Deals this week: GD Bath Iron Works, Lockheed Martin Aeronautics, Boeing

15 June 2018 (Last Updated June 15th, 2018 12:07)

General Dynamics (GD) Bath Iron Works has secured a one-year contract worth $49.8m from the US Navy to provide lead yard services for the DDG 51 Arleigh Burke-class guided missile destroyer programme.

General Dynamics (GD) Bath Iron Works has secured a one-year contract worth $49.8m from the US Navy to provide lead yard services for the DDG 51 Arleigh Burke-class guided missile destroyer programme.

The contract is expected to support the completion of Flight III design upgrades on the DDG 51-class destroyers, including improvements to the ship’s hull and the installation of a more powerful missile defence radar, as well as an increase in its shipboard power production capacity.

It features four option years, which if exercised will bring the total value of the deal to $304.8m.

“The US Naval Air Systems Command (NAVAIR) has awarded a two-year contract modification worth $862.25m to The Boeing Company for the supply of F/A-18E and 3 F/A-18F fighter aircraft.”

The Netherlands and Belgium have signed two memoranda of understanding (MoU) to jointly procure multi-purpose frigates and mine clearance vessels.

The Dutch Ministry of Defence is intending to request offers for the acquisition of multi-purpose frigates for the Royal Netherlands Navy from Damen Schelde Naval Shipbuilding and Thales Netherlands under the procurement agreement.

Furthermore, the MoU will see the Belgian Navy procure a set of minehunter vessels in Europe.

The first frigates and minehunters are currently set to enter service in 2025.

Lockheed Martin Corporation’s Lockheed Martin Aeronautics division has received a $735.74m contract modification to support the Lot 13 low-rate initial production (LRIP) of F-35 Lightning II aircraft.

Lockheed Martin Aeronautics will procure and supply long-lead time materials, parts and components for the Lot 13 and Lot 14 LRIP F-35 Lightning II aircraft until December 2019 under the revised deal.

The contract covers purchases from the US Navy, Marine Corps and Air Force.

The US Naval Air Systems Command (NAVAIR) has awarded a two-year contract modification worth $862.25m to The Boeing Company for the supply of F/A-18E and 3 F/A-18F fighter aircraft.

Boeing is set to deliver a total of 15 F/A-18E and three F/A-18F Lot 42 full-rate production (FRP) aircraft to the navy as part of the arrangement.

Work under the contract will be performed at various locations across the US until June 2020.

Hexagon Federal Inc has received a five-year contract worth $60.85m to supply commercial ruggedised marine hardware systems to the US Navy.

The marine hardware systems are to be installed on a variety of ships in order to support modernisation programmes managed by the US Naval Surface Warfare Center (NSWC) Philadelphia Division in Pennsylvania.

The contractual work is expected to be completed by May 2024.