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Latest News Mentioning U.S. Department of the Navy

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Raytheon Technologies (NYSE: RTX) has secured a $146.7 million contract from the U.S. Navy to update the Coyote unmanned aircraft system with intelligence, surveillance and renaissance and precision strike technologies. The company will finalize the Coyote Block 3 configuration and conduct flight tests in support of developmental testing and operati...

BAE Systems and four other companies will compete for waterborne surface shaft repair projects under a U.S. Navy contract worth $162 million over five years. The service branch officially awarded six positions on the multiple-award contract vehicle to include BAE’s ship repair businesses in Virginia and California, according to a Department of...

Lockheed Martin’s (NYSE: LMT) rotary and mission systems unit has won a potential $642.9 million contract to manufacture Vertical Launching System hardware for the U.S. Navy and foreign military customers. The company was granted a base firm-fixed-price and cost-plus-fixed-fee award valued at $194 million to supply customers with MK 41 VLS mod...

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has booked a $1.1 billion contract modification from the U.S. Navy to build two Block V Virginia-class submarines. The builder will use the funds to procure long-lead-time material and major components needed for the SSN 812 and SSN 813 construction projects, General Dynamics said Tuesday. ...

General Dynamics‘ (NYSE: GD) NASSCO subsidiary will build an additional fleet replenishment oiler for the U.S. Navy’s John Lewis class under a $736.2 million contract option, the Department of Defense said Monday. The service branch exercised the option to procure T-AO 213 design and construction services, as part of a $1.62 million awar...

Austal USA will lead an industry team to design and build a maximum of seven ocean surveillance vessels for the U.S. Navy under a potential $3.2 billion contract. Naval Sea Systems Command received two bids for the T-AGOS detail design and construction project and the service branch will obligate $113.9 million at the time of...

A partnership between Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell subsidiary booked a three-year, $482.3 million contract modification to manufacture additional CMV-22B Osprey aircraft for the U.S. Navy. The fixed-price-incentive award expands the scope of Bell Boeing Joint Project Office’s existing contract to supply four more unit...

HII‘s (NYSE: HII) mission technologies business will support the U.S. Navy’s shore-based training systems under a potential five-year, $242 million task order. The project will include applying a DevSecOps model to the hardware and software product development life cycle in support of the Naval Surface Warfare Center Dahlgren Division Da...

GE Aerospace will build T408-GE-400 turboshaft engines to power CH-53K production helicopters for the U.S. Navy and the Israeli government under a $683.7 million contract. The Navy ordered 129 engines under full-rate production lots six to eight, while Israel procured 40 units through a foreign military sales transaction, the Department of Defe...