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Tag Archives: modernization

Reuters: Saudi Arabia, US in ‘Advanced’ Talks for $1B Lockheed Frigate Buy

The U.S. government is in talks with Saudi Arabia regarding the latter’s proposed $1 billion purchase of two frigates from Lockheed Martin (NYSE: LMT) as part of the Saudi navy’s modernization efforts, Reuters reported Wednesday. Andrea Shalal writes that the discussions are in the advanced stage and could result in …

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Army Picks 6 Firms for $249M Healthcare Facility Modernization Program

The U.S. Army has selected six companies to support the Army Medical Command‘s healthcare facility sustainment, restoration and modernization efforts under a $249 million task order contract. The Defense Department said Wednesday the companies will provide support through Aug. 11, 2018. Twenty-one bids were submitted to the Army Corps of Engineers for the firm-fixed-price, …

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General Dynamics Electric Boat Secures $46M Navy Sub Maintenance Planning Contract

TYSONS CORNER, VA June 2, 2015 — ExecutiveBiz reported Monday on General Dynamics (NYSE: GD) Electric Boat securing $46.4 million U.S. Navy contract to help plan the maintenance and modernization work on the Los Angeles-class USS Montpelier nuclear-powered submarine. The work, with a potential to reach $259.6 million if all …

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L-3 Lands Potential $157M Navy Submarine Photonics Mast Contract; Matthew Richi Comments

A business unit of L-3 Communications (NYSE: LLL) will develop a new photonics mast for the U.S. Navy‘s Virginia-class submarines under a potential $157 million contract from the Naval Sea Systems Command. The company said Tuesday its L-3 KEO electro-optics business will provide engineering and design services for the Block 4 Low Profile Photonics Mast program. The contract …

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Report: Poland Selects Raytheon for Missile Defense System Contract

Poland has decided to award Raytheon (NYSE: RTN) a contract to build a midrange missile defense system for the Polish military, Reuters reported Tuesday. Marcin Goettig cites a report from Gazeta Wyborcza newspaper that says Polish government and defense leaders are scheduled to hold a press conference Tuesday to discuss Poland’s military …

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Steve Hogan, John Parker Take New Leadership Roles at Northrop

Northrop Grumman (NYSE: NOC) has named John Parker vice president and general manager of the integrated logistics and modernization division and successor to Steve Hogan, who has taken the new role of global sustainment VP. The company said Tuesday the appointments are effective March 7. Hogan, who will be Northrop’s first VP for global sustainment, …

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Andy Maner: IBM-Epic Team Forms Advisory Group for Potential DoD EHR Project

IBM (NYSE: IBM) and Epic have formed a Military Health System advisory group to provide industry best practices in support of the team’s contract bid for the modernization of the Defense Department‘s healthcare management system. A press release posted Thursday on FierceHealthIT stated that the group will help guide the IBM-Epic team in the …

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Lockheed Awarded $78M to Upgrade Army Tactical Missile System

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $78 million contract to modernize the branch’s long-range, precision-guided missiles. Lockheed said Wednesday it will use hardware from the Army Tactical Missile System Block 1 to build a new weapon system that would hit targets but pose no unexploded ordnance …

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Vince Vlasho: Accenture to Help Navy Use Electronic Mobile-Based System for Shipyard Maintenance

Accenture‘s (NYSE: ACN) federal services business will develop a mobile-based system to upgrade maintenance processes at U.S. Navy shipyards as part of a potential three-year, $16.3 million contract. The company said Tuesday the program seeks to maintenance operations with the electronic technical work documents system that utilizes mobile devices to relay work instructions and …

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Erik Buice: Northrop Grumman Continues Support for CMS’ Medicare Beneficiary DB Systems

Northrop Grumman (NYSE: NOC) will continue its support for the Centers for Medicare and Medicaid Services‘ Medicare Beneficiary Database Suite of Systems through November 2018 under a new $53.7 million contract. The company said Monday this contract extends its 16-year support for MBDSS and expands work to upgrade and integrate the system with …

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