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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Huntington Ingalls Industries has started construction work on the U.S. Navy's lead Columbia-class (SSBN 826) ballistic missile submarine through a cut-of-steel ceremony at the firm's Newport News Shipbuilding facility. HII said Thursday it secured a contract from General Dynamics' Electric Boat subsidiary to perform advance construction efforts for the vessels, which will developed using digital blueprints and replace the service's fleet of Ohio-class submarines.

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General Dynamics' electric boat subsidiary has christened PCU Idaho, the U.S. Navy's 26th Virginia-class nuclear-powered fast-attack submarine, which is designed to support anti-submarine and surface ship warfare and special operations. Terry Stackley, the ship sponsor, performed the bottle break that christened the vessel, which is the first Navy submarine to be named after the state of Idaho, General Dynamics Electric Boat said in a LinkedIn post published Sunday.

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HII has secured a $100 million cost-reimbursable modification to its contract with the U.S. Navy for the construction of the future USS Enterprise nuclear aircraft carrier. The Department of Defense said Thursday the company will establish a Nuclear Enterprise Workforce Special Incentive to facilitate the government's strategic co-investments in recruiting, training and retaining personnel involved in nuclear ship construction and repair activities.

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HII will continue providing the U.S. Navy and foreign allies with services in support of submarine availabilities, facilities and conversion under a $90.8 million cost-plus-fixed-fee contract modification. The Department of Defense said Friday majority of work will be conducted in Newport News, Virginia, until September 2024. It includes engineering, technical and program management support of […] More
HII‘s Newport News Shipbuilding division has laid the keel for the U.S. Navy’s 29th Virginia-class nuclear-powered attack submarine. The keel authentication commences the construction of the future USS Oklahoma (SSN 802), the first Virginia-class ship in Block V configuration and the 14th vessel to be delivered by NNS, HII said Wednesday. Fast-attack submarines are employed […] More
The United States has the largest defense expenditures among all nations globally. In the year 2022 alone, the nation’s expenditure amounted to a staggering $877 billion—more than the next ten countries combined at $849 billion. As we delve into the year 2023, defense allocation accounts for 16.4% of the federal government’s budget, translating to a […] More
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