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Tag Archives: featured

HII Ingalls Shipbuilding Secures $97M USCG Contract for 11th National Security Cutter Components

The U.S. Coast Guard on Friday awarded Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division a $97M firm-fixed-price contract to procure materials for the 11th National Security Cutter. HII said Monday it will purchase long-lead items such as main propulsion systems, steel, generators, electrical switchboards and major castings for the Legend-class vessel …

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GSA Unveils 12 Awardees for USDA’s Centers of Excellence Phase II; Emily Murphy Quoted

The General Services Administration has awarded contracts to 12 companies to support the Department of Agriculture’s information technology modernization efforts under the second phase of the Centers of Excellence program. USDA serves as the first “lighthouse” agency for the CoE program and the Phase II awards came two months after …

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Boeing Gets $160M Army Contract for Chinook Rotor Blade Logistics Support

Boeing (NYSE: BA) has landed a five-year, $160M contract to continue providing logistics management and overhaul support for the U.S Army‘s H-47 Chinook helicopter rotor blades. The company said Monday it will repair, maintain, overhaul and manage stock availability of rotor blades used in the service branch’s more than 450 Chinooks. …

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Northrop Receives $289M Contract to Continue Development Work on IAMD Battle Command System

Northrop Grumman (NYSE: NOC) will extend its system development work on an air and missile defense platform for the U.S. Army under a $289M contract. The company said Monday the contract involves modernizing the engagement operations centers and integrated fire control network relays of the Integrated Air and Missile Defense Battle …

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Report: AM General Could Seek Potential Buyers

AM General has tapped financial services firm Macquarie Group to seek out buyers for the South Bend, Ind.-based military ground vehicle manufacturer, Reuters reported Tuesday. Reuters estimates AM General is worth more than $2B based on the company’s recent contract wins and its limited liability corporation structure, which could offer a …

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Lockheed, DoD Finalize $11.5B Contract for Lot 11 F-35s; Greg Ulmer Quoted

Lockheed Martin (NYSE: LMT) and the Defense Department have sealed a potential $11.5B deal for the company to build 141 lot 11 F-35 fighter jets for the U.S. and foreign allies. The contract includes the delivery of 91 low-rate initial production F-35s for U.S. service branches, 28 jets for international partners and …

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HIG Capital Takes Majority Stake in Iron Bow

H.I.G Capital has purchased a majority interest in Iron Bow Technologies, an information technology products and services provider to federal customers. The Miami-based private equity firm said Friday the deal marks its third government services market investment and it aims to help grow Iron Bow’s footprint in the public and …

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Aerospace Corp. Lands $1B Award to Support Federally Funded R&D Center for Space Systems

Aerospace Corp. has received a one-year, $1.05B contract modification from the U.S. Air Force to support engineering and integration of national security space systems via a federally funded research and development center. Work covers planning, systems definition and technical specification operations, as well as user needs assessment, design alternatives, interoperability, …

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Raytheon Gets $396M Navy Modification to Procure Standard Missile-6 Production Materials

Raytheon‘s (NYSE: RTN) missiles systems business has received a $395.5M contract modification to procure materials and spares needed for fiscal 2017 through 2018 production of the Standard Missile-6. The award holds options that may raise the previously awarded contract’s maximum potential value to $579.7M, the Defense Department said Friday. The …

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Ameresco to Support Military Energy Conservation Project via $143M Contract

Ameresco (NYSE: AMRC) has secured a 22-year contract worth almost $143M to support energy conservation efforts within Joint Base San Antonio in Texas. The U.S. Air Force Civil Engineer Center said Friday the contract covers the installation of 20 megawatts of renewable energy systems within JBSA’s fence line and modernization of …

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