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Tag Archives: Gibbs & Cox

LCS Built by Lockheed-Led Industry Team Completes Navy Qualification Trials

TYSONS CORNER, VA, March 28, 2017 — The U.S. Navy has conducted qualification trials on the USS Detroit littoral combat ship built by a Lockheed Martin-led (NYSE: LMT) industry team to check the vessel’s combat system, ExecutiveBiz reported Monday. The service branch said Friday the Freedom-class LCS 7 completed tests including firing exercises against high-speed …

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Chris Deegan Promoted to CEO at Maritime Engineering Contractor Gibbs & Cox

Maritime engineering and design company Gibbs & Cox has appointed Chris Deegan, former vice president of the company’s engineering group, to the roles of president and CEO. The Arlington, Virginia-based contractor said Tuesday Deegan will succeed Rick Biben, who will continue to serve on G&C’s board of directors. “Chris has delivered exceptional results in every …

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Lockheed-Led Team Receives $279M From Navy to Fund USS Cooperstown

The U.S. Navy has awarded $279 million in funds to an industry team led by Lockheed Martin (NYSE: LMT) for the construction of the future littoral combat ship USS Cooperstown. Lockheed said Monday the funds add to the $79 million advanced procurement budget that Congress granted in March for the Freedom-variant LCS …

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Navy Orders 4 Lockheed, Austal Littoral Combat Ships for $1.4B

The U.S. Navy has awarded approximately $1.4 billion in contract funds to Austal USA and Lockheed Martin (NYSE: LMT) for construction of four additional Littoral Combat Ships. Contract line items for each ship cover seaframe construction, systems integration and test and systems equipment, the Defense Department said Monday. Lockheed was awarded …

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