Latest News Mentioning U.S. Department of Navy

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In May 2022, the U.S. Navy solidified its focus on unmanned systems with the establishment of the Unmanned Surface Vessel Division One, a unit dedicated to unmanned surface vessels experimentation and fleet advocacy for the surface force. Since then, the service branch has continued to invest heavily in USV research, development and deployment eff...

Boeing (NYSE: BA) has secured a $102.7 million contract modification to help the U.S. Navy modernize the anti-submarine warfare capabilities of its P-8A maritime patrol and reconnaissance aircraft fleet. The company will produce and deliver 10 P-8A Increment 3 retrofit A-kits and three retrofit kit A-kit installs to the service branch under the modi...

General Dynamics' (NYSE: GD) NASSCO subsidiary will continue working on the maintenance, modernization and repair of USS Chung-Hoon (DDG 93) and USS James E. Williams (DDG 95) under a $438.5 million contract modification from the U.S. Navy. The award is for the Arleigh Burke-class destroyers' fiscal 2024 Depot Maintenance Period availabili...

Lockheed Martin's (NYSE: LMT) rotary and mission systems business has secured a potential four-year, $462.4 million contract to operate and maintain development and test sites for the U.S. Navy's Aegis combat system. Naval Sea Systems Command awarded the contract on a sole-source basis and expects work to conclude by January 2028....

Lockheed Martin (NYSE: LMT) has received a potential five-year, $1.15 billion contract modification from the U.S. Navy to help military customers activate F-35 sites and meet hardware requirements. The modification also covers planning and readiness reviews, contract management and production engineering support services for training device producti...

 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...

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...