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Tag Archives: LCS

Cubic to Enhance Virtual Training Environment for Navy’s LCS Fleet; Dave Buss Comments

TYSONS CORNER, VA, May 18, 2018 — The U.S. Navy has awarded Cubic’s (NYSE: CUB) global defense unit eight delivery orders with a $16 million combined value to update a virtual training environment for the service branch’s Littoral Combat Ships, ExecutiveBiz reported May 10. Cubic said May 10 it will add …

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Lockheed-Led Team Christens Navy’s Future USS Indianapolis LCS

TYSONS CORNER, VA, April 17, 2018 — An industry team led by Lockheed Martin (NYSE: LMT) has hosted the christening ceremony for the U.S. Navy’s 17th Littoral Combat Ship at a shipyard in Marinette, Wisconsin, ExecutiveBiz reported Monday. The company said Saturday the future USS Indianapolis ship will continue to undergo …

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Thomas Kennedy: Raytheon Eyes Larger Share of $8B Over-the-Horizon Missile Market

Thomas Kennedy, chairman and CEO of Raytheon (NYSE: RTN), has said he expects the company to gain a controlling share of a potential $8 billion market for surface-to-surface missiles over a decade, Defense News reported Tuesday. Kennedy said Thursday at the company’s earnings call that the proposed Naval Strike Missile …

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Lockheed, Austal USA Secure Navy LCS Construction Contracts

Lockheed Martin (NYSE: LMT) and Austal’s U.S. arm have received six-year contracts worth $584.2 million each to help the U.S. Navy build Littoral Combat Ships. The contract modification awarded to Austal USA covers LCS design, planning, construction and testing activities in exercise of an option to a previously awarded contract, the …

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Raytheon Taps Curtiss-Wright Winch Tech for LCS Sonar

TYSONS CORNER, VA, Sept. 25, 2017 — Raytheon (NYSE: RTN) will procure winch devices from Curtiss-Wright as part of the pre-production test article of the Variable Depth Sonar on the U.S. Navy‘s littoral combat ships, ExecutiveBiz reported Friday. Curtiss-Wright said Thursday Raytheon’s integrated defense systems business will add the winch technology onto …

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Stephanie Hill Named Lockheed Corporate Strategy, Business Devt SVP; Marillyn Hewson Comments

Stephanie Hill, vice president and general manager of cyber, ships and advanced technologies at Lockheed Martin (NYSE: LMT), has been named senior VP for corporate strategy and business development at the Bethesda, Maryland-based aerospace and defense contractor in a move that takes effect Sept. 11. Hill will also serve as a …

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Austal USA Lands $584M Navy Contract for Littoral Combat Ship Construction

Austal’s U.S. arm has received a potential five-year, $584.2 million contract to build a Littoral Combat Ship for the U.S. Navy. The fixed-price-incentive contract covers LCS class services and integrated data environment assistance and includes options for post-delivery availability support and construction of additional LCS vessels, the Defense Department said Friday. Austal …

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Raytheon Awarded Potential $300M Navy Contract to Develop LCS Sonar Tech

Raytheon (NYSE: RTN) has secured a potential $300 million contract to design and build an anti-submarine technology for U.S. Navy personnel to locate and track enemy submarines from littoral combat ships. The Navy awarded the contract following the completion of a study and production assessment of Raytheon’s Variable Depth Sonar system, the company said Tuesday. …

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Report: Saudi Arabia, Lockheed Seal $6B Deal for Modified Littoral Combat Ships

Saudi Arabia and Lockheed Martin (NYSE: LMT) have closed on a $6 billion contract for the Bethesda, Maryland-based defense contractor to deliver four modified versions of Littoral Combat Ships, Bloomberg reported Friday. The deal for Multi-Mission Surface Combatant Ships comes as President Donald Trump heads to the Middle Eastern country as part …

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Weekly Roundup June 6 – June 10 2016: TSA Enlists Industry to Move Airport Lines & more

June 6 – June 10 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Long lines at airport security checkpoints have dominated the headlines lately and the agency responsible for protecting these hubs unveiled a new effort this week that enlists private sector help …

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