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Tag Archives: Navy

BAE Unit Wins $79M Contract to Maintain Navy Amphibious Transport Dock

BAE Systems’ Norfolk, Virginia-based ship repair business has won a potential $79.4 million contract from the U.S. Navy to repair, update and maintain the USS San Antonio. The Defense Department said Friday that BAE Systems Norfolk Ship Repair will provide the facilities and personnel who will perform and coordinate the ship maintenance, repair …

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L-3 Subsidiary Receives $90M in Orders for Electro-Optical/IR Imaging Systems

TYSONS CORNER, VA, Jan. 5, 2017 — An L-3 Communications (NYSE: LLL) subsidiary has secured a series of contracts worth at least $90 million for electro-optical/infrared imaging systems, ExecutiveBiz reported Wednesday. L-3 WESCAM will provide its MX-series systems to the U.S. Navy, Department of Homeland Security, Air Force Special Operations Command, Thailand’s navy …

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General Dynamics-Built USS Rafael Peralta Concludes Acceptance Trials

TYSONS CORNER, VA, Jan. 3, 2017 — The U.S. Navy‘s General Dynamics-built (NYSE: GD) USS Rafael Peralta guided-missile destroyer has finished its two-day acceptance trials off the coast of Maine in an effort to evaluate the ship and its crew, Executive Gov reported Friday. The Navy said Wednesday its Board of Inspection and …

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December 31 & 2016 Market Close: GovCon Index Lower, Ends at 16% YTD Gain

Executive Mosaic’s GovCon Index retreated Friday in the final trading session of 2016 to close a negative December but but a positive year on a boost to defense stocks in the post-election rally that has swept through U.S. markets. The GovCon Index closes 2016 with a year-to-date gain of 16.73 percent as the U.S. stock …

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Boeing to Help Integrate Navy EA-18G Jammer Pods Under $308M Contract Modification

Boeing (NYSE: BA) has received a $308.3 million contract modification from the U.S. Navy to support the engineering change proposal integration of jammer pods onto EA-18G Growler aircraft. The Defense Department said Thursday the company will provide necessary equipment for system integration laboratories; design and manufacture 12 ECP 6472 A kits; and integrate, demonstrate and …

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DynCorp Wins $106M Navy Aircraft Maintenance, Logistics Contract

DynCorp International has won a $106.2 million contract to maintain and provide logistics services for aircraft and support equipment for the Naval Test Wing Atlantic. The Defense Department said Thursday that DynCorp will provide organizational-level maintenance for all rotary, fixed, lighter-than-air and unmanned aircraft on-site. Work will support project testing, transient …

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December 29 Market Close: GovCon Index Advances, US Stocks Turn Red After Russia Sanctions

Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned slightly negative as markets …

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Northrop to Provide System Software, Engineering Support to Navy Fire Scout Unmanned Helicopters

TYSONS CORNER, VA, Dec. 29, 2016 — Northrop Grumman (NYSE: NOC) has secured a $17.1 million contract from the U.S. Navy for system software and engineering services in support of the MQ-8 Fire Scout unmanned helicopter system, ExecutiveBiz reported Wednesday. The company will provide software design and system integration, qualification …

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Raytheon Secures $304M Navy Contract for Tomahawk Block IV Cruise Missile Production

Raytheon (NYSE: RTN) has been awarded a $303.7 million contract to provide 214 Tomahawk Block IV vertical launch system missiles and spares to the U.S. Navy. The company will also produce Tomahawk spares for the U.K. government under the firm-fixed-price contract, the Defense Department said Wednesday. Work will occur at various locations …

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Army Picks 6 Firms for $301M Environmental Remediation Services Contract

The U.S. Army has selected six companies to support environmental remediation efforts of the military branch’s engineering and support center under a potential five-year, $301 million contract. The Army Corps of Engineers received 17 proposals for the shared contract via an internet solicitation and work locations will depend on each order, the Defense Department said Wednesday. …

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