Bechtel™s plant machinery division has secured a potential $393 million contract to continue to supply nuclear propulsion components to the U.S. Navy. The Naval Sea Systems Command awarded the cost-plus-fixed-fee contract as part of the Naval Nuclear Propulsion Program, the Defense Department said Wednesday. The Energy Department™s Na...
Raytheon (NYSE: RTN) has received a potential $349.2 million contract modification to manufacture tools for the U.S. Navy™s future USS Lyndon B. Johnson destroyer. Raytheon will produce mission system equipment for the Zumwalt-class ship through October 2019 if the Navy exercises all options, the Defense Department said Thursday. Construct...
Northrop Grumman (NYSE: NOC) has received a $286 million contract modification from the U.S. Navy to produce and deliver one E-2D Advanced Hawkeye airborne early warning and control aircraft to Japan. The Defense Department said Wednesday that Northrop will also provide E-2D nonrecurring engineering assistance to the Japanese military through DoD...
TechLaw Holdings has acquired Colorado-based environmental services provider Summit Technical Resources, which the holding company plans to merge with its TLI Solutions subsidiary. TechLaw said Thursday Summit’s eventual merger with TLI is pending government approval for contract novation in late 2016. “This is an important par...
The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a potential two-year, $142.8 million foreign military sales contract to manufacture multiple rocket launchers equipped with crew protection cabs for the United Arab Emirates. The firm-fixed-price contract covers 12 armored High Mobility Artillery Rocket Systems, spares, software and training and ...
General Electric (NYSE: GE) has secured a potential $1 billion contract from Saudi Electricity Co. to engineer and build four gas turbines for SEC™s combined cycle power plant in Saudi Arabia. GE said Thursday it will also construct a steam turbine at its New York facility, provide turbine-related services and equip the engines with solar...
