Tag Archives: contract option

Perspecta Awarded $486M Navy, Marine IT Network Support Extension; Mac Curtis Quoted

Perspecta (NYSE: PRSP) has secured an eight-month, $486M contract modification to extend information technology support services under the Department of the Navy’s Next Generation Enterprise Network program. Space and Naval Warfare Systems Command issued the modification to extend a previously awarded indefinite-delivery/indefinite-quantity contract’s potential ordering period from Oct. 1, 2019 to May …

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Raytheon Gets $77M Air Force Contract Option to Produce Lot 4 SDB II Munitions, Equipment

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $77.3 million contract option for the low-rate initial production of lot 4 Small Diameter Bomb II munitions. Raytheon’s missile systems business will manufacture 570 SDB II units along with 524 single and dual weapon containers under the exercised option, the Defense Department said Tuesday. The sole-source award …

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DynCorp Lands Logistics, Maintenance Work for Nevada-Based Navy Aircraft

TYSONS CORNER, VA, Feb. 5, 2018 — DynCorp International will provide logistics and maintenance support for the U.S. Navy‘s EA-18G, E-2C, F/A-18, F-16A/B and MH-60S aircraft in Nevada under a $40.4 million contract option, ExecutiveBiz reported Friday. The Defense Department said Thursday the company will perform work on the five aircraft platforms at the Naval Aviation Warfighting …

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Air Force Exercises $80M Option in Boeing E-4B Aircraft Sustainment Contract

A business segment of Boeing (NYSE: BA) has received a one-year, $80 million contract option to sustain a variant of the U.S. Air Force‘s E-4B command post aircraft. Boeing Defense, Space & Security will help the service branch manage the E-4B program and procure spares as well as provide system integration laboratory, repair, engine …

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General Dynamics IT Lands Navy FMS Work for Logistics Support

TYSONS CORNER, VA, Nov. 3, 2017 — A General Dynamics (NYSE: GD) business unit will provide logistics support for multiple foreign military sales customers under a $50 million contract option exercised by the U.S. Navy, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the award to General Dynamics Information Technology covers support …

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General Dynamics Subsidiary Gets $341M Navy Nuclear Submarine Support Contract Option

A General Dynamics (NYSE: GD) subsidiary has received a potential one-year, $341.1 million contract modification from the U.S. Navy to provide engineering, planning yard, design agent and technical support for the service branch’s nuclear submarines. The cost-plus-fixed-fee modification awarded to General Dynamics Electric Boat seeks to exercise the option on a contract awarded by …

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CAE USA to Provide KC-135 Training System Support Under Air Force Contract Modification

TYSONS CORNER, VA, Sept. 22, 2017 — CAE‘s (NYSE: CAE) U.S. business will provide support for the U.S. Air Force‘s KC-135 aircrew training systems at several facilities after the service branch exercised a $45.4 million option on a previously awarded contract, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the award covers system …

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HII Secures Navy Contract Options to Support Ford, Nimitz Carriers

TYSONS CORNER, VA, Sept. 22, 2017 — Huntington Ingalls Industries (NYSE: HII) will provide technical, engineering, operational, development, modernization and other services in support of the U.S. Navy‘s Gerald R. Ford-class and Nimitz-class aircraft carriers as part of contract options worth $27.5 million, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the options also …

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L3 Subsidiary Gets $173M Navy T-45 Aircraft Support Contract Option

An L3 Technologies (NYSE: LLL) subsidiary has secured a potential $173 million contract modification to help the U.S. Navy maintain 201 T-45 Goshawk trainer aircraft units, systems and related support equipment. Vertex Aerospace will provide intermediate, organizational and depot-level engineering, logistics and maintenance services for the service branch’s T-45 fleet, the Defense Department …

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American Medical Depot Gets $200M Option on DLA Surgical Equipment Supply Contract

The Defense Logistics Agency has awarded American Medical Depot a one-year, $200 million contract modification for the supply of medical-surgical products to the four U.S. military branches and federal civilian agencies. The modification exercises the second option year of a previously awarded indefinite-delivery/indefinite-quantity and work will occur in Florida through Dec. …

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