion if all options are exercised.

Here are several recommendations for actionable policies that could contribute to the long-term health and resiliency of the industrial base.

Tensions between the U.S. and Iran remain high, despite the release of five American detainees from Iran this week.

The event, which took place Sept. 11-15, saw the United States, Bulgaria, France, Romania, Turkey, Ukraine and the United Kingdom perform naval drills.

The installation should be completed by the end of October and the system should be providing operational data by November.