Tag Archives: contract

Raytheon receives $66.4 million contract for SM-3 Block IIA missile

Raytheon Missile Systems has received a $66.4 million modification to an existing contract for the Standard Missile-3 Aegis Ashore ballistic missile defense program for the U.S. Missile Defense Agency. The modification will provide for engineering work, support services and analysis of the SM-3 Block IIA missile and BMD 5.1 flight testing and certification. The work will be conducted in Tuscon,… Read More »

Kratos receives $46.2 million contract for Saudi Arabian defense services

 Kratos Technology and Training Solutions has received a $46.2 million contract for training and technical services in support of the Kingdom of Saudi Arabia’s Vision 2030 defense development goals. The work from the U.S.-based company will primarily be conducted in Saudi Arabia and Orlando, Fla., and is expected to be finished by August 2020. $15.4 million in foreign military sales… Read More »

General Dynamics gets U.S. and U.K. sub fire control contract modification

The U.S. Department of Defense is awarding an $8.8 million contract modification to General Dynamics Advanced Information Systems for work on U.S. and U.K. ballistic and cruise missile submarine fire control systems. The modification will include maintenance on the attack weapon control systems and missile fire-control for the future U.S. Columbia-class and U.K. Dreadnought-class submarines. The work will be… Read More »

Hanjin: Final curtain falls on shipping saga

Hanjin Shipping used to be one of the world’s top 10 shipping companies. But now, the final curtain has fallen. This Friday, the firm was declared bankrupt by a South Korean court after months of uncertainty. Hanjin’s collapse is the largest to hit the shipping sector and it sent shockwaves through the industry. What went wrong? For years,… Read More »

Austria to sue Airbus over Eurofighter contract

Austria is to sue Airbus and the Eurofighter consortium over a 2 billion-euro (£1.7bn) deal to buy Typhoon warplanes. Its defence ministry said that following an investigation it believed Austria had been misled over the purchase price. It could sue the two companies for 1.1bn euros, it said. Airbus said the allegations had taken it by surprise and… Read More »