According to the Department of Defense, “Huntington Ingalls Industries, Inc., a wholly owned subsidiary of Northrop Grumman (NYSE: NOC) is being awarded a $1, 496, 200, 000 fixed-price-incentive modification to previously awarded contract (N00024-06-C-2222) for the procurement of the detail design and construction of LPD 26, the future USS John P. Murtha, the 10th ship in the LPD 17 amphibious transport dock ship class. Work will be performed in Pascagoula, Miss. (82 percent); Crozet, Va. (4 percent); Beloit, Wis. (2 percent); and New Orleans, La. (1 percent). Other efforts will be performed at various sites throughout the United States (11 percent). Work is expected to be completed by February 2016. Contract funds will not expire at the end of the current fiscal year. The contract was not competitively procured. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.”
The U.S. Air Force has awarded the System of Systems Consortium a $355M contract modification to support research, development, test and evaluation work on propulsion technologies.
President Donald Trump highlighted F-35 support activities during his recent visit to a facility operated by Lockheed Martin's (NYSE: LMT) Derco Aerospace subsidiary in Milwaukee.