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S. Korea to Spend More on Domestic Weapons: Minister

S. Korea to Spend More on Domestic Weapons: Minister

Defense Minister Jeong Kyeong-doo said Monday the government is pushing to spend more money on buying arms developed by South Korean companies to help them cope with the growing economic fallout from the new coronavirus.

Jeong made the remark during a meeting with chief executive officers of the …

Lockheed Wins $184M for S. Korean F-35 Fighters

Lockheed Wins $184M for S. Korean F-35 Fighters

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a $183,815,073 modification (P00096) to a previously awarded firm-fixed-price, fixed-price-incentive-fee, cost-plus-fixed-fee contract (N00019-15-C-0003).

This modification incorporates additional operation, se…

ATI Wins $181M for Precision Strike Missile Tech Maturation

ATI Wins $181M for Precision Strike Missile Tech Maturation

Advanced Technology International, Summerville, South Carolina, was awarded an ‘Other Transaction Authority’ agreement with a ceiling of $180,752,982 for enhanced technology maturation and risk reduction for Precision Strike Missile.

Work will be performed in Grand Prairie, Texas; and Summervill…

Boeing Wins $24M for B61-12 Nuclear Bomb

Boeing Wins $24M for B61-12 Nuclear Bomb

The Boeing Co., St. Louis, Missouri, has been awarded a $24,570,275 definitized, fixed-price-incentive-fee, cost-plus-fixed-fee modification (PZ0011) to contract FA2103-18-C-0061 for the B61-12 Life Extension Program.

The contract modification is to definitize contract action for Lot One and Lot…

Raytheon Wins $37M for Blackjack Overhead Persistent IR Payload

Raytheon Wins $37M for Blackjack Overhead Persistent IR Payload

Raytheon Co., El Segundo, California, has been awarded a $37,442,009 cost-plus-fixed-fee contract for the Blackjack program, Phase 2.

This contract provides for the research, development, and demonstration of an Overhead Persistent Infrared (OPIR) payload for Blackjack. Raytheon will complete de…

Baltic Republics Strengthen Airspace Surveillance

Baltic Republics Strengthen Airspace Surveillance

On June 11 the Seimas of the Republic of Lithuania approved the Law on the Agreement of the Governments of Estonia, Latvia and Lithuania on Ratification of Organisation of the Baltic Air Surveillance Network and Control System. The agreement outlines the cooperation of the three Baltic states on the…

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