Navy Orders 2 Lockheed Submarine Sonar Arrays

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Lockheed Martin (NYSE: LMT) has received an $8 million contract modification to provide the U.S. Navy with two additional sonar systems intended to help submarines avoid other vehicles under the sea. The Defense Department said Thursday the company will produce two AN/BQQ-25 low cost conformal arrays and associated outboard electronic canisters and spare parts. The modification exercises an option...

Huntington Ingalls 3Q 2014 Revenue Up 5%; Mike Petters Comments

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Mike Petters Huntington Ingalls Industries (NYSE: HII) has announced financial results for the third quarter of its 2014 fiscal year ended Sept. 30, 2014. The submarine and ship manufacturer posted a 4.9-percent revenue increase to $1.72 billion from the same period in 2013 and booked $400 million in new contract awards for the third quarter. Total backlog at the end of the quarter is $22.8 billion...

General Dynamics to Update US, Australian Sub Combat Control Systems; Mike Eagan Comments

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A General Dynamics (NYSE: GD) business unit has received $50 million in contract modifications to continue modernization work for combat control systems in U.S. and Australian naval submarines. General Dynamics Advanced Information Systems has worked on the AN/BYG-1 combat control systems since 2003, General Dynamics said Tuesday. “By introducing our open architecture framework into these...

General Dynamics-Huntington Ingalls Team Awarded $18B to Build Subs; Jeffrey Geiger, Matt Mulherin Comment

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General Dynamics (NYSE: GD) Electric Boat subsidiary and Huntington Ingalls’ (NYSE: HII) Newport News Shipbuilding will continue to jointly construct submarines for the U.S. Navy under a $17.6 billion contract. The team will work to develop 10 additional Virginia-class Block IV submarines over five years beginning on May 1 and deliver the tenth submarine in 2023, General Dynamics said Monday. Matt...

Lockheed to Update Navy Submarine Imaging Tech

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Lockheed Martin (NYSE: LMT) has won an $8.8 million contract to provide the U.S. Navy with 20 AN/BVY-1 integrated submarine imaging systems, Military Aerospace & Electronics reported Sunday. John Keller writes the Naval Sea Systems Command awarded the contract to Lockheed’s mission systems and training segment and it expects delivery by September 2015. AN/BVY-1 is built to provide visual...

Navy Schedules Unmanned Underwater Vehicle Industry Seminar

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The U.S. Navy will brief industry in October on a program to build an unmanned underwater vehicle for long-term coastal operations, Military & Aerospace Electronics reported Thursday. John Keller writes the Naval Undersea Warfare Center and Naval Sea Systems Command will jointly discuss the Large Displacement Unmanned Undersea Vehicle program with interested companies on Oct. 16 at an Alion Science...

General Dynamics Wins $209M for Navy Submarines

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A General Dynamics (NYSE: GD) subsidiary has won a $208.6 million contract modification to acquire lead-time materials for three U.S. Navy submarines. General Dynamics Electric Boat will purchase components such as steam and electrical-plant parts, main propulsion unit and turbine generators, and miscellaneous hull, mechanical and electrical systems, General Dynamics said Monday. The contract modification...

General Dynamics Wins Hartford Submarine Dry Dock Award

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General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has won a $9,504,885 contract modification to continue maintenance and modernization work on a U.S. Navy submarine. The modification covers fiscal year 2013 dry-docking selected restricted availability of the USS Hartford, the Defense Department said Friday. Work will include maintenance activities, upgrades and modernization efforts aimed...

Northrop Helping Produce Navy Mine Defenses

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Northrop Grumman (NYSE: NOC) has won a $28,557,888 modification contract to provide engineering services for the U.S. Navy‘s Littoral Combat Ship program. The company will help plan production of mission packages to be integrated with the ships and aim to evaluate system maturity, the Defense Department said Friday. Mission packages are intended to focus on mine warfare and emphasize mine countermeasures,...

General Dynamics and Huntington Ingalls Win $4.5B to Design, Build Navy Submarines

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General Dynamics Corp. and Huntington Ingalls Industries Inc. have won up to $4.5 billion as part of three submarine contracts from the U.S. Navy, according to a Reuters report. General Dynamics is tasked to perform research and development on a new submarine to replace the current Ohio-class vessels carrying nuclear weapons under a five-year cost-plus, fixed-fee contract valued at up to $1.99 billion,...