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Lockheed to Build Navy Submarine Imaging System Under Potential $753M Contract

Lockheed Martin (NYSE: LMT) has secured a potential 10-year, $753.1M contract to help the U.S. Navy build and engineer an integrated submarine imaging system. The company will produce Technical Insertion 20-24 for the AN/BVY-1 ISIS in an effort to provide visual and other tools for the service branch’s submarines, the Defense Department said …

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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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Lockheed Gets $7.2B Air Force Follow-On Contract for GPS III Satellites

Lockheed Martin (NYSE: LMT) has secured a potential $7.2B follow-on contract from the U.S. Air Force to build an additional 22 GPS III satellites. The service said Friday it expects the initial GPS IIIF satellite to be available for liftoff by 2026 under the fixed-price contract. “Getting to a manufacturing …

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Michael Knowles Promoted to Lead Cubic’s Defense Segment, Dave Buss Named Senior Adviser

Michael Knowles, former vice president and general manager of the air ranges business unit within Cubic’s (NYSE: CUB) global defense segment, has been named corporate senior VP and president of the segment in a move that will take effect Oct. 1. Knowles will succeed Dave Buss, a corporate SVP who will …

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Tim Reardon Named Constellis CEO; Jason DeYonker Quoted

Tim Reardon, formerly president of defense and intelligence business at Leidos (NYSE: LDOS), has joined Constellis as CEO. Reardon succeeds the retiring Jason DeYonker, Constellis co-founder who has been serving as CEO since October 2015, the company said Wednesday. DeYonker and the retiring Dean Bosacki, Constellis co-founder and president, will …

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David Johnson Named Honeywell Federal Solutions VP

David “DJ” Johnson, an 11-year Honeywell (NYSE: HON) veteran, has been named vice president of the industrial conglomerate’s newly created federal solutions business, GovConWire has learned. He will work through the business’ Washington, D.C.-based office to manage contracts with the Energy Department, National Nuclear Security Agency and other government agencies. HFS …

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23 Firms Win Spots on $794M Navy Unmanned Undersea Vehicle R&D Support IDIQ

The U.S. Navy has awarded 23 companies positions on a potential five-year, $794.5 million contract to support the development and fabrication of unmanned undersea vehicles. The Defense Department said Monday the Naval Undersea Warfare Center Division received 28 offers for the indefinite-delivery/indefinite-quantity contract that will run through July 2023. Contractors …

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Navy Picks 22 Firms for $980M Training System Design, Production IDIQ

The U.S. Navy has awarded 22 companies spots on a potential five-year, $980 million contract to design, build and manufacture training systems and related devices. The service received 40 proposals for the firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract that will run through November 2023, the Defense Department said Friday. The contractors will …

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Reports: Lockheed, DoD Reach ‘Handshake’ Deal for Lot 11 F-35s

Lockheed Martin (NYSE: LMT) and the Defense Department have reached a “handshake agreement” for the company to produce 141 F-35 fighter aircraft for the U.S. and foreign partners, Defense News reported Sunday. Ellen Lord, defense undersecretary for acquisition and sustainment, said in a statement the joint program office and Lockheed are …

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Lockheed Lands Potential $84M Navy Contract for Aegis Test Site Operation, Maintenance

Lockheed Martin (NYSE: LMT) has received a potential $84 million contract to provide operation and maintenance support for Aegis development and test sites. Lockheed’s rotary and mission systems business will deliver configuration management, related equipment and supplies, technical engineering, quality and information assurance services for Aegis test sites under the …

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