Latest News Mentioning U.S. Department of the Navy

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BAE Systems‘ ship repair business in Norfolk, Virginia, will help the U.S. Navy carry out extended dry-docking selected restricted availability activities for an Arleigh Burke-class guided missile destroyer under a potential $123.9 million contract. The project covers modernization, repair and maintenance work on the USS Ross (DDG 71) vessel f...

Ocean Shipholdings has won a potential $292.7 million contract to manage transportation auxiliary general ocean surveillance and missile range instrumentation vessels for the U.S. Navy’s Military Sealift Command.  The company will operate and maintain five T-AGOS and two T-AGM units used to monitor missile launches and back commandersR...

Zero trust has quickly gained a foothold in the U.S. federal government as the latest and greatest cybersecurity measure. At the start of 2022, the Office of Management and Budget released a memorandum that mandated a federal zero trust architecture strategy and required agencies to meet cybersecurity standards by fiscal year 2024’s close. Now, as...

Dr. Colin Chinn, chief medical officer of the global health and financial solutions sector at Peraton, has joined a federal advisory committee that advises the Department of Defense on health-related matters. He will serve a four-year term on the Defense Health Board and help provide independent advice to the DOD secretary on issues associated with...

Lockheed Martin (NYSE: LMT) has secured a $7.63 billion contract modification to continue lot 15 production of F-35 fighter jets and technical hardware for U.S. and international defense customers. The modification covers the delivery of 129 units of the aircraft’s conventional takeoff and landing, short takeoff/vertical landing and carrier varian...

Crowley‘s government services business will operate and maintain six container roll-on/roll-off vessels for the U.S. Navy’s Military Sealift Command under a potential five-year, $343.2 million contract. The company will provide support services to the government-owned Maritime Prepositioning Force fleet, which moves military equipment be...

Lockheed Martin (NYSE: LMT) has secured a $524.1 million contract modification from the U.S. Navy to obtain long-lead items, components and support services needed to build the 15th and 16th batches of F-35 aircraft for the Italian military. The procurement funds are for equipment and efforts required for manufacturing 14 units of the aircraft’s c...

A Thales subsidiary has acquired the remaining stake of Leonardo DRS in Advanced Acoustic Concepts, the joint venture between the two organizations, for an undisclosed amount as part of the former’s efforts to expand engineering offerings for the U.S. military. Thales Defense & Security Inc. now has full ownership of AAC, which generated $...

Does Lockheed Martin have government contracts? The primary activities of Lockheed Martin, a multinational security and aerospace company, are the design, research, manufacture, business development, integration, and maintenance of high-tech equipment.   Although the company is a private company, it mainly offers its products and services to th...