Navy/USMC
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Navy/USMCHII Nabs $25 Billion Of New Submarine Contract
HII [HII] on Thursday said its Newport News Shipbuilding division’s portion of the Navy’s latest multi-boat multi-year submarine contract deal is worth $25 billion. HII in a statement Wednesday evening […]
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Navy/USMCMarine Corps Accepts Final MV-22B Osprey, Completing Program Of Record
The Marine Corps received its 359th and final Bell-Boeing MV-22B Osprey tiltrotor aircraft from Bell Textron Inc. [TXT] during a ceremony this week, completing its program of record. The ceremony […]
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Navy/USMCNavy Awards $76.6 Billion For Nine Block VI Virginia-Class And Five Columbia-Class Submarines
The Navy on Wednesday awarded General Dynamics [GD] Electric Boat a contract worth $76.6 billion to build nine Virginia-class Block VI attack submarines (SSNs) and five Columbia-class ballistic missile submarines […]
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Business/FinancialAerospace, Shipbuilding Drive Strong Second Quarter At General Dynamics
General Dynamics [GD] on Wednesday reported strong second quarter results led by its business jet and aircraft services, and shipbuilding segments, which both delivered double-digit top and bottom-line increases. Net […]
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Unmanned SystemsNavy Seeks Vendor-Neutral USV Maintenance Framework
The Navy last week issued a Request for Solutions (RFS) notice to find a self-sufficient maintenance sustainment and training framework that can work with its evolving fleet of Unmanned Surface […]
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Navy/USMCHII Adds Outsourcing To Amphib Construction; Australian Official Visits
HII’s [HII] Ingalls Shipbuilding Division on Monday announced it was expanding its use of outsourcing to include modular construction on amphibious warships, starting with the future USS Philadelphia (LPD-32) San […]
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Business/FinancialBoeing Takes $280 Million Charge On Air Force One In Second Quarter; Risk Low On KC-46
Boeing [BA] on Tuesday said it recorded $280 million of losses on the Air Force VC-25B program—Air Force One—to account for more investment in “production and certification resources,” but the […]
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Navy/USMCNavy Under Secretary Argues Focus On Acquisition Cost Usually Counterproductive; Explains Reform Moves
The official performing the duties of Under Secretary of the Navy this month argued that the Navy’s “zealous pursuit of cost is almost always counterproductive, where our zealous pursuit of […]
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Unmanned SystemsSaronic Partners With Samsung Heavy Industries For Unmanned Shipbuilding
Saronic announced a new strategic partnership with South Korea’s Samsung Heavy Industries on Thursday to help accelerate development of autonomy-capable maritime systems and technologies that aim to improve the U.S. […]
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WeaponsCoAspire Wins $70 Million Contract For Navy Affordable Coalition Missile Program
The Navy recently awarded CoAspire a $70 million prototype Other Transaction Agreement (OTA) for its Rapidly Adaptable Affordable Cruise Missile-Extended Range (RAACM-ER) ground-launched variant for its new Coalition Heterogeneous Affordable […]
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