Tag Archives: DDG 51

HII, General Dynamics Subsidiary Book $1.1B in Navy DDG-51 Destroyer Contract Options

DDG-51 guided-missile destroyer

Huntington Ingalls Industries (NYSE: HII) and General Dynamics’ (NYSE: GD) Bath Iron Works business have received contract modifications worth $1.1B combined to continue providing construction and supply-chain support for the U.S. Navy’s Arleigh Burke-class destroyer program.

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General Dynamics to Continue Arleigh Burke-Class Destroyer Yard Services Under Potential $719M Navy Contract

General Dynamics’ (NYSE: GD) Bath Iron Works subsidiary has received a potential five-year, $719M contract to extend planning yard services for the U.S. Navy’s Arleigh Burke-class guided missile destroyers. The contract has a one-year base value of $126M and covers DDG 51 logistics, design, material kitting, planning and execution support, the company …

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McAleese & Associates: Navy Secretary Richard Spencer on Readiness, Info Management

Consulting firm McAleese & Associates has released a report on Navy Secretary Richard Spencer‘s speech at the Surface Navy Association’s Annual National Symposium. Spencer, a 2019 Wash100 winner, said at the SNA event that the Navy needs a sense of urgency and to ramp up speed and rate of change to address …

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Report: General Dynamics Posts 13% Increase in Q3 Mission Systems Segment Revenue

McAleese & Associates has provided an overview of General Dynamics’ (NYSE: GD) financial results in the third quarter of 2018. The Falls Church, Va.-based defense contractor’s mission systems sector reported a 13 percent increase in Q3 sales with an operating margin of 14.6 percent, reflecting an 18 percent growth in …

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Northrop Wins Potential $164M Navy DDG-51 Modernization Support Contract

Northrop Grumman (NYSE: NOC) has won a potential $164M firm-fixed-price contract to deliver Integrated Bridge and Navigation Systems to support modernization efforts for the U.S. Navy’s Arleigh Burke-class destroyers. The contract covers base hardware production services as well as hull, mechanical and electrical updates as part of the DDG-51 New Construction …

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Navy Awards DDG 51 Destroyer Shipbuilding Contracts to General Dynamics Subsidiary, Huntington Ingalls

The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a potential $5.25B contract and General Dynamics’ (NYSE: GD) Bath Iron Works subsidiary a potential $4.03B contract to construct new Arleigh Burke-class guided missile destroyer ships. Under the contract, HII will build up to six DDG 51 ships while Bath Iron Works …

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Lockheed Lands Potential $84M Navy Contract for Aegis Test Site Operation, Maintenance

Lockheed Martin (NYSE: LMT) has received a potential $84 million contract to provide operation and maintenance support for Aegis development and test sites. Lockheed’s rotary and mission systems business will deliver configuration management, related equipment and supplies, technical engineering, quality and information assurance services for Aegis test sites under the …

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General Dynamics Subsidiary Gets Potential $305M DDG 51 Lead-Yard Services Contract

General Dynamics’ (NYSE: GD) Bath Iron Works subsidiary has received a potential one-year, $304.8 million contract to provide lead-yard services for the U.S. Navy’s Arleigh Burke-class (DDG 51) destroyer ships. LYS covers technical, engineering, production and material procurement support; data and logistics management; acceptance trials; system safety program support; shipyard engineering …

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