:

Navy/USMC

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

Tuesday, February 25th, 2020

SHARE:

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

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]