General Dynamics has won a $22 million contract to design offshore patrol cutters for the U.S. Coast Guard, Bloomberg Businessweek reported Wednesday. Kathleen Miller and Jonathan Salant write that General Dynamics’ shipbuilding business is one of the three companies selected to compete for the branch’s potential $12 billion shipbuilding program. “It is also a significant […] More

The U.S. Navy told Congress its plans to buy two Ford-class aircraft carriers in an effort to save billions of dollars as the military service pursues its 355-ship fleet goal, Reuters reported Tuesday. The service branch approached Huntington Ingalls Industries last year to obtain a detailed pricing on the potential cost of a block buy. Sen. Tim […] More