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Tag Archives: U.S. Navy

General Dynamics BIW Begins Construction of Navy’s USS Patrick Gallagher Destroyer

TYSONS CORNER, VA, November 13, 2018 — A subsidiary of General Dynamics (NYSE: GD) has moved to construct the final Flight IIA-configuration, Arleigh Burke-class guided missile destroyer that will eventually join the U.S. Navy fleet, ExecutiveBiz reported Monday. The Naval Sea Systems Command said Friday General Dynamics Bath Iron Works is …

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Report: General Dynamics Posts 13% Increase in Q3 Mission Systems Segment Revenue

McAleese & Associates has provided an overview of General Dynamics’ (NYSE: GD) financial results in the third quarter of 2018. The Falls Church, Va.-based defense contractor’s mission systems sector reported a 13 percent increase in Q3 sales with an operating margin of 14.6 percent, reflecting an 18 percent growth in …

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Perspecta Awarded $486M Navy, Marine IT Network Support Extension; Mac Curtis Quoted

Perspecta (NYSE: PRSP) has secured an eight-month, $486M contract modification to extend information technology support services under the Department of the Navy’s Next Generation Enterprise Network program. Space and Naval Warfare Systems Command issued the modification to extend a previously awarded indefinite-delivery/indefinite-quantity contract’s potential ordering period from Oct. 1, 2019 to May …

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Draper Awarded $110M Navy Hypersonic Missile Guidance Research Support Extension

Charles Stark Draper Laboratory has received a $109.5M contract modification to support the U.S. Navy’s research into hypersonic guidance technologies for the common missile compartment of U.S. Columbia-class and U.K. Dreadnought-class submarines. The Defense Department said Friday Draper will also provide technical and engineering services for a guidance, navigation and control system …

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Leidos, Sparton to Produce New Acoustic Device Countermeasure System for Navy Subs

TYSONS CORNER, VA, November 9, 2018 — Leidos (NYSE: LDOS) has entered into a partnership with Sparton to help build an acoustic device countermeasure system that will work to protect U.S. Navy submarines from enemy torpedoes, ExecutiveBiz reported Thursday. Sparton said Tuesday it will provide manufacturing services in support of Leidos’ contract …

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HII Names Triumph Group as Remote Valve Actuation Systems Supplier for Navy Carrier

TYSONS CORNER, VA, November 2, 2018 — Huntington Ingalls Industries (NYSE: HII) has tapped Triumph Group to support efforts to update the U.S. Navy‘s USS George Washington aircraft carrier as part of the former’s previously awarded $2.8B contract with the service branch, ExecutiveBiz reported Thursday. Triumph said Wednesday its integrated …

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Sunil Ramchand Named President, Chief Growth Officer of VT Group

Sunil Ramchand, former CEO of Mission Essential, has joined VT Group as president and chief growth officer at the Chantilly, Va.-based defense technology contractor. He will oversee VT Group’s growth strategy and also serve as a member of its board of directors, the company said Wednesday. The U.S. Navy veteran previously served in …

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BAE Unit to Support Navy Air Traffic Control, Landing Systems Under Potential $72M IDIQ

A BAE Systems business unit has received a potential five-year, $72M contract to support air traffic control and landing systems on ships or at shore facilities of the U.S. Navy. BAE’s technology solutions and services group will provide equipment modification, system safety work, quality assurance, test bed operations and technical support services to …

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HII Shipyard to Update, Maintain & Repair Navy’s USS O’Kane Destroyer

TYSONS CORNER, VA, October 30, 2018 — Huntington Ingalls Industries (NYSE: HII) will work to update a U.S. Navy Arleigh Burke-class destroyer under a potential $51.5M contract that runs through January 2020, ExecutiveBiz reported Monday. The Defense Department said Friday HII San Diego Shipyard will perform maintenance and repairs on USS O’Kane as part of the …

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McAleese & Associates: Northrop COO Kathy Warden’s Defense Program ‘Watchlist’ Includes GBSD, OPIR

Consulting firm McAleese & Associates has released a new report listing several defense programs under the “watchlist” of Kathy Warden, president and chief operating officer of Northrop Grumman (NYSE: NOC). Jim McAleese, founder and principal at McAleese & Associates, said those include the U.S. Air Force’s Ground Based Strategic Deterrent competition, Overhead …

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