A new report by consulting firm McAleese & Associates says investors expect Huntington Ingalls Industries (NYSE: HII) to return to 10 percent shipbuilding operating margins in 2019. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the figure could be driven b...
Three companies have won positions on a potential five-year, $40M contract to design and engineer various marine platforms for the U.S. Navy. The Puget Sound Naval Shipyard and Intermediate Maintenance Facility received five offers for the multiple-award indefinite-delivery/indefinite-quantity, firm-fixed-price contract via a competitive a...
The U.S. Navy has exercised the third option period on indefinite-delivery/indefinite-quantity contracts with BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) to maintain the military branch’s amphibious ships. Each contractor will have the chance to vie for complex, emergent and continuous ...
Huntington Ingalls Industries™ (NYSE: HII) Newport News Shipbuilding division will design and build two Gerald R. Ford-class aircraft carriers for the U.S Navy under a $15.2B contract modification. The company said Thursday it will construct the future Enterprise vessel, designated CVN 80, and the yet-to-be-named CVN 81 ...
The U.S. Navy has awarded six companies spots on a potential five-year, $249M contract to provide design-build and design-bid-build services within Naval Facilities Engineering Command’s Mid-Atlantic Hampton Roads area of responsibility. Contractors may vie for construction, renovation, alteration, demolition and repair task orders under ...
Lockheed Martin (NYSE: LMT) has received a $100.6M contract modification from the U.S. Air Force to design, develop, integrate and test subsystem design changes for the extended range variant of the Joint Air-to-Surface Standoff Missile system. The project will center on the JASSM-ER wings and chines and work under the modification is scheduled...
A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its fiscal 2018 sales rise 8 percent to $53.8B and the increase was primarily driven by revenue growth in the Bethesda, Md.-based company’s aeronautics and missiles and fire control segments. Jim McAleese, founder and principal of McAleese &...
Kelly Olson, former acting director of technology transformation services at the General Services Administration, has joined Adobe (Nasdaq: ADBE) as head of industry strategy and marketing for public sector. She will work to develop a go-to-market strategy and a digital experience messaging approach for the software company’s en...
BAE Systems, Huntington Ingalls Industries (NYSE: HII) and General Dynamics (NYSE: GD) NASSCO subsidiary have received $90.2M in total contract modifications to help the Chief of Naval Operations maintain surface combatant vessels stationed in San Diego. All three contractors will continue to bid for complex, emergent and continuous maintenance...
TYSONS, Va., Jan. 15, 2019 /PRNewswire/ — Executive Mosaic, the leading executive media and events company in the government contracting market, today announced the recipients of the 2019 Wash100 awards. The Wash100 recognizes the most influential and impactful executives of consequence at the intersection of government and industry. This...
