Latest Industry Projects

The plans for expansions and the current business updates in an official statement from the supplier company.

Lockheed Martin received $1.45 Billion Production and Delivery Contract for PAC-3 Missiles

Introduction: Lockheed Martin was awarded a new $1.45 billion contract for production and delivery of Patriot Advanced Capability-3 (PAC-3) and PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptors from United States and Allied Military Forces. Features: The contract includes PAC-3 and PAC-3 MSE missile deliveries for the U.S. Army, and Foreign…

Raytheon Received $235 Million Production Contract for Standard MIssile-6 from U.S. Navy

Introduction: Raytheon Company was awarded $235 million for Standard Missile-6 all-up round production missiles and spares from U.S. Navy. Features: The delivery of the Missile-6 will start in 2018 and it will deploy on Aegis Cruisers and destroyer to support U.S. Navy fleet Operation. The contracted missiles will include an…

Lockheed Martin received $1.2 billion contract to Modernize Republic of Korea F-16s

Introduction: Lockheed Martin was awarded a $1.2 billion contract to upgrade 134 F-16 aircraft for the Republic of Korea Air Force (ROKAF). Features: The upgrades are based on the advanced F-16V configuration. Among the enhancements are an Active Electronically Scanned Array (AESA) radar, a modern commercial off-the-shelf (COTS)-based avionics subsystem,…

Oshkosh Defense, LLC received $409 Million Family of Medium Tactical Vehicle(FMTV) production contract from U.S. Army

Introduction: The U.S. Army has awarded Oshkosh Defense, LLC, an Oshkosh Corporation company, a $409 million contract to produce 1,661 Family of Medium Tactical Vehicle (FMTV) trucks and 31 trailers, under Order Year 7 of the current FMTV contract. Features: The current generation FMTV A1P2 is comprised of 17 models…

Raytheon Received $255 Million Contract To Complete Development Of Next Generation Precision Landing System From US Navy

Introduction: The U.S. Navy awarded Raytheon Company a $255 million contract for development and production readiness of its next generation precision landing system. Features: The Joint Precision Approach and Landing System uses GPS satellite navigation to provide more accurate landing guidance for manned and unmanned aircraft, replacing radar and beacons…

Lockheed Martin received $148 Million contract to Upgrade U.S. Navy’s Shipboard Electronic Warfare Systems

Introduction: The U.S. Navy awarded $148.9 Million contract to Lockheed Martin for full rate production of Surface Electronic Warfare Improvement Program (SEWIP) Block 2 systems with four additional option years to upgrade the fleet’s electronic warfare capabilities so warfighters can respond to evolving threats. Features: Under this full-rate production contract,…

Raytheon received $523 Million Standard Missile-3 Production and Delivery Contract from U.S. Missile Defense Agency

Introduction: The U.S. Missile Defense Agency exercised a $523 million contract option with Raytheon Company to produce, test and deliver 47 Standard Missile-3 (SM-3) Block IB interceptors for operational testing and deployment. Features: SM-3's sophisticated capability to destroy enemy ballistic missiles in space, and its flexibility to deploy from land…

Harris Corporation received $41 Million contract to Modernize Military Enterprise SATCOM Terminals

Introduction: Harris Corporation has received $41 million in orders to provide technology, installation and support for U.S. Army’s MET program. Features: This orders includes production, spare parts, depot, and installation of advanced satellite communications terminals under the U.S. Army's Modernization of Enterprise Terminals (MET) program. The orders were received during…

General Dynamics received $106 Million Advance Procurement Contract for U.S. Navy’s Fifth Expeditionary Mobile Base

Introduction: General Dynamics NASSCO, a subsidiary of General Dynamics, was awarded a $106 million contract by the U.S. Navy to procure long lead time material and engineering support for the Expeditionary Mobile Base 5. Features: This Expeditionary Mobile Base 5 (ESB-5) is formerly known as the Mobile Landing Platform Afloat…

Oshkosh Corporation received $243 Million Order for Next Generation Light Tactical Vehicles from U.S. Army

Introduction: Oshkosh Defense, LLC, an Oshkosh Corporation company, announced that the U.S. Army has placed an $243 Million order for the Joint Light Tactical Vehicle (JLTV). Features: This order for the Joint Light Tactical Vehicle (JLTV) program including 657 vehicles, 2,977 installed kits and related support. The Oshkosh JLTV delivers…