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Navy Awards FFG(X) Frigate Conceptual Design Contracts to 5 Firms

The U.S. Navy has awarded five companies contracts to come up with a conceptual design of the service’s future guided missile frigate. The Naval Sea Systems Command received six proposals for the firm-fixed-price contracts as part of the FFG(X) ship program, the Defense Department said Friday. NAVSEA selected Austal, Fincantieri Marinette …

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Army Taps General Dynamics, Leidos for $200M Geospatial Support Contract

Leidos (NYSE: LDOS) and General Dynamics‘ (NYSE: GD) One Source business have won a potential five-year, $200 million shared contract to provide technical expertise in support of U.S. Army geospatial programs. The Defense Department said Monday the hybrid contract includes work to help the service branch coordinate, integrate and synchronize geospatial data standards and requirements. …

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General Dynamics to Buy CSRA in Potential $9.6B Deal; Phebe Novakovic, Larry Prior Comment

General Dynamics (NYSE: GD) has agreed to acquire CSRA (NYSE: CSRA) for approximately $9.6 billion in a move to form a combined information technology platforms provider in the government IT services sector. General Dynamics said Monday it will pay $40.75 in cash for each share of CSRA stock and assume …

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Navy Releases Multiyear Arleigh Burke-Class Destroyer Procurement RFP

The U.S. Navy has issued the final request for proposals for multiyear contracts to procure Flight III Arleigh Burke-class guided missile destroyers (DDG-51). The service branch said Thursday the multiyear procurement contracts will run from fiscal year 2018 through FY 2022 and will be limited for competition between Huntington Ingalls …

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Report: Defense Companies Plan Capital Expenditures Amid Rise in DoD Contracts

Some contractors have expressed plans to increase their investments in production capacity and facilities in fiscal year 2018 and in the next few years as the Defense Department starts to ramp up contract obligations, USNI News reported Wednesday. Jason Aiken, chief financial officer at General Dynamics (NYSE: GD), told analysts …

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Navy Awards $158M in Amphibious Ship Support Contract Modifications to BAE, General Dynamics, HII Subsidiaries

The U.S. Navy has awarded $158 million in contract modifications to subsidiaries of BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) to perform maintenance work on amphibious ships homeported in San Diego. BAE’s San Diego Ship Repair unit, HII’s Continental Maritime of San Diego  subsidiary and General Dynamics’ NASSCO business will help the Navy maintain, repair or …

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General Dynamics’ Gulfstream Secures $118M US Military Aircraft Logistics Contract Option

A General Dynamics (NYSE: GD) subsidiary has received a potential $118.3 million contract modification to extend contractor logistics support for the U.S. military’s the C-20  and C-37 fleet. Gulfstream Aerospace will continue to support both military aircraft platforms for the  U.S. Air Force, Coast Guard, Marine Corps and Navy through Aug. 31, the Defense Department said Thursday. The modification …

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Former L3 Exec Mike Greenley Named Maxar’s MDA Group President

Mike Greenley, formerly sector president at L3 Technologies’ (NYSE: LLL) Wescam subsidiary, has been appointed group president of Maxar Technologies’ (NYSE: MAXR) MDA business unit in a move that takes effect Jan. 15. Greenley will directly report to Howard Lance, Maxar president and CEO, and oversee MDA’s approximately 1,900 employees …

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General Dynamics to Supply Navy Digital Modular Radios Under Potential $209M IDIQ

General Dynamics‘ (NYSE: GD) mission systems business has received a potential five-year, $208.9 million contract to produce, test and deliver AN/USC-61(C) digital modular radio systems and high-frequency distribution amplifier group components to the U.S. Navy. The Defense Department said Wednesday GDMS will also provide spares and engineering services intended to help …

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Triumph Group to Merge Aerospace & Precision Tech Businesses

Berwyn, Pennsylvania-based aircraft component manufacturer Triumph Group (NYSE: TGI) plans to merge its Precision Components and Aerospace Structures businesses into a new business unit slated to launch Jan. 1. Pete Wick, executive vice president of Precision Components, will serve as EVP of the newly combined business unit that will operate …

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