Sign In
Search
Business/Financial

Lockheed Will Pay $4 Million Fine In Attempt To Sell Hellfire Missiles To United Arab Emirates: State Department

DDN
SHARE:

Classified Information Disclosed On JASSM Lockheed Martin Corp. [LMT] will pay a $4 million civil penalty for unauthorized actions the company took to sell Hellfire missiles to the United Arab Emirates (UAE), under a consent agreement with the State Department, the department announced. Lockheed agreed to make the payment, which State sought under two measures, the Arms Export Control Act, or AECA, and the International Traffic in Arms Regulations, or ITAR. According to the department, Lockheed took unauthorized actions to…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Advanced / Transformational Technology

Boeing’s Defense Segment Leveraging Palantir’s Analytics To Improve Operations, Programs

Air Force

Boeing F-47 Build Underway As USAF Targets 2028 First Flight

Air Force

Study Ongoing of Number of USAF Combat Coded Fighters Needed

Air Force

Updated Sentinel Acquisition Strategy in Works, EMD Approval Goal Early to Mid-2027

Trending

GE Aerospace, Kratos Begin Altitude Testing For New GEK800 Small Engine
Boeing’s Defense Segment Leveraging Palantir’s Analytics To Improve Operations, Programs
Ahead Of Orders, Anduril Plans To Produce New Cruise Missile At Scale
Northrop VP Touts Tests of ‘Every Stage of the Missile’ in Sentinel Program
Anduril Plans First Collaborative Combat Aircraft Flight In Semi-Autonomous Mode

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume