Tag Archives: Navy

Timken Gets $147M Modification on Navy Destroyer Ship Gear Contract

Timken Gears and Services has received a $147.4M U.S. Navy contract modification to provide main reduction gear shipsets for Arleigh Burke-class guided missile destroyers. The gear is designed to transfer power from a pair of main gas turbine engines to propulsion shafts of the vessels, the Department of Defense said …

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Navy Awards 17 Spots on Potential $249M Fleet Readiness Center Equipment Supply IDIQ

Seventeen large and small contractors won spots on a potential five-year, $248.9M contract to provide sustainment equipment to U.S. Navy Fleet Readiness Centers. Contractors may compete for each order under 14 functional areas covering ancillary, measurement, sustainment, protection and testing platforms, the Department of Defense said Tuesday. The Navy received …

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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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