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Tag Archives: Navy

Raytheon to Supply F/A-18 Configuration D Kits Under $91M Navy Contract

Raytheon (NYSE: RTN) has secured a $90.8 million contract to refurbish components on the U.S. Navy‘s fleet of F/A-18 Hornet multirole aircraft. The Defense Department said Tuesday that Raytheon will provide 206 retrofit components and four validation and verification kits for F/A-18 Configuration D as part of three engineering change proposals. Hornet fighter jets are …

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DoD Requests Additional 5% for IT Budget

The Department of Defense is asking for $42.5 billion in IT funding, a 5.3 percent increase over last year. From that top line number, $9.3 billion is reserved for classified investments and expenses, with $33.2 billion going to unclassified investments and expenses, according to  documents from the department’s comptroller reveal. …

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Executive Mosaic’s Weekly GovCon Round-up: The New Space Race

Weekly Roundup June 19 – June 23 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Although the phrase “Space Race” brings to mind the Cold War-era struggle between the United States and Soviet Union for supremacy in spaceflight capabilities, it may begin to …

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Lockheed Gets Potential $1.2B Navy Contract for Sonar System Engineering Services

Lockheed Martin (NYSE: LMT) has won a potential $1.17 billion contract from the U.S. Navy to engineer sonar technology under the Technical Insertion 18-20 Acoustic Rapid Commercial-Off-The-Shelf Insertion program. The Defense Department said Thursday the contract with an initial value of $130.8 million covers engineering development support for A-RCI modernization requirements and …

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General Dynamics Subsidiary Awarded $203M for Design Support on Navy Columbia-Class Submarines

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a $203.1 million contract modification to increase design support for the U.S. Navy‘s Columbia-class nuclear submarines. The service branch awarded the modification as part of the Navy and the U.K.’s joint Common Missile Compartment program, the Defense Department said Thursday. The Pentagon issued …

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Former Salient CRGT Exec Charlie Sowell Named COO at IT Firm iWorks

Charlie Sowell, a retired U.S. Navy commander and a former senior vice president at Salient CRGT, has joined Reston, Virginia-based information technology services contractor iWorks as chief operating officer. The more than 30-year national community veteran will lead iWorks’ business development efforts in the personnel security, insider threat, security clearance reform …

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HII to Design, Build Landing Helicopter Assault Replacement Ship Under $3B Navy Contract Modification

Huntington Ingalls Industries (NYSE: HII) has received a potential $3.01 billion contract modification to design and construct a Landing Helicopter Assault Replacement Flight 1 amphibious assault ship for the U.S. Navy. The Defense Department said Friday work under the fixed-price-incentive will primarily occur in Mississippi, Wisconsin, Maryland, Florida, Pennsylvania, Ohio and Georgia through January 2024. …

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Raytheon Gets Potential $653M Navy Contract for Fiscal 2017 SM-2 Missile, Spares Production

The U.S. Navy has awarded Raytheon‘s (NYSE: RTN) missile systems business a potential $652.8 million contract to fund the full-rate production of Standard Missile-2 systems and spare parts for the service branch and its allied foreign navies in fiscal 2017. The Defense Department said Friday the contract will run through March 2022 and …

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Executive Mosaic’s Weekly GovCon Round-up: Cybersecurity, China, NIST and More

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup June 12 – June 16 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many agencies, companies, organizations and individuals were caught off-guard by the recent rise in cyber …

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Bell Helicopter to Repair UH-1Y, AH-1Z Aircraft Items Under $147M Navy Contract

Textron‘s (NYSE: TXT) Bell Helicopter subsidiary has landed a potential $146.6 million contract from the U.S. Navy to repair 35 items used on the UH-1Y utility helicopter and the AH-1Z attack helicopter. The Defense Department said Thursday the firm-fixed-price contract contains a two-year base period that will run through June 2019 and a one-year unpriced …

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