Latest Federal & Government Contracting Companies' News Coverage

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Latest Federal & Government Contracting Companies' News Coverage

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The U.S. Navy commissioned an Arleigh Burke-class guided missile destroyer, built by General Dynamics‘ Bath Iron Works subsidiary, at a ceremony held Saturday at Naval Air Station North Island in San Diego, California. USS Rafael Peralta (DDG 115) was constructed to support the Navy’s crisis management, peacetime, power projection and sea control missions, the service branch said […] More
The U.S. Navy will conduct acceptance trials of its future USS Gerald R. Ford aircraft carrier at sea before the end of May, USNI News reported Thursday. Acting Navy Secretary Sean Stackley told reporters at the U.S. Naval Institute’s annual meeting that the service branch currently works to address issues identified during the carrier’s builders trials before sending the ship back to sea. […] More
Austal‘s U.S. subsidiary will host a christening ceremony Saturday for the U.S. Navy‘s future Independence-variant littoral combat ship at the company’s shipyard in Mobile, Alabama. The USS Tulsa, designated LCS 16, is the second Navy ship that honors the same-named city in Oklahoma and built to support the service branch’s near-shore environment and open-ocean operations. Tulsa is designed to eliminate asymmetric “anti-access” […] More
The U.S. Army and Navy have released their respective lists of vendors the services commend for the companies’ performance as defense suppliers across the fiscal years 2013 through 2015. The fiscal year 2016 Superior Supplier Incentive Program list identifies the top-performing business units within defense corporations and provides opportunities for those businesses to discuss prospects with […] More
Shield Capital has launched its first venture capital fund to support startups that are developing technologies for national security and commercial customers. The venture capital firm said Tuesday it exceeded the $120 million fund goal for Shield Capital Fund I. Shield Capital’s investment strategy is focused on early-stage companies working on technologies in artificial intelligence, […] More

The all-stock merger between L3 Technologies and Harris Corp. has been completed to form L3Harris Technologies (LHX), the new company announced on Monday. L3Harris is officially the sixth largest defense company in the United States worth approximately $17 billion in revenue with over 50,000 employees. The company also announced the details regarding its own leadership, the board of directors and organizational structure. 

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Huntington Ingalls Industries‘ Newport News Shipbuilding unit has delivered a first-of-class aircraft carrier to the U.S. Navy following the platform’s completion of acceptance trials. The company said Thursday the USS Gerald R. Ford carrier, dubbed CVN 78, is the first in the Ford class of carriers that serves as successor to the Nimitz-class ships. CVN 78 is equipped […] More
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