A General Dynamics (NYSE: GD) subsidiary will continue to provide lead yard services to the U.S. Navy’s Virginia-class submarine construction program under a one-year, $482.1 million contract modification. Naval Sea Systems Command issued the cost-plus-fixed-fee modification to General Dynamics Electric Boat as part of a previously awarded con...
Austal USA has received a potential $385.1 million contract to finalize the design and begin the construction of the U.S. Navy’s Navajo-class Towing, Salvage and Rescue Ship. The Mobile, Alabama-based shipbuilder will initially build two T-ATS vessels under a $144.6 million fixed-price-incentive modification to a previously awarded contract an...
James Stavridis, a 37-year U.S. Navy veteran, has joined the board of directors at Sunnyvale, California-based cybersecurity company Fortinet (Nasdaq: FTNT). The retired admiral works for The Carlyle Group as a managing director and vice chairman of the investment firm’s global affairs and chairs the board of trustees at the Rockefeller Founda...
General Electric‘s (NYSE: GE) aviation subsidiary will perform modernization, repairs or replacement work two components of the T700 engine that powers U.S. Navy and Marine Corps helicopters. The Department of Defense said Friday that GE Aviation will also help the two military services manage engine inventories for the H-60 Seahawk and AH-1 C...
Delphinus Engineering and Epsilon Systems will provide services, equipment and facilities to help the U.S. Navy maintain the safety of military submarines under a potential three-year, $892 million, multiple-award contract. The contractors will perform technical and administrative services, deliver supplies and equipment and offer facilities to supp...
General Dynamics‘ (NYSE: GD) mission systems business has won a potential five-year, $275.6 million contract from the U.S. Navy for the design, development and testing of a maritime mine deployment system. The company will deliver a prototype of the Hammerhead system meant to detect and engage anti-submarine warfare targets, the Department of ...
A Fluor (NYSE: FLR) subsidiary has received a $1.16 billion award from the U.S. Navy to extend propulsion work at the Naval Nuclear Laboratory through fiscal year 2022. The military service exercised a cost-plus-fixed-fee option on its contract with Fluor Marine Propulsion, the Department of Defense said Thursday. FMP initially won a potential $13.0...
Raytheon Technologies (NYSE: RTX) has been awarded a potential $1.28 billion contract by Naval Sea Systems Command to provide full-rate production services to the Evolved Seasparrow Missile Block 2 program, a collaboration between the U.S. and several other NATO member countries. The firm-fixed-price contract has a $358 million initial value and cov...
A Tutor Perini (NYSE: TPC) subsidiary will construct a machine gun range at Andersen Air Force Base in Guam as part of a three-year, $122 million contract awarded by the Pacific Division of the Naval Facilities Engineering Systems Command. Black Construction’s project at the Northwest Field includes the development of a multi-lane, multi-purpo...
Raytheon Technologies (NYSE: RTX) has received a potential $362.4 million contract from the U.S. Navy to provide engineering and technical services supporting the Evolved Seasparrow Missile and NATO Seasparrow Missile Systems programs. The cost-plus-fixed-fee and cost-only contract has a base value of $105.8 million and involves purchases from the N...
