A McAleese & Associates report says the House Appropriations Committee passed a spending bill that would authorize $690B in fiscal 2020 funds for the Department of Defense, reflecting a 2.3 percent increase from DoD’s current budget. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in t...
Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary will build and deliver a total of 12 CH-53K King Stallion helicopters to the U.S. Navy under a $1.13B contract modification. This award is for low-rate initial production lots 2 and 3 including logistics support and aircraft system spares, the Department of Defense said Friday. The Navy will ob...
Johns Hopkins University Applied Physics Laboratory has been awarded a $2.35B contract modification by the U.S. Navy to provide research, development and engineering services to Department of Defense programs. This award increases the maximum ceiling amount of APL’s indefinite-delivery/indefinite-quantity contract to $7.11B, the Pentagon said ...
James LaCroix, a more than 35-year veteran of the U.S. Navy’s Naval Undersea Warfare Center, has joined Huntington Ingalls Industries (NYSE: HII) as corporate director in charge of advanced technologies. He will report to John Donnelly, vice president of the advanced technologies office at HII, and oversee its work with NUWC Newport Division a...
LiteFighter System has won a potential four-year, $200M contract from the Defense Logistics Agency to provide commercial-off-the-shelf shelters and tents to the U.S. Army, Air Force, Navy and Marine Corps. The service-disabled veteran-owned company will perform work at various locations in Kentucky, Mississippi and Georgia over a one-year base perio...
Point Blank Enterprises has received a one-year, $92.9M contract from the Defense Logistics Agency to supply four U.S. service branches with updated small arms protective inserts. Work under the sole-source firm-fixed-price, indefinite-quantity contract will take place in Florida through March 2021, the Department of Defense said Monday. The company...
American Medical Depot and Beacon Point Associates have won separate contracts worth $94M combined from the Defense Logistics Agency to deliver medical or surgical supplies to U.S. military services and federal civilian agencies. DLA awarded $49M to Beacon Point and another $45M to AMD after two competitive acquisition efforts with a total of 2...
A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) saw its sales rise 22 percent to $8.2B in the first quarter of 2019 and recorded a sector operating profit growth of 27 percent. Jim McAleese, founder and principal of McAleese & Associates and a 2019 Wash100 winner, wrote the Falls Church, Va.-based def...
Raytheon (NYSE: RTN) has received a $419M contract modification to produce AIM-9X Sidewinder all up rounds for the U.S. Navy and U.S. Air Force as well as 24 countries under the foreign military sales program. The modification exercises an option under a previously awarded fixed-price-incentive-firm contract and covers lot 19 production of Block II ...
Northrop Grumman (NYSE: NOC) received a potential two-year, $132.3M contract to help integrate counter-missile systems onto aircraft for the U.S. Navy and U.S. Army as well as the governments of Norway and U.K. under the foreign military sales program. The undefinitized contract action covers the procurement of Large Aircraft Infrared Countermeasure...
