industrial base
-
Missile DefenseNew PAC-3 Agreement Possible With Guaranteed Cash Flows And Inflation Markers, Officials Say
Defense Department and Lockheed Martin [LMT] officials confirmed specific measures around cash flows and accounting for inflation are key to a new framework agreement that aims to more than triple […]
Tagged in: -
Missile DefenseDoD and Lockheed Martin Sign Framework Agreement To More Than Triple PAC-3 MSE Production
The Department of Defense and Lockheed Martin [LMT] on Tuesday announced a new seven year-long framework agreement aimed at pushing annual production of the Patriot Advanced Capability (PAC)-3 Missile Segment […]
Tagged in: -
InternationalAustal USA To Share 3D Printing Tech With Aussie Shipbuilder ASC
Austal USA on Monday announced a recent agreement with Australia’s government-owned Australian Submarine Corporation (ASC) to share its 3D printing and additive manufacturing technology in another move to aid Australia’s […]
Tagged in: -
Navy/USMCAustralian Official Updates AUKUS Sub Workforce Progress
An Australian government official this week gave updated numbers on personnel and confirmed timelines for next steps in AUKUS workforce and maintenance projects. “We are on track to being ready […]
Tagged in: -
Navy/USMCSHIPS Act Shows Support In Committee As Lawmakers Look At Improving Commercial Shipbuilding
Senate Commerce Committee members on Tuesday expressed widespread bipartisan support for the SHIPS Act as they questioned panelists on how it can help improve domestic shipbuilding, which could bolster Navy […]
Tagged in: -
Navy/USMCHII And South Korea’s Hyundai Agree To Jointly Bid For Navy Auxiliary Ships
HII [HII] and South Korea’s HD Hyundai Heavy Industries (HHI) over the weekend signed a memorandum of agreement (MoA) to start “deeper collaboration” between the firms, including jointly bidding on […]
Tagged in: -
Navy/USMCSHIPS Act In Commerce Committee, Kaine Says
Sen. Tim Kaine (D-Va.) on Tuesday confirmed the SHIPS Act is currently working its way through the Commerce Committee but he sees ways to connect it to a defense authorization […]
Tagged in: -
Navy/USMCHanwha Picks Former PEO Ships To Lead U.S. Shipbuilding Programs
A defense business subsidiary of the South Korean conglomerate Hanwha on Monday appointed the former Program Executive Officer (PEO) for Ships, Rear Adm. (Ret.) Tom Anderson, to lead its shipbuilding […]
Tagged in: -
Navy/USMCNavy Looks To Establish Private Sector Consortium To Manage Maritime Industrial Base Investments
The Navy is starting market research to find sources that can support the establishment and management of a “Consortium or Consortia” of the Maritime Industrial Base (MIB) and execute billions […]
Tagged in: -
Navy/USMCShipbuilding Prices Have To Reflect Labor Pool and Pay Needs, Distributed Shipbuilding A Necessity: Navy Official
A Navy official on Thursday emphasized the importance of having naval shipbuilding costs reflect the labor pool and the pay requirements to build and maintain the right workforce while also […]
Tagged in: