Bechtel‘s plant machinery business has secured a potential $575.1 million cost-plus-fixed-fee contract from the U.S. Navy for various naval nuclear propulsion components. The Defense Department said Wednesday Bechtel Plant Machinery Inc. will perform work in New York and Pennsylvania and the Naval Sea Systems Command will obligate the ful...
United Technologies Corp.‘s (NYSE: UTX) Pratt & Whitney subsidiary has received a $167.5 million contract to fund long-lead engine materials needed for the low-rate initial production of lot 11 F-35s. Pratt & Whitney will supply 48 F135-PW-100 fighter engines for the U.S. Air Force, four F135-PW-100s for the U.S. Na...
The Defense Department has finalized a “unilateral contract” worth more than $6.1 billion to fund Lockheed Martin‘s (NYSE: LMT) low-rate initial production of 57 lot 9 F-35 fighter jets, Reuters reported Wednesday. Mike Stone writes the deal covers 42 F-35As for the U.S. Air Force, Japan, Israel a...
Military shipbuilder Huntington Ingalls Industries (NYSE: HII) has agreed to acquire government services contractor Camber Corp. for $380 million in a move to diversify revenue and add new information technology work with U.S. defense, intelligence and civilian agencies. Huntington Ingalls’ move for Camber comes in a year where other ...
Bechtel‘s plant machinery organization will continue work on naval nuclear propulsion components for the U.S. Navy under a $532.4 million modification to a previously awarded contract. The Navy will obligate $520.5 million in fiscal 2017 shipbuilding and conversion funds at the time of award of the modification, the Defense...
The U.S. Navy has awarded six companies contracts worth up to $230.6 million combined for curriculum development and maintenance services to the military branch’s Naval Training Products and Services Program. Each indefinite-delivery/indefinite-quantity contract has an ordering period of three years and a three-year option ...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $743.2 million modification under a previously awarded advance acquisition contract for the ninth batch of F-35 fighters. The Defense Department said Monday the modification allocates additional funds to address diminishing manufacturing and material shortages for redesign and development...
The State Department has approved Kuwait™s request to buy gap-filler radars and related support from the U.S. government under a potential $194 million foreign military sales agreement. Kuwait asked to procure six gap-filler or short-range radars and a long-range radar as well as services to support updates to the AN/FPS 117 (V)3 long...
The Boston Consulting Group has appointed Brad Carson, former acting undersecretary for personnel and readiness at the Defense Department, as senior adviser and named Trent Reasons, former director of analysis at the Treasury Department, as associate director. BCG said Tuesday Carson will support the management consult...
The U.S. Navy has awarded BAE Systems Inc., the British contractor™s U.S. subsidiary, a potential $618.3 million contract for the full-rate production of precision laser-guided rocket systems. The indefinite-delivery/indefinite-quantity contract covers the supply of FRP lots 5 to 7 Advanced Precision Kill Weapon System II rounds to the Navy, Ma...
