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 by James Laporta Washington (UPI) May 1, 2018
Raytheon has been tapped by the U.S. Army for anti-tank missiles for the governments of Oman and Taiwan. The deal, announced Monday by the Department of Defense, is valued at more than $129.9 million, which is a modification to a previous Pentagon award. The contract from U.S. Army Contracting Command enables Raytheon to provide the Tube-launched Optically tracked Wireless-guided missiles, known as TOW missiles, used by both the U.S. Army and Marine Corps, to the foreign militaries of Oman and Taiwan. Work on the contract will occur in Tucson, Ariz., and Farmington, N.M., and is expected to be complete in September 2021. The total amount of the contract will be obligated to Raytheon at time of award, the Defense Department said. The obligated funds will be obligated from fiscal years 2010, 2016, 2017 and 2018 foreign military sale accounts, including Army other procurement funds.
Lockheed Martin to supply rocket systems to 3 countries Washington (UPI) Apr 30, 2018 Lockheed Martin has been awarded a contract from the U.S. Army for guided multiple-launch rocket systems for various foreign countries. The contract, announced Friday by the Department of Defense, is valued at more than $828.7 million under the terms of a hybrid cost-plus-fixed-fee, firm-fixed-price and fixed-price-incentive foreign military sale contract. The U.S. Army Contracting Command's deal with Lockheed Martin enables the company to provide guided multiple-launch rocket systems to ... read more
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