Adm. Lisa Franchetti, the Navy’s vice chief of naval operations since September 2022, was sworn in as chief of naval operations following her confirmation by the Senate. “I look forward to working with her to lead our Force into the future as we continue to strengthen our maritime dominance, build a culture of warfighting excellence,...
HII (NYSE: HII) released its recent financial results and achieved several milestones in the third quarter of 2023. In the three months that ended Sept. 30, 2023, total revenues during the quarter increased 7.2 percent to $2.81 billion versus Q3 2022, a new third-quarter record, while new contract awards hit $5.4 billion. The company said...
Vertex Aerospace has secured a five-year, $458.2 million firm-fixed-price contract from the U.S. Navy to establish a new depot site for the F-5 Adversary aircraft, serving both the military branch and the Marine Corps. The indefinite-delivery/indefinite-quantity contract also calls for organizational, selected intermediate and limited depot lev...
Top government contracts won by Albers Aerospace have benefited the government, providing aerospace products and services. The company brings advanced technology, innovation, and growth initiatives across the federal industry. Recent Top Government Contracts Won By Albers Aerospace Albers Aerospace has been helping federal government a...
The U.S. Air Force has awarded Mission Technologies, an HII (NYSE: HII) division, a five-year, $244 million task order to install Minotaur software products in U.S. Navy, Marine Corps and Coast Guard systems. The contract covers research, development, test and evaluation services for the integration of Minotaur on maritime platforms used in radars, ...
Comtech (Nasdaq: CMTL) will provide professional engineering services and supply terrestrial and satellite networking communications technologies for the U.S. Army under a potential $544 million task order awarded under the Global Tactical Communications Systems II contract. The company said Monday it will support the project manager tactical networ...
The Department of Defense is in the midst of a “reluctant revolution in military affairs,” according to National Geospatial-Intelligence Agency Director Vice Admiral Frank Whitworth III. With the advent of modern autonomous technologies, the U.S. military is currently undergoing never-before-seen efforts to uncrew “considerable portions” o...
Saab‘s U.S. business arm has booked a $104 million order to supply the Department of Defense with AT4 anti-tank weapon systems and Carl-Gustaf ammunition between 2024 and 2026. The contract extends an indefinite-delivery/indefinite-quantity framework agreement signed by DOD and Saab in 2019, which could increase in value by $422 million, the c...
An RTX (NYSE: RTX) subsidiary has secured a $221 million contract from the U.S. Navy to help maintain and sustain F135 propulsion systems used by the U.S. military and foreign military sales customers. Pratt & Whitney will provide material and support equipment, supplies, unit-level support equipment, labor and planning for depot-level F135 main...
Noble Supply & Logistics, SupplyCore and ADS subsidiary TWI USA will continue delivering maintenance, repair and operations support to military service branches as part of a potential $100 million contract modification from the Defense Logistics Agency. DLA exercised the second one-year option period that extends the ordering deadline for commer...
