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FMD CEO Steve Pykett. Pykett commented on the purchase of Rolls-Royce's naval propulsors business.M&A Activity
  • July 17, 2025

    FMD Closes Purchase of Rolls-Royce’s Naval Propulsors Business

    Fairbanks Morse Defense has completed its acquisition of Rolls-Royce’s naval propulsors business as part of a push to expand its
    The U.S. Navy has awarded a $143 million electronic warfare support contract to GDIT.Contract Awards
    • July 11, 2025

      Navy Awards GDIT $143M Electronic Warfare Support Contract

      General Dynamics Information Technology has secured a $143 million contract from the Naval Air Warfare Center Weapons Division, or NAWCWD,
      NAVSUP started seeking offers for the WEXMAC 2.1 contract to meet emerging TITUS requirementsAcquisition & Procurement
      • July 10, 2025

        NAVSUP Seeks Offers for WEXMAC 2.1 TITUS Contract

        Naval Supply Systems Command has issued a solicitation to expand the current pool of vendors competing for task orders as
        Textron received a contract modification for its Ship-to-Shore ConnectorsContract Awards
        • July 7, 2025

          Navy Purchases Additional Textron Ship-to-Shore Connectors Under $354M Contract Modification

          Textron Systems will build three new Ship-to-Shore Connector landing craft air cushion 100-class vessels, also known as LCAC 100, for
          Boeing booked a $61.2 million contract modification from the U.S. Navy for HAAWC air launch accessory equipmentContract Awards
          • July 3, 2025

            Boeing Awarded $61M Navy Contract for Anti-Submarine Warfare Equipment

            Boeing has secured a $61.2 million contract modification from the U.S. Navy for anti-submarine weapon equipment and related support services. High
            Navy awards GD Electric Boat a $1.85 billion contract modification to support Virginia-class Block VI submarines.Contract Awards
            • June 27, 2025

              Navy Awards $1.85B Virginia-Class Submarine Support Contract Modification

              The U.S. Navy has awarded General Dynamics Electric Boat a $1.85 billion undefinitized contract action modification to a previously awarded
              Lockheed Martin booked a $250 million Navy contract modification for F-35 logistics information system productionContract Awards
              • June 26, 2025

                Lockheed Martin Lands $250M Navy Contract Modification for F-35 Logistics Information System Production

                Lockheed Martin has been awarded a $250 million contract modification by the U.S. Navy for the production and support of
                James Toole, most recently group VP at Oracle, joined managed services provider Mythics as SVP of consulting services salesExecutive Moves
                • June 26, 2025

                  James Toole Joins Mythics as Consulting Services Sales SVP

                  Managed services provider Mythics has appointed James Toole, a technology sales industry veteran, as senior vice president of consulting services
                  American Petroleum Tankers has received a contract from the U.S. Navy to charter a tanker ship.Contract Awards
                  • June 23, 2025

                    American Petroleum Tankers Books Potential $185M Navy Contract to Charter Tanker

                    American Petroleum Tankers has booked a potential $185.2 million contract from the U.S. Navy to charter one Jones Act-compliant U.S. flag
                    Eleven companies will compete for task orders under an $8 billion NAVFAC Hawaii construction contract.Contract Awards
                    • June 20, 2025

                      11 Companies Awarded Spots in $8B NAVFAC Hawaii Construction Contract

                      Eleven companies were awarded positions on the U.S. Navy’s potential eight-year, $8 billion indefinite-delivery/indefinite-quantity, multiple award, design-build and design-bid-build contract
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