Navy/USMC
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ArmyLockheed Martin Receives $405.8 Million To Support Army Hypersonic Demonstrations
Lockheed Martin [LMT] has received a $405.8 million contract modification to design and build large diameter rocket motors and missile body components to support upcoming Army flight tests for the […]
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Business/FinancialBWXT Halfway Through submarine Missile Tube Fixes; Threatens Exit From Business
BWX Technologies [BWXT] is now about halfway through repairing 12 submarine missile tubes it welded incorrectly in 2018, Rex Geveden, president and chief executive officer of the Lynchburg, Va., nuclear-hardware […]
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Navy/USMCNavy’s LRASM Significantly Breached Nunn-McCurdy In 2018
The Navy’s air-launched Long-Range Anti-Ship Missile (LRASM) sustained a significant Nunn-McCurdy unit cost breach compared to the acquisition program’s baseline (APB), the Pentagon announced last Thursday. The Navy is developing […]
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Navy/USMCLHA-7 Delivery Delayed To Late 2019 or Early 2020
The next America-class amphibious assault ship, the future USS Tripoli (LHA-7), will be delivered later than planned, in late 2019 or early 2020, the shipbuilder revealed Aug. 1. Mike Petters, […]
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Navy/USMCHII Gets Another $291 Million In Stennis Refueling Prep Work
Naval Sea Systems Command (NAVSEA) awarded Huntington Ingalls Industries [HII] a $291 million modification to add Year Two preparation work for the refueling and complex overhaul (RCOH) of the USS […]
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Navy/USMCGilday Confirmed As New CNO
The Senate confirmed Vice Adm. Michael Gilday by voice vote to become the next Chief of Naval Operations (CNO) on Thursday, a day after his confirmation hearing in the Senate […]
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Navy/USMCBoeing Opens New $115 Million V-22 Osprey Production Facility
RIDLEY PARK, Pa. —Boeing [BA] on Thursday officially opened a new $115 million facility for the V-22 Osprey that will serve as the home for the Marine Corps’ effort to […]
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Navy/USMCSenators Press Gilday On Ford Carrier Problems
The nominee to be the next Chief of Naval Operations (CNO) promised the Senate Armed Services Committee (SASC) that he would report the status of the USS Gerald R. Ford […]
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Navy/USMCGeurts Warns Window For Acquisition Innovation Closing
The Navy’s top acquisition official said on Wednesday that the window for innovating in Defense Department acquisition is “closing,” so officials should push to change the culture and value those […]
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Air ForceLockheed Martin Working Over $3.5 Billion In Hypersonic Programs; Northrop, Raytheon Playing Too
Lockheed Martin [LMT] has more than $3.5 billion worth of business it has captured in hypersonic weapons, with a lot of the development work expected to move into the prototype […]