Two BWX Technologies (NYSE: BWXT) subsidiaries have reached new agreements worth $2.1B combined to manufacture nuclear reactor components and fuel products for the U.S. Navy. BWXT Nuclear Operations Group and Nuclear Fuel Services will also provide support services to the U.S. Naval Nuclear Propulsion program, the company said Monday. Effo...
TYSONS CORNER, VA, February 11, 2019 ” Cubic (NYSE: CUB) and iGov will work to integrate commercial off-the-shelf hardware built by the former’s DTECH Labs subsidiary into a small-form-factor data communications platform for the U.S. Marine Corps under a previously awarded $174M contract, ExecutiveBiz reported Feb. 1. The Cubic Mission So...
A new report by consulting firm McAleese & Associates says General Dynamics (NYSE: GD) posted $36.2B in full-year 2018 sales, up 17 percent from the previous year. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report that the increase was primarily driven by $3.7B in ...
An Oshkosh Corp. (NYSE: OSK) subsidiary has received four contracts worth $232.7M combined from the U.S. Army to provide recapitalized Heavy Expanded Mobility Tactical Trucks, Palletized Load System trucks and new PLS trailers. Oshkosh Defense will aim to deliver the HEMTTs between July and November of next year, the Department of Def...
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 ...
L3 Technologies (NYSE: LLL) has secured a potential $120M contract to help the U.S. Air Force train aircrews of the B-2 Spirit bomber fleet. The company said Tuesday it will continue to support the B-2 Aircrew Training System for the military service to hone the skills of B-2 pilots and maintenance and weapons-loading person...
Thomas Lydon, formerly a senior vice president at Sabre Systems, has joined Chantilly, Va.-based technology integrator VT Group as president of the newly established aviation solutions division. He will oversee the combined business of VT Group™s global aviation services and the logistics and engineering capabilities of the newly acquired ...
Juan Garcia, a 26-year U.S. Navy veteran and former leader for global associate development at Amazon, has been named a managing director for the defense, security and justice sector at Deloitte Consulting™s government and public services practice. He will work with federal agencies to help them address workforce transformation goals, Delo...
General Dynamics™ (NYSE: GD) Bath Iron Works subsidiary has received a potential five-year, $719M contract to extend planning yard services for the U.S. Navy™s Arleigh Burke-class guided missile destroyers. The contract has a one-year base value of $126M and covers DDG 51 logistics, design, material kitting, planning and executio...
Consulting firm McAleese and Associates has released a report that provides an overview of the financial performance of Northrop Grumman (NYSE: NOC) during the fourth quarter and full year 2018. Northrop saw its 2018 sales jump 16 percent to $30B driven by sales growth at its innovation systems business and aerospace systems segment. Jim McAleese,...
