:

Navy/USMC

Navy Awards HII Six Flight III DDG-51 Destroyers And GD Four in Multi-Billion Dollar Multi-Year Contracts

Friday, September 28th, 2018

SHARE:

Navy Awards HII Six Flight III DDG-51 Destroyers And GD Four in Multi-Billion Dollar Multi-Year Contracts

The future Arleigh Burke-class USS Ralph Johnson (DDG-114) guided-missile destroyer during builder’s seat trials in the Gulf of Mexico. A House bill would require (Photo: U.S. Navy)

The Navy last week awarded six new Arleigh Burke-class DDG-51 destroyers to Huntington Ingalls Industries [HII] and four to General Dynamics [GD] Bath Iron Works (BIW) for a combined value of $9 billion.Both fixed-price firm target multiyear contracts cover one Flight III DDG-51 destroyer for each company per year from FY 2019 – 2022. HII also won two DDG-51s in FY 2018.The larger Huntington Ingalls contract is worth $5.1 billion for six destroyers while the General Dynamics contract is worth…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]