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Navy/USMC

Reactor Builder Says Only One Virginia Sub In FY ’21 Could Hit Bottom Line

Tuesday, February 25th, 2020

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Reactor Builder Says Only One Virginia Sub In FY ’21 Could Hit Bottom Line

The future USS Indiana (SSN-789), a Virginia-class submarine, is launched into the James River and moved to a submarine pier for final outfitting, testing, and certification. (Photo: Huntington Ingalls Industries)

The Navy’s only manufacturer of nuclear reactors, BWX Technologies [BWXT], said if the Navy only procures one Virginia-class attack submarine in FY 2021 as requested, it could cause a financial hit to the company. President, CEO & Director of BWX Technologies Rex Geveden said in quarterly earnings call with analysts that while there is a “long way to go on getting from a President’s budget request to an appropriated program” they are “extremely vigilant” on the Virginia issue. “If that…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]