Artist’s rendering of the Columbia-class SSBN submarine. US Navy Image
The Navy on Wednesday issued General Dynamics Electric Boat a $5.1 billion contract modification for the Columbia-class ballistic missile submarine contract.
The modification is for spare parts, long lead items for missile tubes, making the missile tubes, sustainment work both for Columbia and the United Kingdom’s Dreadnought-class ballistic missile submarine program, and other advanced procurement items, according to the...
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has been awarded a contract by Newport News Shipbuilding (NNS) to provide essential parts through its Hunt Valve subsidiary for the Ford Class aircraft carriers CVN 78 – CVN 81. The contract, valued at approximately $2 million, covers parts that will be delivered during the second and third quarters of 2022.
Hunt Valve, acquired by Fairbanks Morse Defense in 2021, manufactures valves and electromechanical...
Leaders from the House and Senate armed services committees agreed to a $738 billion Fiscal Year 2020 National Defense Authorization Act, which approves funding for several Navy programs but also imposes limits on a few high-profile ship programs.
Both chambers of Congress are expected to vote on the FY 2020 NDAA later this week. The compromise closed some of the gap separating the House and Senate version of the bill passed earlier this year. The House version authorized $733 billion. The...