Tag Archives: contract option

The Defense Logistics Agency has awarded BAE Systems a five-year, $1.12B contract option to provide consumable and repairable components for various weapon systems.

BWX Technologies’ (NYSE: BWXT) Nuclear Fuel Services subsidiary has received contract options worth $128M combined to continue to produce fuel in support of the U.S. Naval Nuclear Propulsion Program.

Lockheed Martin's (NYSE: LMT) aeronautics business segment has received a potential 13-year, $7B contract modification to continue sustainment work on the U.S. Air Force’s fleet of F-22 Raptor jets.

Boeing (NYSE: BA) has secured a five-year, $835.7M contract option from the Defense Logistics Agency to deliver consumable items for multiple U.S. military aviation platforms.

Northrop Grumman (NYSE: NOC) has secured a $92.9M modification under the Systems Engineering, Management and Sustainment III contract to continue supporting the U.S. Air Force's weather-related missions. The Department of Defense said Tuesday the modification would bring the potential ceiling value of the indefinite-delivery/indefinite-quantity contract to $392.9M and add six months to the ordering period.

GlobalFoundries will continue to provide the Department of Defense access to microelectronic processes under a $121M contract modification from the Defense Microelectronics Activity. The modification represents the third option under a previously awarded contract and brings the potential cumulative value to $501.4M, the Pentagon said Friday. Work under the exercised …

A BWX Technologies (NYSE: BWXT)-PAE joint venture will continue to help NASA manage two facilities in Louisiana and Mississippi after the space agency exercised an option under a potential $1.3B contract. Syncom Space Services will extend services at the Stennis Space Center and Michoud Assembly Facility through Sept. 30, 2020, BWXT said Thursday. NASA …

The U.S. Navy has exercised the third option period on indefinite-delivery/indefinite-quantity contracts with BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) to maintain the military branch’s amphibious ships. Each contractor will have the chance to vie for complex, emergent and continuous maintenance orders under firm-fixed-price contract modifications, the Department of Defense …

A Bechtel subsidiary will continue to supply naval nuclear propulsion components to the U.S. Navy under a $95.2M contract option. Bechtel Plant Machinery Inc. will perform 94 percent of work in Monroeville, Pa., and the remaining six percent in Schenectady, N.Y., the Department of Defense said Thursday. The Navy will obligate the …

Northrop Grumman (NYSE: NOC) has received a $149.6M contract modification to operate and sustain the payload for a U.S. Air Force system used to translate and transmit information across disparate networks . This modification represents the first option year under a previously awarded contract and brings the contract’s total cumulative …