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The Kuwait Ministry of Defence decided to allocate $10bn towards strengthening the country’s military capabilities.
The funds will be used to purchase new fighter jets, tanks and air defence systems, enhancing capabilities of the Kuwaiti Armed Forces over the next ten years.
The move is part of the country’s larger modernisation project, which aims to replace the legacy military weapons currently in use.
Under the indefinite delivery / indefinite quantity (IDIQ) contract, the company will provide information technology services to support global partner agencies, including the DIA, the Combatant Commands (CCMDs), and military services.
The DIA is a combat support agency that provides military intelligence to warfighters and defence policymakers, as well as force planners for military planning, operations, and weapon systems acquisition.
Under the terms of the deal, Lockheed will receive a one-time payment of $1.8bn, while the company’s shareholders will receive approximately 77 million Leidos shares with a projected value of $3.2bn.
The transaction is expected to be completed in the third or fourth quarter of 2016.
Battelle secured a position to bid for a $900m multiple-award contract, which is to provide logistics and services support to the US Department of Defence’s (Dod) Joint Program Executive Office for Chemical and Biological Defense (JPEO-CBD).
Under the terms of the joint enterprise contracted logistics and services support (JE-CLaSS) contract, the company will provide support to seven project managers within JPEO-CBD.
The service include individual and collective protection, decontamination, and information systems, medical devices, drugs and vaccines, installation and force protection systems and demilitarisation programmes.
The US Defense Security Cooperation Agency (DSCA) notified Congress of a potential $800m foreign military sale (FMS) of Hellfire missiles to Iraq.
Under the deal, Iraq requested the supply of 5,000 AGM-114K/N/R Hellfire missiles, ten 114K M36E9 captive air training missiles, and associated equipment and defence services.
Lockheed Martin will serve as the principal contractor.
The proposed sale will improve a critical capability of the Iraq Security Forces in defeating ISIS, thereby contributing to US foreign policy and national security goals.
The US inaugurated the new Aegis Ashore Phase II radar site and missile battery in a ceremony held in Bucharest, Romania.
The deployment was expected to strengthen security in the Euro-Atlantic area.
The Aegis Ashore Missile Defense System (AAMDS) at Devesulu in Romania constitutes an intrinsic part in Phase II of the European Phased Adaptive Approach (EPAA).
US President Barack Obama introduced a new gun control strategy to curb violence in the nation.
More than 30,000 deaths are recorded in the US each year as a result of gun violence, while over 4 million Americans were victims of assaults, robberies, and other gun-related crimes in the last decade.
The new strategy adopted by the US Government recommended strictly organised background checks to be conducted by licensed sellers.
Carried out by the MDA and industry partners, the test involved a Raytheon-built Exoatmospheric Kill Vehicle (EKV) completing a data-gathering mission.
The test launch aimed to evaluate system components, and increase their ability to destroy ballistic missile threats.
Valued at $75m, the undefinitised contract will see the company work on eight prototypes that will be mounted on an unmanned turret on the Stryker military vehicles.
Work under the contract was to be carried out at the company’s facility in Sterling Heights, Michigan, and deliveries were expected to be completed by January 2021.
The US Department of Defense contracted Raytheon to support the Defence Advanced Research Projects Agency’s (Darpa) Squad X Core Technologies (SXCT) programme.
Valued at $2.5m, the phase one contract required Raytheon to develop new technologies to enhance the efficacy and security of infantry squads.
Darpa’s SXCT programme aimed to accelerate the development of lightweight, integrated systems to give infantry squads greater awareness, adaptability and flexibility in complex environments.