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Tag Archives: Submarine

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 to Update US, Australian Sub Combat Control Systems; Mike Eagan Comments

A General Dynamics (NYSE: GD) business unit has received $50 million in contract modifications to continue modernization work for combat control systems in U.S. and Australian naval submarines. General Dynamics Advanced Information Systems has worked on the AN/BYG-1 combat control systems since 2003,  General Dynamics said Tuesday. “By introducing our open architecture framework into …

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General Dynamics-Huntington Ingalls Team Awarded $18B to Build Subs; Jeffrey Geiger, Matt Mulherin Comment

General Dynamics (NYSE: GD) Electric Boat subsidiary and Huntington Ingalls’ (NYSE: HII) Newport News Shipbuilding will continue to jointly construct submarines for the U.S. Navy under a $17.6 billion contract. The team will work to develop 10 additional Virginia-class Block IV submarines over five years beginning on May 1 and …

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Lockheed to Update Navy Submarine Imaging Tech

Lockheed Martin (NYSE: LMT) has won an $8.8 million contract to provide the U.S. Navy with 20 AN/BVY-1 integrated submarine imaging systems, Military Aerospace & Electronics reported Sunday. John Keller writes the Naval Sea Systems Command awarded the contract to Lockheed’s mission systems and training segment and it expects delivery …

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Navy Schedules Unmanned Underwater Vehicle Industry Seminar

The U.S. Navy will brief industry in October on a program to build an unmanned underwater vehicle for long-term coastal operations, Military & Aerospace Electronics reported Thursday. John Keller writes the Naval Undersea Warfare Center and Naval Sea Systems Command will jointly discuss the Large Displacement Unmanned Undersea Vehicle program …

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General Dynamics Wins $209M for Navy Submarines

A General Dynamics (NYSE: GD) subsidiary has won a $208.6 million contract modification to acquire lead-time materials for three U.S. Navy submarines. General Dynamics Electric Boat will purchase components such as steam and electrical-plant parts, main propulsion unit and turbine generators, and miscellaneous hull, mechanical and electrical systems, General Dynamics said …

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General Dynamics Wins Hartford Submarine Dry Dock Award

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has won a $9, 504, 885 contract modification to continue maintenance and modernization work on a U.S. Navy submarine. The modification covers fiscal year 2013 dry-docking selected restricted availability of the USS Hartford, the Defense Department said Friday. Work will include maintenance activities, …

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Northrop Helping Produce Navy Mine Defenses

Northrop Grumman (NYSE: NOC) has won a $28, 557, 888 modification contract to provide engineering services for the U.S. Navy‘s Littoral Combat Ship program. The company will help plan production of mission packages to be integrated with the ships and aim to evaluate system maturity, the Defense Department said Friday. …

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General Dynamics and Huntington Ingalls Win $4.5B to Design, Build Navy Submarines

General Dynamics Corp. and Huntington Ingalls Industries Inc. have won up to $4.5 billion as part of three submarine contracts from the U.S. Navy, according to a Reuters report. General Dynamics is tasked to perform research and development on a new submarine to replace the current Ohio-class vessels carrying nuclear …

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Navy Hands Down Max $900M C5ISR Support IDIQ

The U.S. Navy has awarded seven companies positions on a potential $899, 543, 000 contract for helping design and produce capabilities in C5ISR (command, control, communications, computers, combat systems, intelligence, surveillance and reconnaissance). According to the Defense Department, the base year is worth $179, 908, 687 and the contract covers …

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