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Tag Archives: Defense Department

Bechtel Gets $532M Contract Modification for Naval Nuclear Propulsion Components

Bechtel‘s plant machinery organization will continue work on naval nuclear propulsion components for the U.S. Navy under a $532.4 million modification to a previously awarded contract. The Navy will obligate $520.5 million in fiscal 2017 shipbuilding and conversion funds at the time of award of the modification, the Defense Department said Tuesday. Bechtel Plant …

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November 1 Market Close: GovCon Index Flat, Harris & Engility Bounces Offset By Aerospace Declines

Executive Mosaic’s GovCon Index closed in narrow range Tuesday despite a majority of the session in positive as declines by aerospace and defense primes offset gains by Harris Corp. (NYSE: HRS) on news of a pending divestiture and Engility Corp. (NYSE: EGL) after quarterly earnings that exceeded Wall Street’s expectations. GovCon Index …

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Navy Selects General Dynamics to Create Acoustic Path Exploitation System

TYSONS CORNER, VA, Nov. 1, 2016 — The U.S. Navy has awarded General Dynamics‘ (NYSE: GD) mission systems business an $18.9 million contract to support the design and development of an acoustic path exploitation system, ExecutiveBiz reported Monday. The company will deliver, design and build the hardware of the Deep Reliable …

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DARPA Picks Raytheon for $175M Hypersonic Air-Breathing Weapon Phase II Research Contract

Raytheon (NYSE: RTN) has received a potential $174.7 million contract from the Defense Advanced Research Projects Agency to perform research work under the second phase of the Hypersonic Air-breathing Weapon Concept program. DARPA announced the contract award under the HAWC program through a FedBizOpps notice published Monday. The agency will obligate $3.4 million from fiscal …

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Textron’s AAI Subsidiary Gets $207M Army Contract for Australia RQ-7B UAS Logistics Sustainment Services

AAI, a subsidiary of Textron (NYSE: TXT), has secured a potential $206.6 million foreign military sales contract with the U.S. Army to perform logistics maintenance work on Shadow RQ-7B unmanned aerial systems for Australia. The Defense Department said Monday the Army Contracting Command received one bid for the cost-plus-fixed-fee contract and obligated $3.7 …

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Army Awards 4 Spots on $200M Training Support Contract

The U.S. Army has awarded four companies positions on a five-year, $200 million contract to support institutional training functions at Fort Lee, Virginia. The companies will provide instruction, training support and training development services through Oct. 27, 2021 under the firm-fixed-price contract, the Defense Department said Friday. DoD added that work locations …

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Army Taps L-3 for Potential $500M Data Link, Satcom Services Contract

L-3 Communications (NYSE: LLL) has secured a potential five-year, $500 million contract to provide common data link and satellite communications support services to the U.S. Army. The cost-plus-fixed-fee contract will run through Oct. 31, 2021 and the Army will assign work locations and funds to L-3 upon issuance of each order, the Defense Department …

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Northrop Awarded $190M Army Hunter UAS Logistics Support Extension

Northrop Grumman (NYSE: NOC) will continue to provide logistics support for the U.S. Army‘s MQ-5B Hunter tactical unmanned aircraft systems under a two-year, $190.3 million contract. The Army Contracting Command received one bid for the cost-plus-fixed-fee contract and obligated $44.2 million at the time of award from the military branch’s …

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John Fant, Michael Cameron Take Director Roles at Noblis NSP Subsidiary; Ellen McCarthy Comments

John Fant and Michael Cameron have joined Noblis NSP, a subsidiary of scientific research and engineering services contractor Noblis, as directors of special intelligence programs and cyber solutions, respectively. Both appointees hold decades of strategic development experience and aim to help grow NSP’s footprint in the defense, intelligence and law enforcement markets, Noblis said …

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Deloitte Reports $468B 2015 Cost Overrun for Major Defense Acquisition Programs; Robin Lineberger Comments

TYSONS CORNER, VA, Oct. 27, 2016 — A study conducted by Deloitte has found that the total cost overrun of major defense acquisition programs reached $468 billion in 2015 with a 48.3-percent growth from 2008’s $295 billion, ExecutiveBiz reported Tuesday. Deloitte said Monday the report found that there is a …

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