Latest News Mentioning U.S. Department of the Navy

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Progeny Systems has won a potential eight-year, $98M contract to help the U.S. Navy engineer systems. The contract has a $25.7M base value and would reach its potential value if the military service exercises all options, the Department of Defense said Tuesday....

Lockheed Martin (NYSE: LMT) has secured a potential five-year, $1.22B contract modification to produce Trident II D5 missiles and support deployed systems for the U.S. and U.K. navies. The modification has a base value of $494.9M and will reach its potential maximum dollar value if all options are exercised, the Department of Defense said Monday...

A Vigor Industrial subsidiary has won a potential two-year, $303.7M contract to modernize two Ticonderoga-class cruiser ships for the U.S. Navy. Vigor Marine will update, maintain and repair USS Chosin and USS Cape St. George systems under the firm-fixed-price contract, the Department of Defense said Friday....

The U.S. Navy has named Aaron Weis, former senior adviser to the Department of Defense's chief information officer, as CIO of the service branch, Stars and Stripes reported Thursday....

Jacobs Engineering Group (NYSE: JEC) will help the U.S. Navy design and initially operate an underwater launch test system for the Naval Surface Warfare Center in Crane, Ind., under a potential $93M indefinite-delivery/indefinite-quantity contract. The IDIQ also covers modernization, redesign, fabrication and operation support for an in-air launch ...