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Tag Archives: LCS

Huntington Ingalls Awarded $932M Contract for Navy LCS Planning Yard Services

Huntington Ingalls Industries (NYSE: HII) has won a potential six-year, $931.7M contract from the U.S. Navy to provide planning yard services for in-service Littoral Combat Ships. HII said Wednesday its Ingalls Shipbuilding division will support the vessels’ post-delivery life cycle support and manage all maintenance and associated availability schedules. Ingalls …

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Lockheed, Austal Get Navy LCS Contract Modifications

Lockheed Martin (NYSE: LMT) and Austal‘s U.S. arm have received separate contract modifications to build three fiscal 2018 littoral combat ships for the U.S. Navy. The Defense Department said Tuesday Lockheed will develop one LCS and Austal USA will construct two ships under the fixed-price-incentive modifications awarded by Naval Sea …

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Raytheon Gets Potential $848M Contract to Help Navy Build ‘Over-the-Horizon’ Weapon System

Raytheon (NYSE: RTN) has secured a potential $847.6 million contract to produce an “over-the-horizon” weapon system for the U.S. Navy‘s littoral combat and frigate ships. OTH-WS will consist of a fire control suite and launching mechanisms with encanistered missiles, the Defense Department said Thursday. The firm-fixed-price contract has a $14.8 …

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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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