Tag Archives: Littoral Combat Ship

Weekly Roundup August 29 – September 2 2016: September Brings CR Talk Again, SAIC Earnings Due & more

August 29 – September 2 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This calendar year so far has brought an unprecedented year of change and tectonic shifts to the government contracting sector and even with that said, what other catalysts could come in the …

Read More »

Lockheed, Austal Land Navy Contract Modifications for Freedom, Independence LCS

Lockheed Martin (NYSE: LMT) and Austal have been awarded separate contract modifications to build two fiscal 2016 littoral combat ships for the U.S. Navy. Lockheed will build one Freedom-variant warship (LCS 25) under a $564 million contract modification and Austal’s U.S. business will construct an Independence-variant combat vessel (LCS 26) for another …

Read More »

Weekly Roundup Mar. 7 – Mar. 11 2016: GovCon Index, Defense Stocks Show Steady Recovery & more

Mar. 7 – Mar. 11 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The start of March has given investors everywhere a respite of calm so far after a January and February period of across-the-board, worldwide market volatility that carried over from the …

Read More »

Lockheed Martin Christens Freedom-Class LCS USS Sioux City

TYSONS CORNER, VA, February 2, 2016 — Lockheed Martin (NYSE: LMT) has christened and launched the U.S. Navy‘s 11th littoral combat ship at the Menominee River in Wisconsin, ExecutiveBiz reported Monday. The company said Saturday the Freedom-class USS Sioux City will undergo tests before it is delivered to the Navy for full operations early next …

Read More »

Weekly Roundup Jan. 18 – Jan. 22 2016: Analysts Call Defense Stocks Steady in Wild Market & more

Jan. 18 – Jan. 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Volatility in financial markets has become a fact of life all over the world and has sent investors questioning where the opportunities are in the midst of headwinds such as declining …

Read More »

Navy Awards Austal USA $198M for LCS, Frigate Design Services

Austal‘s U.S.-based subsidiary has received a potential three-year, $198.4 million contract modification from the U.S. Navy to carry out Littoral Combat Ship upgrade design services and frigate preliminary design services. The company said Tuesday the award is part of a $3.5 billion contract with the Navy on the production of 11 LCS …

Read More »

Northrop Grumman Offers Flying-Wing Helicopter for DARPA’s Tern Program

TYSONS CORNER, VA, December 15, 2015 — Northrop Grumman (NYSE: NOC) will offer an aircraft that features counter-rotating rotor blades and a flying-wing helicopter design for the Defense Advanced Research Projects Agency‘s Tactically Exploited Reconnaissance Node program, ExecutiveBiz reported Monday. Breaking Defense reported Sunday Northrop designed the aircraft for takeoff and landing via ships …

Read More »

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 …

Read More »

Navy Commissions Lockheed Martin-Built USS Milwaukee for Active Service

TYSONS CORNER, VA, November 24,  2015 — Lockheed Martin (NYSE: LMT) held a commissioning ceremony for the USS Milwaukee, the fifth littoral combat ship of the U.S. Navy, ExecutiveBiz reported Monday. The company said Saturday the third Freedom-class LCS will enter into active service after completing acceptance trials and delivery in the past …

Read More »

Lockheed’s Stephanie Hill: Harley-Davidson Designs USS Milwaukee-Themed Motorcycle for Charity

TYSONS CORNER, VA, November 23,  2015 — Lockheed Martin (NYSE: LMT) has celebrated the commissioning of the U.S. Navy‘s latest littoral combat ship with the showcase of a USS Milwaukee-themed motorcycle designed by Harley-Davidson, GovCon Executive reported Friday. Lockheed said Thursday the Softail Slim S bike will be auctioned off to support the National …

Read More »