Will Huntington Ingalls Build the Navy's New Super-Frigate?
Rich Smith, The Motley Fool - Motley Fool - Sat Oct 04, 10:16AM CDT
The U.S. Coast Guard has confirmed Huntington Ingalls will not be building its new fleet of Offshore Patrol Cutters -- and great is the lamentation in Newport News, Va. Huntington Ingalls won't get to build a new Offshore Patrol Cutter for...
HII: 107.85 (+0.02), GD: 142.66 (-0.05), LMT: 186.60 (-1.37), RTN: 104.63 (+1.51)
Why Would the Pentagon Waste $1.4 Billion on This Ineffective Warship?
Rich Smith, The Motley Fool - Motley Fool - Sun Mar 16, 2:45PM CDT
After months of spending little or nothing on major weapons purchases, the U.S. Pentagon finally took out its wallet this week and started spending. Over the course of five days, the Pentagon awarded nearly $4.6 billion in new contracts -- including...
GD: 142.66 (-0.05), LMT: 186.60 (-1.37)
Defense News Roundup: U.S. Navy Buys Billions of Dollars' Worth of New Warships
Rich Smith, The Motley Fool - Motley Fool - Sun Mar 16, 6:45AM CDT
The U.S. military has a reputation as a somewhat secretive organization. But in one respect at least, the Pentagon is one of the most "open" of our government agencies. Every day of the week, rain or shine, the Department of Defense tells U.S....
HII: 107.85 (+0.02), GD: 142.66 (-0.05), LMT: 186.60 (-1.37)
Pentagon Awards General Dynamics and Austal $727 Million for LCS, Submarine Work
Rich Smith, The Motley Fool - Motley Fool - Mon Mar 10, 11:01PM CDT
The Department of Defense awarded nine separate defense contracts Monday, worth $1.6 billion in total. Among these, two contracts went to General Dynamics and Australian shipbuilder Austal , its partner in building half the U.S. Navy's fleet...
GD: 142.66 (-0.05)
Despite the Uncertainty of the Federal Budget, Navy Shipbuilding Continues
Andrew Foote, The Motley Fool - Motley Fool - Mon Mar 10, 11:27AM CDT
Defense contractors have taken a hit with recent budget fluctuations due to sequestration. While many defense project budgets have suffered drastic program reductions, shipbuilding has not been one of them. Recently, the U.S. Navy has submitted its...
GD: 142.66 (-0.05), LMT: 186.60 (-1.37)