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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....
Science Applications International Corp. (NYSE: SAIC) has received a five-year, $375 million contract from the U.S. Navy to support the Naval Information Warfare Center Atlantic in the fielding and integration of land-based vehicle platforms across various defense services. The company will perform production engineering, integration, installation,...
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 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-...
New York-based construction and development company Skanska has secured a $146.8 million contract from the U.S. Navy to design and build a new National Oceanic and Atmospheric Administration facility on Naval Station Newport in Rhode Island. The Atlantic Marine Operations Center must accommodate four large vessels and feature a floating dock for sma...
Andy Lowery has been promoted from chief operating officer and manager of commercial operations to CEO of Epirus. The company said Monday Lowery will step in for Ken Bedingfield, who is leaving after four years working for the organization. Lowery started at Epirus in 2021 as chief product officer. Prior to that, he co-founded and...
An RTX (NYSE: RTX) subsidiary will provide the U.S. Navy and foreign partners with guided missile assemblies, shipping containers and spares to meet the fiscal 2023 requirements of the Evolved Seasparrow Missile Block 2 program under a $94.1 million contract modification. Raytheon secured a potential $1.28 billion award in September 2...
