Lower profits on the F-35 fighter program and fewer space launches led to a decline in net income at Lockheed Martin [LMT] in the third quarter despite a small gain in sales, the company reported on Tuesday. Net income fell 5 percent to $1.7 billion, $6.73 earnings per share (EPS), from $1.8 ...
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The Secretary of the Navy toured a historic California shipyard facility on Oct. 2 after calling for a new maritime statecraft that includes finding ways to improve the U.S. shipbuilding industry. The Mare Island Dry Dock in Solano County, Calif., provides dry docking and pier-side vessel repair, ...
The Navy awarded Lockheed Martin [LMT] a $23 million contract on Sept. 28 for systems engineering and software integration for the Integrated Combat System (ICS), but the award could ultimately be worth over $1 billion. The ICS is the Navy’s planned combat management system of systems to ...
Collins Elbit Vision Systems, Fort Worth, Texas, was awarded a $25,837,392 firm‐fixed‐price, requirements contract for the Joint Helmet Mounted Cueing System (JHMCS) repairs. This contract provides for the repair and maintenance of the JHMCS hardware and equipment. Work will be performed in ...
NORESCO LLC, Westborough, Massachusetts, was awarded a $78,374,013 firm-fixed-price modification to previously-awarded contract N47408-00-D-8117 for energy improvements at Commander Fleet Activities Yokosuka, Japan. This award brings the total cumulative value of the task order to $438,216,405. The ...
Northrop Grumman Systems Corp., Melbourne, Florida, is awarded a $150,000,000 cost reimbursable contract modification (P00076) to a previously awarded contract (N0001918C1037). This modification provides for the production and delivery of long lead parts for five E-2D Advanced Hawkeye Aircraft in ...
Starlink Competitors? Next Friday, Oct. 6, is the planned launch date for Amazon’s two Project Kuiper Protoflight satellites aboard a United Launch Alliance (ULA) Atlas V rocket from Cape Canaveral Space Station, Fla. Amazon’s Project Kuiper hopes to put 3,236 satellites into low Earth orbit ...
GE Aviation Systems LLC, Grand Rapids, Michigan, was awarded an $8,522,008 cost-plus-fixed-fee completion contract for network security administrator certification of T-CORE GEN3 3U Virtual Path Cross-Connect Circuit Card Assembly software and hardware. This contract provides for design, ...
Raytheon Co., Tucson, Arizona, is awarded a $74,807,572 cost-plus-fixed-fee contract for Standard Missiles 2 and 6 engineering and technical support. This contract includes options which, if exercised, would bring the cumulative value of this contract to $378,588,566. This contract involves Foreign ...
From Ukraine to Arizona. The Arizona Defense and Industry Coalition (AZDIC) says that it "looks forward to welcoming Ukrainian pilots to train on F-16s at Morris Air National Guard Base in Tucson" next month. In the presence of Ukrainian President Volodomyr Zelenskyy, AZDIC President Lynndy Smith ...