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DDI for Fri. January 26, 2018, Vol. 20, Issue 4

State Department OK’s $6.5 Billion Sale Of 34 F-35s To Belgium

The State Department approved a possible $6.5 billion Foreign Military Sale (FMS) to Belgium for 34 Conventional Take-off and Landing (CTOL) F-35A variants.The Defense Security Cooperation Agency (DSCA) told Congress of the certification on Jan. 19.Belgium requested 34 Lockheed Martin [LMT] F-35s along with 38 Pratt & Whitney F-135 engines (34 installed, four spares), Electronic Warfare Systems;…

BAE, HII, and GD Win $238 Million Contract For Maintenance Of Surface Combatants

The Navy awarded Britain’s BAE Systems, Huntington Ingalls Inc.’s Continental Maritime [HII], and General Dynamics National Steels and Shipbuilding Co. (NASSCO) [GD] a combined $238 million modification for maintenance of destroyers and cruisers at San Diego on Jan. 19.Previously, the three companies won firm-fixed-price indefinite delivery/indefinite quantity contracts to conduct complex, emergent and continuous maintenance and Chief of Naval…

Oshkosh Expects Flood Of Foreign JLTV Orders Once Army Ramps Production

Oshkosh [OSK] continues to ramp up production of the Joint Light Tactical Vehicle (JLTV) for the Army and in anticipation of increased demand overseas, according to President and Chief Executive Wilson Jones.JLTV is currently in low-rate initial production, but a decision to enter full-rate production (FRP) is expected in early 2019, Jones said Jan. 25 during…

BAE Wins $47 Million For Four More Upgraded Mk 45 Naval Guns

The Navy awarded Britain’s BAE Systems A $47 million contract option to deliver four more Mk 45 5-inch naval guns, upgrading existing units, the company said Jan. 22.This is a modification to an initial 10-gun contract that will now upgrade four existing Mk 45 guns to the Mod 4 configuration, which will increase their range and firepower.Mk…

World Economic Forum Announces New Global Centre For Cybersecurity

The World Economic Forum (WEF) is taking the next step after listing cyber security as one of its top global risks for 2018 with the launch of a new Global Centre for Cybersecurity in the Spring.The new center, announced Jan. 24 at the WEF’s annual forum in Davos, Switzerland, will be based in Geneva and…