Tag Archives: ship

Navy Selects 6 Companies for SHIP Microelectronics Tech Dev’t Project

The Naval Surface Warfare Center, Crane Division used its other transaction authority to award multiple contracts to six companies to develop and test digital and radiofrequency microelectronics as part of the initial phase of the State-of-the-art Heterogeneous Integration Prototype project, Naval Sea Systems Command reported Thursday.

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General Dynamics Lands $83M Littoral Combat Ship Maintenance Contract

A General Dynamics (NYSE: GD) subsidiary has received an $83.5 million contract to sustain the U.S. Navy’s fleet of littoral combat ships and maintain the vessels’ facilities. San Diego-based General Dynamics National Steel and Shipbuilding Co. will work to control corrosion on the ships, schedule maintenance works, administer support services and …

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Raytheon Receives $349M Navy Destroyer Equipment Contract Modification

Raytheon (NYSE: RTN) has received a potential $349.2 million contract modification to manufacture tools for the U.S. Navy’s future USS Lyndon B. Johnson destroyer. Raytheon will produce mission system equipment for the Zumwalt-class ship through October 2019 if the Navy exercises all options, the Defense Department said Thursday. Construction of the …

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Huntington Ingalls 3Q Earnings, Revenue Beat Wall Street Estimates; Profit Up 15%

Huntington Ingalls (NYSE: HII) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported third quarter earnings of $2.29 per share to exceed Wall Street analysts’ forecasts by 16 cents and the prior year figure by 33 cents. Profit for the Newport News, Virginia-based shipbuilder rose 15.62 percent year-over-year …

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Lockheed Lands $120M Navy Submarine Imaging System Engineering Contract

Lockheed Martin (NYSE: LMT) has received a $120, 400, 598 contract modification to engineer and test the U.S. Navy’s submarine imaging system. The company will work to design, refresh, reverse engineer, assess and develop the AN/BVY-1 system, the Defense Department said Wednesday. Lockheed will execute the option under a previously awarded …

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Lockheed Martin to Install Aegis Weapon System on US Navy Ships; Chris Minster Comments

Lockheed Martin (NYSE: LMT) has won a potential 10-year, $427, 607, 895 contract to integrate the Aegis weapon system into the U.S. Navy’s ships. The company will work to manage the design, installation, assessment and maintenance of the system throughout a vessel’s lifecycle, the Defense Department said Friday. Lockheed will also develop …

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Huntington Ingalls 3Q 2014 Revenue Up 5%; Mike Petters Comments

Huntington Ingalls Industries (NYSE: HII) has announced financial results for the third quarter of its 2014 fiscal year ended Sept. 30, 2014. The submarine and ship manufacturer posted a 4.9-percent revenue increase to $1.72 billion from the same period in 2013 and booked $400 million in new contract awards for …

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General Dynamics NASSCO Awarded $128M to Detail, Design 3rd Navy MLP Ship Conversion

General Dynamics NASSCO will carry out detail design and construction work to modify a mobile landing platform ship for the U.S. Navy under a $128.5 million contract modification. The subsidiary is working to convert the MLP 3 ship into an afloat forward staging base variant and aims to complete the …

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Huntington Ingalls Begins Constuction on Sixth Cutter for Coast Guard; Jim French Comments

Huntington Ingalls Industries‘ (NYSE: HII) shipbuilding division has begun building another national security cutter for the U.S. Coast Guard. The Munro is the firm’s sixth NSC and joins two cutters,  the Hamilton and the James, that Huntington Ingalls has already been constructing, the company said Tuesday. The firm has already delivered …

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