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Tag Archives: Aegis

Navy Awards Huntington Ingalls $604M for Arleigh Burke Destroyer; George Nungesser Comments

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Huntington Ingalls Industries (NYSE: HII) has been awarded a $604.3 million contract modification to produce an additional Aegis-guided missile destroyer for the U.S. Navy. The Arleigh Burke-class missile destroyer DDG 121 is the third of five DDG 51 destroyers the company has been tasked to build under a contract awarded in June 2013, ...

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MDA Plans $3B SM-3 Production Contract for Raytheon

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The U.S. Missile Defense Agency plans to award Raytheon‘s (NYSE: RTN) missile systems business a potential three-year, $3 billion contract for Standard Missile-3 weapons. MDA expects to start awarding the sole-source contract’s funds to Raytheon in fiscal year 2015 under the agency’s Aegis Ballistic Missile Defense Program, according to a FedBizOpps notice posted ...

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Lockheed Wins Potential $304M to Engineer Aegis Test Sites

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Lockheed Martin (NYSE: LMT) has won a potential $304,402,466 U.S. Navy contract to provide technical engineering and other related services at three Aegis development and test sites. The cost-plus-incentive-fee, cost-plus-fixed-fee contract combines 72.9 percent of purchases for the Navy and the remaining 27.1 percent is covered under the foreign military sales ...

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Lockheed to Engineer Aegis Upgrade Under $1.4B MDA Contract

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Lockheed Martin (NYSE: LMT) has won a $69,386,572 contract modification to acquire equipment and other materials to engineer an upgrade baseline for missile defense systems on U.S. Navy destroyers. This sole-source, cost-plus-incentive-fee, cost-plus-award-fee contract modification increases the total contract value from $1,340,453,696 to $1,409,840,268, the Defense Department said Wednesday. The company’s ...

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Lockheed Wins Aegis Commercial Equipment Sale

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Lockheed Martin (NYSE: LMT) has won a a $29,478,449 to design, engineer and build commercial-equipment for Aegis computer programs and equipment. The company’s mission systems and training business will also help develop and test the equipment for an Aegis modernization program under a foreign military sales agreement, the Defense Department said ...

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Lockheed Wins $100M For Navy Shipboard Aegis Updates

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Lockheed Martin (NYSE: LMT) has won a $100,685,094 contract to update weapon and combat systems onboard U.S. Navy cruisers and destroyers. The company will also update Aegis Weapon System and Aegis Combat System for future surface combatant Aegis ship classes, the Defense Department said Monday. The Aegis Combat System Engineering ...

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Lockheed Installing, Testing Navy Aegis Systems For $1B

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Lockheed Martin (NYSE: LMT) will install ballistic missile defense systems on three U.S. Navy destroyers under a potential $1,316,430,438 Missile Defense Agency contract. The contract reached that value as the company won a $30,226,670 modification under a previously-awarded sole-source-cost-plus-incentive-fee/cost-plus-award-fee contract, the Defense Department said Thursday. This modification covers install, test, ...

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Lockheed Prime on Proposed $421M Japan Aegis Upgrade Sale

Lockheed Martin (NYSE: LMT) is the prime contractor on a proposed $421 million sale of Aegis Combat System upgrades to Japan, the Defense Security Cooperation Agency announced Monday. The agency said the sale includes modernization and upgrades to Aegis systems on two Atago-class destroyers with the goal of updating ballistic ...

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