General Dynamics‘ (NYSE: GD) NASSCO subsidiary has secured a potential seven-year, $753.8 million contract from the U.S. Navy for depot maintenance of two Arleigh Burke-class ships. The service branch awarded firm-fixed-price, undefinitized contract action worth $15 million to repair, maintain and modernize the USS Chung-Hoon and USS James E. ...
Ken Diller, a military and industry veteran, has joined Millennium Corp. as vice president of business development. In this capacity, he oversees the company’s business development strategy, proposal and capture activities and works with the operations team to create strategies meant to help address complex challenges facing customers. Diller&...
It’s that time of the year: the Potomac Officers Club is ready to reveal initial details about its annual, definitive gathering on all things autonomous technology, the Artificial Intelligence Summit. 2024’s edition has been set for Feb. 28 and registration is now open. The 2024 AI Summit is the fifth consecutive iteration of an e...
The U.S. Navy awarded General Dynamics’ (NYSE: GD) electric boat business a $517.2 million contract to supply components and perform maintenance on Virginia-class attack submarines. The contract extends the service branch’s previous procurement and delivery order for spare parts from General Dynamics Electric Boat, which was last modifie...
A new McAleese & Associates report shows that defense prime contractors posted a 7 percent to 9 percent rise in sales during the second quarter of 2022 and record-high backlogs as the Department of Defense accelerates contract awards. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the...
Dennis Carr, former executive vice president and chief operating officer of Savannah River Nuclear Solutions, has assumed the president and CEO roles at the Fluor-led (NYSE: FLR) management and operating contractor for the Department of Energy’s Savannah River Site in South Carolina, Defense Daily reported Tuesday. He succeeds Stuart MacVean, ...
Explore the largest military shipbuilding companies, building the U.S. Navy and Coast Guard fleet and ensuring maritime strength and security. Strengthening maritime presence has consistently remained a key priority of the U.S. federal government. In pursuit of this objective, the military engages in contracts with the largest shipbuilding co...
The federal government allocates substantial financial services amounting to millions and even billions of dollars to procure a diverse range of services encompassing defense, weaponry, healthcare, cybersecurity, space missions, and more. Federal agencies enter into contracts with private companies that offer these specialized services to accomplish...
The Department of Defense announced a $20 billion increase to the potential value of a contract vehicle for technology research and development services to the Department of Defense Information Analysis Center. DOD on Wednesday listed the modification awardees under its IAC Multiple-Award Contract, saying the ceiling boost brings the program’s...
A new McAleese & Associates report estimates most defense prime contractors recorded a 3 percent growth in sales during the first quarter of 2023, indicating that labor availability is improving and supply chain deliveries are starting to stabilize. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, offered an an...
