Navy/USMC
-
Navy/USMCNavy Awards Lockheed Martin, Austal Contracts for LCS-25 and 26
The Navy on Thursday evening awarded contracts to Lockheed Martin [LMT] and Austal for construction of the 25th and 26th Littoral Combat Ships (LCS). The awards modify the each shipbuilder’s’ […]
-
Business/FinancialJ.F. Lehman Acquires Firm Servicing U.S. Government Vessels
The private equity firm J.F. Lehman & Company on Thursday said it has acquired American Scaffold in partnership with company management, adding to its portfolio of companies in the maritime […]
-
CongressNavy Funds Two of Three FY ’16 Arleigh Burke-Class Destroyers
The Navy on Wednesday funded two of the Arleigh Burke-class destroyers it procured in fiscal year 2016, with one ship for Huntington Ingalls Industries [HII] Ingalls Shipbuilding and another for […]
-
BudgetGD Electric Boat Chosen To Take Lead Role for Ohio Replacement Sub
The Navy has named General Dynamics [GD] Electric Boat the prime contractor for the Ohio replacement submarine, while Huntington Ingalls Industries [HII] Newport News Shipbuilding will take a secondary role […]
-
CongressLockheed Martin’s Remote Minehunting System Cancelled
The Defense Department in its 2015 Selected Acquisition Report (SAR) officially rang the death knell for Lockheed Martin‘s [LMT] Remote Minehunting System (RMS), a mine detecting semi-submersible that was originally […]
-
ArmyOshkosh JLTV Saves Army, Marine Corps $6 Billion Over Life Of Program
By choosing the Oshkosh [OSK] Joint Light Tactical Vehicle (JLTV), the Army and Marine Corps stand to save $6 billion over the life of the program, which will replace portions […]
-
Air ForceCost of Procuring, Sustaining F-35 Drops, But Overall Estimated Program Cost Grows by $16B as Lifespan Pushed to 2070
Over the past year, the Defense Department has been able to drive down procurement and operations and sustainment costs of the F-35 joint strike fighter, but a decision to extend […]
-
Air ForceBogdan: Separate Program For F-35 Block 4 Mods Would Increase Cost, Schedule Difficulties
Congress’ government watchdog office and the Pentagon’s F-35 Joint Program Office (JPO) are at odds over how to structure the jet’s Block 4 modernization effort. In a March 23 hearing, […]
-
Air ForceF-35 Block 3 Software Stability Challenges Program
F-35 software instability in both blocks 3i and 3f causes certain aircraft sensors, including the radar, to shut down for minutes at a time before fully recovering, according to a […]
-
CyberU.S. Navy Awards Georgia Tech Research Contract
The U.S. Navy awarded the Georgia Tech Research Institute (GTRI) an $84.5 million indefinite-delivery/indefinite-quantity (ID/IQ) cost-plus-fee contract for command, control, communications, computers, intelligence, and cyberspace technology research, the Defense Department […]