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Tag Archives: Navy

Serco Inc. Strikes $225M Deal for Alion’s Naval Business; Dave Dacquino, Craig Reed Quoted

Serco Group’s North American subsidiary has agreed to acquire the naval systems business unit of Alion Science and Technology for $225M in a push to expand its footprint in the naval modernization, sustainment and support services market. Serco Inc. said Thursday it expects the transaction to be finalized in the …

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McAleese & Associates: FY 2020 Defense Spending Bill to Appropriate $21.7B for Navy Shipbuilding

A McAleese & Associates report says the U.S. Navy’s shipbuilding programs would receive $21.7B under the $690B fiscal 2020 defense funding bill passed by the House Appropriations Committee. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, listed in the report some of the fully funded …

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McAleese & Associates: House Panel OKs $690B FY 2020 Defense Appropriations Bill

A McAleese & Associates report says the House Appropriations Committee passed a spending bill that would authorize $690B in fiscal 2020 funds for the Department of Defense, reflecting a 2.3 percent increase from DoD’s current budget. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote …

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Sikorsky Awarded $1.13B to Produce Additional CH-53K Helicopters for US Marine Corps

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary will build and deliver a total of 12 CH-53K King Stallion helicopters to the U.S. Navy under a $1.13B contract modification. This award is for low-rate initial production lots 2 and 3 including logistics support and aircraft system spares, the Department of Defense said …

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Boeing to Continue F/A-18 Fleet Modernization Under $164M Navy Contract Modification

Boeing (NYSE: BA) received a potential two-year, $163.9M amendment under a U.S. Navy contract for aircraft service life modification work. The company said Friday it will continue to modernize the Navy’s F/A-18 Super Hornet jets and establish a second SLM line under the program. Establishment of a San Antonio-based line …

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Navy Selects 10 Small Businesses for $240M Washington Area Construction IDIQ

Ten companies won spots on a potential five-year, $240M contract to provide construction services for the U.S. Navy within Naval Facilities Engineering Command’s Washington area of operations. NAVFAC received 50 proposals for the indefinite-delivery/indefinite-quantity contract via the Navy Electronic Commerce Online portal, the Department of Defense said Monday. The IDIQ …

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Navy Picks Nine Firms for Cyber Space Technical, Professional Services Contracts

Nine companies have won potential seven-year contracts to provide technical, management and professional services in support of the U.S. Navy’s cyber space operations. The Naval Information Warfare Center Pacific received 18 offers for the indefinite-delivery/indefinite-quantity contracts, which cover support for interoperability of systems and capabilities at tactical, strategic and operational …

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Navy Selects Six Firms for C2 Tech Supply Contracts

Six companies have won potential 10-year, cost-plus-fixed-fee contracts to provide command-and-control platforms and related technology for the U.S. Navy. The Department of Defense said Tuesday the Naval Information Warfare Center Pacific received 14 bids for the multiple-award, indefinite-delivery/indefinite-quantity contracts, each containing a two-year base term and four two-year options. The …

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McAleese & Associates: Raytheon Reports 7% Growth in Q1 2019 Sales

A new McAleese and Associates report says Raytheon (NYSE: RTN) saw its sales climb 7 percent to $6.7B in the first quarter of 2019 with an earnings per share of $2.77. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the Waltham, Mass.-based defense …

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McAleese & Associates: Sales of Northrop Climbed 22% to $8.2B in Q1 2019

A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) saw its sales rise 22 percent to $8.2B in the first quarter of 2019 and recorded a sector operating profit growth of 27 percent. Jim McAleese, founder and principal of McAleese & Associates and a 2019 Wash100 winner, wrote the Falls Church, Va.-based …

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