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FINANCIAL NEWS
Saudi Arabia awards $40m contract to Lockheed
22 May 2010
(MENAFN) Lockheed Martin has signed a $40 million foreign military sales contract to deliver Sniper Advanced Targeting Pods (ATPs) to the Royal Saudi Air Force, Reuters reported.
This is the second Sniper ATP purchase in a multi-year precision sensor modernization program to improve precision targeting, intelligence, surveillance and reconnaissance capability of Royal Saudi Air Force F-15S aircraft, a statement said.
The Royal Saudi Air Force first purchased Sniper pods in March 2009. Operational evaluation of the pod on the F-15S concluded in January of this year, with the Royal Saudi Air Force declaring the pod mission ready.
Deployed in theater on US Air Force and coalition partner F-15, F-16, A-10 and B-1 aircraft, the Sniper ATP is also operational on the CF-18 and Harrier GR7 and GR9 aircraft. Platform expansion continues with the B-52, Tornado, Typhoon, unmanned aerial vehicles and additional aircraft.
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