In March 2022, the Department of Defense announced the creation of its 5G and FutureG cross-functional team as part of its efforts to accelerate the development and delivery of cutting-edge technologies for the warfighter. Headed by Director Juan Ramirez, the unit oversees 5G-focused policy, guidance, research and development and acquisition acti...
HII (NYSE: HII) has received a $66.7 million cost-plus-incentive-fee contract modification from the U.S. Navy for the DDG 1000 Modernization Period execution. The Department of Defense said the award could reach its cumulative value of $70.8 million if its included options were exercised. The majority or 95 percent of contract work will be con...
RTX (NYSE: RTX) has secured a $344.6 million contract modification from the U.S. Air Force to produce guided, gliding precision munition with multimode seeker technology for domestic and international military customers. The modification covers the lot 10 production of StormBreaker, additional all up rounds, containers and trainers for the Air Force...
A unit within General Dynamics’ (NYSE: GD) mission systems business has secured a potential five-year, $108.9 million contract from the U.S. Navy to provide information assurance and reliability monitoring system software builds for the service branch’s submarines. The cost-plus-fixed-fee contract awarded to Progeny Systems has a one-year base p...
The Defense Finance and Accounting Service made a modification to Ernst & Young’s potential $200 million work to provide audit services and financial statement preparation to the Department of the Air Force. Under the contract modification, the project, which is expected to be completed by the end of 2024, has a base performance period of...
A Bechtel subsidiary has secured a $772.3 million contract to provide the U.S. Navy with nuclear power plant components installed in aircraft carriers and submarines. Bechtel Plant Machinery Inc. will perform contract work in Monroeville, Pennsylvania, and Schenectady, New York, through September 2033, the Department of Defense said Friday. Naval Se...
Strategic Alliance Business Group has booked a $114.5 million task order from the U.S. Air Force for advisory and assistance services in support of the Chief Operations Office of the Space Force. SABG will provide the Chief of Space Operations with technical, operational support, advisory and assistance services for its planning, coordinating and ex...
The U.S. Navy has awarded Bechtel Plant Machinery Inc. a pair of cost-plus-fixed-fee contracts worth $889 million in total for naval nuclear propulsion components. The first contract is worth $706 million while the second is valued at $183 million, with both having an expected completion date of September 2033, the Department of Defense said Thursda...
An RTX subsidiary (NYSE: RTX) has received a $407.6 million modification to a task order for the development of the Hypersonic Attack Cruise Missile in support of the Southern Cross Integrated Flight Research Experiment. In September 2022, a Raytheon and Northrop Grumman (NYSE: NOC) team secured a $985.3 million task order to bui...
Today, the digital environment plays a key role in the success of defense missions, making it more important than ever that forces located in remote environments – also referred to as the tactical edge – are able to stay connected to critical Department of Defense networks and systems. At the Potomac Officers Club’s Workloads a...
