Deals this week: BMT Defence Services, Lockheed Martin Sippican, Huntington Ingalls

26 May 2016 (Last Updated May 26th, 2016 18:30)

BMT Defence Services (BMT), a subsidiary of UK-based maritime and engineering consultancy BMT Group, has been selected to provide a 3D walkthrough training system for Queen Elizabeth Class (QEC) aircraft carriers.

K 48 Mod 7 heavyweight torpedo

BMT Defence Services (BMT), a subsidiary of UK-based maritime and engineering consultancy BMT Group, has been selected to provide a 3D walkthrough training system for Queen Elizabeth Class (QEC) aircraft carriers.

The system will support the suitably qualified and experienced personnel (SQEP) training programme, under which BAE Systems will provide training to the UK Royal Navy's personnel for safe navigation on the QEC aircraft carriers during the course of their duties.

Lockheed Martin Sippican has been awarded a $72.84m contract by the US Naval Sea Systems Command (NAVSEA) to provide guidance and control systems for the MK 48 Mod 7 heavyweight torpedo up to December 2019.

The contract also requires Lockheed Martin Sippican to provide upgrade kits, engineering support, spare parts and test equipment for MK 48 Mod 7 common broadband advanced sonar system (CBASS).

Huntington Ingalls (HII) has been awarded a $152m contract by NAVSEA to perform advance planning for the design and manufacture of the USS Enterprise (CVN-80) nuclear-powered aircraft carrier.

The contractual scope also includes research and development, and procurement of long lead materials for the initial development stage.

Booz Allen Hamilton Holding Corporation, based in the US, has announced the pricing for its 13,000,000 Class A shares at $28.20, each on an underwritten basis by an affiliate of private equity company the Carlyle Group.

The offering, through which Carlyle will acquire 11.3% of Booz Allen's outstanding common stock, will generate total proceeds of $366.6m.

L-3 Communications Vertex Aerospace has received a firm-fixed price, indefinite-delivery contract worth $302.21m from the US Naval Air Systems Command (NAVAIR) to provide materials, logistics support and maintenance services for C-12 Huron military utility aircraft.

As part of the deal, the company will provide associated services for the US Marine Corps Reserve's C-12 (UC-12B/F/M/W) aircraft, as well as for the US Navy's TC-12B trainer aircraft.

The contract is anticipated to be completed in July 2021.


Image: Lockheed Martin Sippican will provide guidance and control systems for the MK 48 Mod 7 heavyweight torpedo. Photo: Courtesy of Lockheed Martin Corporation.