Navy/USMC

By Geoff Fein Over the remaining nine days, Lockheed Martin [LMT] and the Navy will put the  Freedom (LCS-1) through her paces preparing the vessel for acceptance trials slated to […]

By Calvin Biesecker Northrop Grumman [NOC] yesterday reported solid increases in net income and sales although the higher earnings were driven by lower corporate and pension expenses as three of […]

By Geoff Fein Lockheed Martin’s [LMT] USS Freedom (LCS-1), the first of a new breed of multi-mission Littoral Combat Ships (LCS), began builders trials Monday, nearly two years since she […]

By Geoff Fein Raytheon [RTN] is currently working on a new offer to the Navy for the company’s Block IV Tomahawk cruise missile, though the new contract will likely not […]

By Geoff Fein Sean Stackley was sworn in yesterday as Assistant Secretary of the Navy for Research, Development and Acquisition ASN (RDA). Stackley, a retired Navy officer, has been Republican […]

By Emelie Rutherford A defense official said late last week the Pentagon is not sold on the Navy’s attempt to stop buying DDG-1000 destroyers and build eight more DDG-51s, just […]

By Emelie Rutherford The Navy will have a new acquisition chief soon, because the Senate on Wednesday approved the nomination of congressional staffer Sean Stackley to the post. Stackley will […]

By Geoff Fein A overlooked point in the debate whether to end the DDG-1000 program is that the ship is the most capable vessel and most successful shipbuilding program the […]

By Calvin Biesecker Raytheon [RTN] yesterday reported strong second quarter financial results driven by strong earnings at its missiles, and mission and training support businesses coupled with improved operating performance, […]

By Geoff Fein The Navy yesterday acknowledged that it would seek to buy eight DDG-51s and cease any further acquisition of DDG-1000 beyond the two already planned. "The Department of […]