Search

SecNav Speech Details Hanwha Plans For Philly, Next Step In Reloading Missiles At Sea

SecNav Speech Details Hanwha Plans For Philly, Next Step In Reloading Missiles At Sea
Sailors from the Naval Expeditionary Logistics Support Group and USS Chosin (CG 65) guide a missile canister using the U.S. Navy’s Transferrable Rearming Mechanism (TRAM) as they demonstrate the ability to reload a Vertical Launching System cell on July 11 at Naval Surface Warfare Center, Port Hueneme Division’s Underway Replenishment Test Facility. (Photo: U.S. Navy)

In a recent speech remarking on his three years in office, the Secretary of the Navy detailed some of the plans South Korea’s Hanwha have for the Philly Shipyard and the next step in developing the capability to re-arm naval missiles at sea. In June, Hanwha announced an agreement to purchase the Norwegian-owned Philly Shipyard for $100 million. The transaction is expected to close during the fourth quarter of FY 2024 if all goes according to plan (Defense Daily, June…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Contract Updates

Intertrade Limited (Cedar Rapids, Iowa) – $9,272,637

Intertrade Limited, Cedar Rapids, Iowa, has been awarded a maximum $9,272,637 firm-fixed-price contract for F-16 generator controls. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a four-year…


Cottonwood Inc. (Lawrence, Kansas) – $44,370,000

Cottonwood Inc.,** Lawrence, Kansas, has been awarded a maximum $44,370,000 firm-fixed-price, indefinite-quantity contract for aircraft cargo tie down straps. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(5), as stated in Federal Acquisition Regulation 8.7. This is…


Teva Pharmaceuticals USA Inc. (Parsippany, New Jersey) – $46,087,497

Teva Pharmaceuticals USA Inc., Parsippany, New Jersey, has been awarded a maximum $46,087,497 modification (P00009) exercising the third one-year option period of a five-year base contract (SPE2DP-20-D-0002) with five one-year option periods for adenovirus type 4 and type 7 vaccines.…


Northrop Grumman Systems Corp. (Oklahoma City, Oklahoma) – $64,111,631

Northrop Grumman Systems Corp., Oklahoma City, Oklahoma, has been awarded an estimated $64,111,631 delivery order (SPRTA1-26-F-0034) and modification (P00015) to a four-year subsumable base contract (SPRTA1-19-D-0001) with one five-year option period for additional pricing for the manufacture and production of…