The Department of Defense is asking Congress to authorize a potential $17.7B block-buy contract for two Columbia-class ballistic missile submarines, Defense News reported Wednesday. The U.S. Navy and General Dynamics (NYSE: GD) have been in talks over the terms of a two-ship procurement and the proposed block buy, if approved, would provide the company a steady flow of shipyard work as the industrial base faces the economic impact of the coronavirus pandemic.
Read More »Lockheed Unveils Florida Ballistic Missile Program HQ; Rick Ambrose Quoted
Lockheed Martin (NYSE: LMT) has inaugurated a new facility in Titusville, Fla., that will accommodate the development and construction of ballistic missile systems.
Read More »Lockheed Secures $87M Navy Trident II Missile Support Contract
Lockheed Martin (NYSE: LMT) has secured a potential two-year, $87.3 million contract from the U.S. Navy to provide technical and program management services in support of the Trident II D5 submarine-launched ballistic missile’s navigation subsystem. The Defense Department said Wednesday the contract covers navigation hardware and software design, testing, installation and deliverables …
Read More »Lockheed Secures $541M Navy Funds to Produce, Support Trident II Missile Systems
A business unit of Lockheed Martin (NYSE: LMT) has been awarded a $540.8 million contract modification to produce Trident II D5 fleet ballistic missiles for the U.S. Navy. The Defense Department said Tuesday that Lockheed’s space systems business will also support deployed Trident II missile systems under the modification. DoD added it will allocate $454 …
Read More »General Dynamics Subsidiary Receives $147M Navy Modification for Columbia-Class Submarine Design Support
General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a $146.7 million contract modification to provide design support for the U.S. Navy‘s Columbia-class submarines. The Defense Department said Thursday the award covers design work; shipbuilder, vendor component and technology development; engineering integration; concept design studies; cost-reduction initiatives; and full-scale prototype manufacturing and assembly. Electric …
Read More »Lockheed Receives $88M Navy Trident II Missile Support Contract Modification
Lockheed Martin (NYSE: LMT) has received an $88 million contract modification from the U.S. Navy to provide Trident II D5 missile field processing and deployed system support. The Defense Department said Monday the military branch issued the modification to fund work and exercise contract options under a previously awarded contract. Work will occur …
Read More »General Dynamics, Huntington Ingalls Agree to Navy’s Submarine Unified Build Strategy
TYSONS CORNER, VA, March 30, 2016 — General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) have agreed on the U.S. Navy‘s new build strategy for the manufacture of the Virginia-class and Ohio-class submarines through 2023, ExecutiveBiz reported Tuesday. USNI News reported Monday the Navy’s “Submarine Unified Build Strategy” puts General …
Read More »Lockheed to Help Navy Build Trident II Missile Navigation Subsystems
Lockheed Martin (NYSE: LMT) has been awarded a potential $93.4 million contract to design and produce eight inertial navigation subsystems for the U.S. Navy’s Trident II D5 missiles. The sole-source contract also covers continued technology refresh development support for Shipboard Systems Integration increment 8 and SSI increment 13, the Defense Department said Friday. …
Read More »L-3 to Repair Navy Virginia-/Ohio-Class Submarines Under $45M Contract
TYSONS CORNER, VA, January 19, 2016 — L-3 Communications (NYSE: LLL) has received a three-year, $44.7 million contract for the upgrade, repair and overhaul of the photonics masts of U.S. Navy Virginia-class and Ohio-class submarines, ExecutiveBiz reported Friday. The Defense Department said Thursday the company will perform engineering, technical and other contract work in …
Read More »Lockheed Lands $147M Navy Trident II D5 Missile Engineering Support Contract
Lockheed Martin (NYSE: LMT) has secured a potential three-year, $147 million contract from the U.S. Navy to provide navigation subsystem engineering support related to Trident II D5 missiles for the U.S. and the U.K. The cost-plus-fixed-fee, cost-plus-incentive-fee contract covers fleet support, program navigation operational trainer upgrades, training system development, software modernization, refueling …
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