Lockheed Martin (NYSE: LMT) will provide F-35 Joint Strike Fighter program management, nonrecurring requirements and training support for the government of Germany under a potential $622.4 million contract with the U.S. Navy. Work on the cost-plus-fixed-fee contract will occur in Texas, Florida and South Carolina through December 2027, the Departmen...
The U.S. Navy has exercised an option under a five-year shipbuilding deal with HII (NYSE: HII) to procure an Arleigh Burke-class guided missile destroyer in fiscal year 2023. HII will provide DDG 51 construction, engineering change proposals, design budgeting and post-delivery services to the service branch, the Department of Defense said Friday. Th...
Boeing (NYSE: BA) has secured a potential three-year, $115.1 million order against a previously awarded basic ordering agreement to provide the U.S. Navy with initial spares and repair equipment for the service’s MQ-25A Stingray aerial refueling drone to help improve the unmanned aircraft system’s readiness and reliability. Work on the firm-...
U.S. Navy Secretary Carlos Del Toro accepted his 2023 Wash100 Award during a recent meeting with Jim Garrettson, CEO of Executive Mosaic and founder of the elite recognition. Wash100 reached its 10th anniversary this year, a reflection of its enduring legacy as the government contracting industry’s highest honor. In each iteration o...
Boeing (NYSE: BA) will implement hardware and software updates to a training system designed for U.S. Navy’s P-8 maritime patrol and reconnaissance aircraft pilots under a $145.7 million order from the Naval Air Warfare Center Training Systems Division. The cost-plus-fixed-fee, firm-fixed-price order is for engineering and manufacturing develo...
General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has been awarded a potential five-year, $183.1 million contract to help the U.S. Navy manage nuclear regional maintenance department operations at the Naval Submarine Base New London in Connecticut. The cost-plus-fixed-fee award has a one-year base period, valued at $40 million and options ...
Textron (NYSE: TXT) has been awarded a $241.4 million contract by the U.S. Navy to procure materials and non-recurring services necessary for the construction of five Ship-to-Shore Connector boats. The branch will obligate $177.2 million in fiscal 2023 and 2022 shipbuilding and conversion funds on the undefinitized contract action for the Landi...
A Seneca Nation Group subsidiary has been awarded a five-year, $98.9 million contract to provide software support for three U.S. Navy information technology programs. The indefinite-delivery/indefinite-quantity award to Great Hill Solutions will include obtaining software licenses for the Navy Integrated Modeling Environment, Live Virtual Constructi...
RTX (NYSE: RTX) will provide updated seeker, navigation and GPS receiver technologies to the U.S. Navy for integration into Tomahawk missile systems under two contract modifications and a task order worth $165.4 million combined. The Navy allocated $124.3 million to buy 42 Maritime Strike Tomahawk Seeker suites for low-rate production three of the s...
HII’s (NYSE: HII) Ingalls Shipbuilding division and General Dynamics’ (NYSE: GD) Bath Iron Works subsidiary have received multiyear procurement contracts from the U.S. Navy to build nine DDG 51 Arleigh Burke-class guided-missile destroyers in Flight III configuration. Naval Sea Systems Command said Tuesday the fixed-price-incentive firm target a...
