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Top 5 Defense Contracts of January 8
Wednesday was a very big day for Navy contracts.
Today’s top 5
In today’s top contract, the Navy states it has qualified “1,023 businesses in multiple locations across 43 of the 50 United States, Puerto Rico, and Washington, D.C.” to bid on $5 billion in contracts, annually, to support R&D into “new and existing Naval capabilities and systems.”
It’s a huge amount of money to be allocated for very vague projects, and so far the Navy isn’t saying who exactly is on the list of “1,023 businesses.”
Contract Amount: $5,000,000,000
Contracting Branch: US Navy
Project: SeaPort Next Generation (SeaPort-NxG) engineering work and program management
Delivery Due Date: None stated
Lockheed Martin Corp., Lockheed Martin Aeronautics Co.
Ticker: LMT
Contract Amount: $678,442,004
Contracting Branch: US Navy
Project: Special test/tooling equipment for F-35 upgrades
Delivery Due Date: December 2028
Raytheon Co.
Ticker: RTX
Contract Amount: $333,281,489
Contracting Branch: US Navy
Project: Standard Missile-6 (SM-6) full rate production
Delivery Due Date: September 2030
General Dynamics Electric Boat Corp.
Ticker: GD
Contract Amount: $188,000,000
Contracting Branch: US Navy
Project: Spare parts for Virginia Class Block V submarines
Delivery Due Date: September 2035
General Dynamics Electric Boat Corp.
Ticker: GD
Contract Amount: $83,729,655
Contracting Branch: US Navy
Project: Completion of the USS Hartford (SSN 768) engineered overhaul
Delivery Due Date: November 2027
Full announcement: https://www.defense.gov/News/Contracts/Contract/Article/4024737/