Archive: International

The F-35 Joint Strike Fighter. Photo by Lockheed Martin.

Lockheed Martin Targets $80 Million Price Tag For F-35 By LRIP 14

FARNBOROUGH INTERNATIONAL AIRSHOW–Lockheed Martin [LMT] has reached a “handshake” agreement on the low-rate initial product lot 11 (LRIP 11) contract for the F-35, according to a program update provided by a company executive on Monday at the Farnborough International Air Show. The company will not confirm specifics of the new deal until the agreement is […]

Boeing received a $986 million award from the U.S. Air Force for services for the C-17. Photo: Air Force.

Boeing Tallies $2.1 Billion In Services Orders At Farnborough

Boeing [BA] on Monday said its Global Services segment racked up $2.1 billion in potential new orders and agreements from commercial and government customers worldwide, including a nearly $1 billion deal with the U.S. Air Force for training services for the C-17 transport aircraft. All in all, government orders and agreements are worth up to […]

A U.S. Navy MH-60R Helicopter using an AN/AQS-22 Airborne Low Frequency Sonar (ALFS) system as an integrated dipping sonar system. Photo: Lockheed Martin.

Report: Mexico to Cancel MH-60R Deal

Mexico’s president elect, set to take office Dec. 1, will reportedly cancel the country’s planned purchase of eight Sikorsky MH-60R helicopters from the U.S. Andres Manuel Lopez Obrador told legislators Wednesday that he would cancel the contract for the Sikorsky-built utility helicopters as a part of sweeping cost-cutting measures, according to Reuters. The $1.2 billion deal […]

Chris Kubasik, chairman, president and CEO of L3 Technologies. Photo: L3

L3 To Acquire Two Information Security Firms Based Outside U.S.

L3 Technologies [LLL] on Wednesday said it has agreed to acquire two companies that it said will strengthen its cyber defense capabilities, particularly for intelligence and classified missions. L3 said it will pay $200 million for the companies, which will be combined as L3 Trenchant, and that the deals include a $32 million earn out […]

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Leonardo, Polish Firm Collaborate In Development of New Combat AW249

Leonardo and Polish Armaments Group (PGZ) have agreed to collaborate on development of a new combat helicopter, the AW249. The 249 would meet the Polish Army’s requirement for a new combat helicopter under the nation’s “Kruk” procurement program. The twin-engine AW249 would be used for air support and armed escort operations. It would have a […]

Raytheon AMRAAM air-to-air missile being fired from F-35 fighter in test in Oct. 2014. Photo: Air Force.

State Department Approves $740 Million In AMRAAM Sales To UK And Denmark

The State Department approved two possible Foreign Military Sales (FMSs) for the United Kingdom and Denmark to purchase a combined 228 Raytheon [RTN] AIM-120 Advanced Medium Range Air-to-Air Missiles (AMRAAM) worth a total of $740 million. The Defense Security Cooperation Agency (DSCA) notified Congress of the two FMSs on Tuesday. The U.K. approval includes a […]

Navy P-8A Poseidon maritime surveillance aircraft. Photo. U.S. Navy

New Zealand To Buy Four P-8A Poseidon Aircraft for $1.6 Billion

The New Zealand government on Monday approved a plan to acquire four Boeing [BA] P-8A Poseidon maritime patrol aircraft for $1.6 billion to replace its six legacy P-3K2 Orion aircraft. The Poseidons will be bought in a direct source procurement through the U.S. Foreign Military Sales (FMS) program. The aircraft are scheduled to be delivered […]

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Boeing Plans Separate Tie-Up With Embraer For Defense

Boeing [BA] on Thursday moved a step closer to establishing a strategic partnership with Brazilian aircraft maker Embraer [ERJ], announcing a pending $3.8 billion majority ownership stake in a commercial aircraft joint venture and also said the two companies would create another joint venture in defense. A key part of the defense joint venture will […]