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Tag Archives: U.S. Navy

L3 Division Gets $83M Option in Navy TH-57 Fleet Services Contract

An L3 Technologies (NYSE: LLL) division has secured a one-year, $83.1 million contract modification for depot-level logistics and organizational services to the U.S. Navy‘s fleet of TH-57 Sea Ranger helicopters. The Defense Department said Tuesday the modification exercises an option for L3’s Vertex Aerospace business to the service branch maintain and perform support work …

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Philadelphia Gear Awarded $98M for Arleigh Burke-Class Destroyer Main Reduction Gears 

Philadelphia Gear has received a $98 million contract modification from the U.S. Navy to deliver three shipsets of main reduction gears for Arleigh Burke-class guided missile destroyers. The Defense Department said Tuesday the contract includes MRGs that will be installed in the DDG 125, DDG 126 and DDG 127 ships. MRG is a set of …

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Boeing to Integrate Navy Super Hornet IR Search & Track System Under $89M Contract

Boeing (NYSE: BA) has secured an $89 million contract from the U.S. Navy to help the service branch incorporate a Block II infrared search and track system into the F/A-18 E/F Super Hornet fighter aircraft. The Defense Department said Thursday that Boeing will provide initial design and development, prototyping hardware procurement, technical risk reduction …

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General Dynamics Receives Navy Contract Modification for Missile Fire Control Tech

TYSONS CORNER, VA, May 25, 2017 — General Dynamics (NYSE: GD) will deliver Missile Fire Control System equipment and provide engineering services for two international customers under a $40.8 million contract modification from the U.S. Navy, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday the company’s ordnance and tactical systems business will …

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CSRA to Buy IT Firm NES Associates; David Keffer, Larry Prior Comment

CSRA (NYSE: CSRA) has agreed to purchase Alexandria, Virginia-based information technology services contractor NES Associates for an undisclosed amount. David Keffer, chief financial officer of CSRA, said Wednesday that the pending acquisition is in line with the Falls Church,Virginia-based company’s “long-term approach to capital allocation, as our balance sheet continues to evolve.” “After aggressively …

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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 …

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Northrop Grumman Secures Navy Contract for Triton UAS Long-Lead Materials

TYSONS CORNER, VA, May 24, 2017 — Northrop Grumman (NYSE: NOC) will supply long-lead components, materials and parts for the MQ-4C Triton unmanned aircraft system to the U.S. Navy under a $49.4 million contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday Northrop will perform work in California, Maryland, Texas, Utah, West Virginia and other …

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Leidos Secures SPAWAR Contract for Navy ISR Platform Support; Tim Reardon Comments

TYSONS CORNER, VA, May 23, 2017 — Leidos (NYSE: LDOS) will provide technical assessment, program definition and other technical services in support of a U.S. Navy intelligence, surveillance and reconnaissance platform under a $43 million contract, ExecutiveBiz reported Monday. The company said Monday the Space and Naval Warfare Systems Command Systems Center Atlantic …

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L3 Acquires UUV Power System Manufacturer in Naval Market Push; Michael Strianese Comments

L3 Technologies (NYSE: LLL) has completed the acquisition of maritime power-generation technology developer Open Water Power for an undisclosed value in a move that seeks to expand the former’s unmanned undersea vehicle portfolio. The Massachusetts-based company will take the name L3 Open Water Power and operate under L3’s sensor systems business, the …

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The Potomac Officers Club Finalizes Speaker List for 2017 Spring Cybersecurity Summit

TYSONS CORNER, VA, MAY 22, 2017 – The Potomac Officers Club — a division of Executive Mosaic — has finalized its speaker and panelist list for the 2017 Spring Cybersecurity Summit. Cybersecurity is one of the foremost concerns of leaders in both the public and private sectors. The rapid advancement of …

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