Latest News Mentioning U.S. Department of the Navy

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Boeing (NYSE: BA) received a potential two-year, $163.9M amendment under a U.S. Navy contract for aircraft service life modification work. The company said Friday it will continue to modernize the Navy’s F/A-18 Super Hornet jets and establish a second SLM line under the program. Establishment of a San Antonio-based line will follow the existin...

The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a potential $1.47B contract to build the first landing platform dock under the LPD-17 Flight II program. HII said Tuesday its Ingalls Shipbuilding division will perform detail design and construction of LPD 30, which will serve as the 14th vessel of the Navy’s San Antonio...

Boeing (NYSE: BA) has received a potential three-year, $4.04B contract modification to provide 78 F/A-18 Super Hornet jets with Block III configuration to the U.S. Navy. The Department of Defense said Wednesday the contract will fund the full-rate production of 61 F/A-18Es and 17 F/A-18Fs for fiscal year 2018 through fiscal 2021. DoD noted the ...

Boeing (NYSE: BA) will build four MQ-25 Stingray carrier-based drones for the U.S. Navy under a potential six-year, $805.3M engineering and manufacturing development contract. œAs a company, we made an investment in both our team and in an unmanned aircraft system that meets the U.S. Navy™s refueling requirements, ...

TYSONS CORNER, VA, July 10, 2018 ” Kratos Defense and Security Solutions (Nasdaq: KTOS) will unveil this week the BQM-177A subsonic aerial target system that it developed under a $34.6 million U.S. Navy contract modification, ExecutiveBiz reported Monday. The target drone will replace the existing platform that the service branch uses to s...

TYSONS CORNER, VA, June 27, 2018 ” Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division has rolled out the latest Virginia-class, nuclear-powered fast-attack submarine to the U.S. Navy, ExecutiveBiz reported Tuesday. HII said Monday USS Indiana, which it built through a partnership with General Dynamics&...

Metal Shark has won a potential $90 million contract to build up to 50 next-generation patrol boats for the U.S. Navy. The Navy initially ordered 11 PB(X) vessels along with with trailers, spares, training packages and technical support services, Metal Shark said Monday. The company aims to construct a welded-aluminum pilothouse ...

TYSONS CORNER, VA, June 8, 2017 ” Boeing (NYSE: BA) will deliver portable trainers for P-8A Poseidon aircrew and operators so that the U.S. Navy can train relevant personnel while deployed overseas, ExecutiveBiz reported Wednesday. The company said Tuesday the Navy awarded a contract for seven Deployable Mission Readiness Trainer...

Raytheon (NYSE: RTN) has secured a potential $300 million contract to design and build an anti-submarine technology for U.S. Navy personnel to locate and track enemy submarines from littoral combat ships. The Navy awarded the contract following the completion of a study and production assessment of Raytheon’s Variable ...