Latest News Mentioning U.S. Department of Navy

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 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...

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...

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...

A Lockheed Martin (NYSE: LMT) subsidiary has received a $168.2 million contract from the U.S. Navy to cover long-lead materials needed to manufacture Lot 9 CH-53K heavy-lift helicopters. Under the advance acquisition award, Sikorsky will provide parts and components needed to manufacture 21 CH-53K aircraft for the Marine Corps, the De...

Thirteen companies have secured spots on a potential $249 million indefinite-delivery/indefinite-quantity contract to provide military facility construction and demolition services to the U.S. Navy. Dawson Enterprises, Heffler Contracting Group, Herman Construction Group, HHI Corp. and R.A. Burch Construction Co. will perform design-build or design-...

The Department of State approved a proposed $2 billion sale of devices, equipment and other services to support a training program under the Australia-United Kingdom-United States, or AUKUS, trilateral security alliance for the Indo-Pacific region. The Defense Security Cooperation Agency announced Friday that the foreign military sale to the Austral...

Pratt & Whitney, an RTX (NYSE: RTX) business, has received a $701.9 million contract modification from the U.S. Navy to continue providing services in support of F-35 propulsion systems fielded by domestic and international military customers. The contractor will perform recurring sustainment, program management, propulsion integration, engineer...

Northrop Grumman (NYSE: NOC) has received a potential $235.7 million contract from the U.S. Navy to produce and deliver 118 units of a guided air-launched missile under Lot 3 low-rate initial production phase. The company will provide 84 AGM-88G Advanced Anti-Radiation Guided Missile Extended Range all-up rounds for the Navy and 34 AGM-88G AARGM AUR...