Lockheed Martin‘s Sippican business has received a $139 million contract modification from the U.S. Army for Stinger missile fuze/warhead body assemblies. The Department of Defense said Thursday that contract work is expected to run through Nov. 30, 2027, with work locations and funding to be determined with each order. In April 2021, Sippican...
Kongsberg Defence and Aerospace has secured a $960.8 million firm-fixed-price contract from the U.S. Navy to provide the service branch with Naval Strike Missiles over a five-year period. The Naval Sea Systems Command said Tuesday the Over the Horizon – Weapons System NSM will help boost coastline defense, deterrence and interoperability as well a...
The U.S. Navy intends to issue a solicitation for a potential eight-year, $10 billion indefinite-delivery/indefinite-quantity multiple-award construction contract. According to a presolicitation notice posted on SAM.gov on Friday, awardees will compete for task orders to provide labor, supervision, tools, materials and equipment necessary to perform...
Textron will continue its work focused on the development of nine Ship to Shore Connector Landing Craft Air Cushion 100-class craft in support of the U.S. Navy. The Department of Defense said Friday Textron Systems secured a $394.3 million contract modification from the Navy for the boats’ construction. Majority of contract work will be perfor...
Noble Supply and Logistics has received a Defense Logistics Agency contract modification to provide maintenance, repair and operations supplies support services worth up to $562.5 million to various facilities around the globe. The Department of Defense said Thursday the modification to the firm-fixed-price, indefinite-delivery/indefinite-quant...
Executive Mosaic’s GovCon Index posted a second straight weekly loss despite recovering from Thursday’s steep 2.26% decline. The index, which tracks the stock performances of 30 major contractors, closed slightly higher at $5,375.43 (+0.37%) on Friday but lost 2.12% overall for the week. Its year-to-date gain is +15.14% from +20.34% two ...
Raytheon has secured $676 million to continue manufacturing tube-launched, optically tracked, wire-guided TOW weapon systems for the U.S. Army. The awards comprise an annual production contract valued at $430 million from fiscal 2023 and an additional $246 million in 2024, Raytheon parent company RTX said Wednesday. Weapons Production in Tucso...
General Dynamics subsidiary Gulfstream Aerospace has won a U.S. Air Force contract worth approximately $991 million to provide logistics support services for C-20 and C-37 aircraft used to transport high-ranking government and defense officials. The Department of Defense said Wednesday the indefinite-delivery/indefinite-quantity contract includes ai...
The U.S. Navy has awarded two contracts worth $400 million combined to Invariant and Anduril Industries to integrate and deliver a counter-unmanned aircraft system engagement system, or CES, and provide related hardware, software and support services for the military branch. The Department of Defense said Wednesday Marine Corps Systems Command launc...
HII’s (NYSE: HII) Ingalls Shipbuilding division has received two U.S. Navy contracts worth approximately $9.6 billion combined for the purchase of three San Antonio-class amphibious transport dock ships and one America-class amphibious assault ship. “It is an honor to continue our support of the joint Navy and Marine Corps mission to meet the mi...
