Lockheed Lowering F-35 Simulator Costs Through 3-D Printing

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  May 1, 2020 | International, Naval

  CACI Awarded $199 Million Contract to Support U.S. Navy Satellite Systems and Networks for Special Operations

  April 27, 2020 - CACI International Inc (NYSE: CACI) announced today that it has been awarded a five-year and six-month, if all options are exercised, single-award indefinite delivery/indefinite quantity contract, with a ceiling value of $199 million, to provide communications systems, satellite communications, and network support services to the Naval Information Warfare Center (NIWC) Atlantic in support of U.S. Special Operations Command. Under the contract, CACI engineers and technicians will provide mission expertise, including fielding and training for operational systems, maintenance, logistics, and 24/7 technical support for personnel working with the satellite and network systems. CACI will support approximately 2,000 satellite communications systems worldwide, as well as wide-area network infrastructure services for nearly 90 sites. CACI has a unique and modern facility designed to seamlessly support and enhance NIWC's mission. CACI experts can maintain, assemble, and test satellite communications systems at the Fayetteville, NC. facility to maximize those systems' efficiency and accuracy while also supporting the warfighter with continuous improvements. John Mengucci, CACI President and Chief Executive Officer, said, “This recompete award results from the longstanding professional and productive relationship between our dedicated team and NIWC, focused on providing servicemembers with the critical communications support they need to execute their mission.” CACI Executive Chairman and Chairman of the Board Dr. J.P. (Jack) London, said, “As our country continues to face evolving national security threats, CACI remains focused on providing the support our customers rely on to safeguard our nation.” CACI's 23,000 talented employees are vigilant in providing the unique expertise and distinctive technology that address our customers' greatest enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition as a Fortune World's Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index, we consistently deliver strong shareholder value. Visit us at www.caci.com. There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI's Annual Report on Form 10-K for the fiscal year ended June 30, 2019, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof. CACI-Contract Award View source version on businesswire.com: https://www.businesswire.com/news/home/20200427005135/en/

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  September 24, 2020 | International, Aerospace, Naval, Land, C4ISR, Security, Other Defence

  Opinion: What’s In A Defense Budget Cut?

  Former Vice President and Democratic presidential candidate Joe Biden commented in a Sept. 10 Stars and Stripes interview that he does “not see major reductions in the U.S. defense budget” if he is... https://aviationweek.com/defense-space/budget-policy-operations/opinion-whats-defense-budget-cut

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  February 4, 2019 | International, Naval

  US Navy signs mammoth contract with Huntington Ingalls for two aircraft carriers

  By: David B. Larter WASHINGTON — The U.S. Navy has signed a $14.9 billion contract with shipbuilder Huntington Ingalls for two Ford-class aircraft carriers, the Navy announced Thursday evening. By buying two carriers simultaneously, the Navy expects to save $4 billion, according to a Navy release. Navy Secretary Richard Spencer hailed the deal as a team effort and said the contract will create stability for the skilled workforce and create savings as a result. “Focusing on optimizing construction activities and material procurement, the team was able to achieve significant savings as compared to individual procurement contracts," Spencer said in the release. “One contract for construction of the two ships will enable the shipbuilder flexibility to best employ its skilled workforce to design once and build twice for unprecedented labor reductions while providing stability and opportunities for further efficiencies within the nuclear industrial base.” The carriers were previously reported to cost about $24 billion, and the the Navy projected it would save about $4 billion by contracting for two Ford-class carriers. A release from the office Rep. Rob Wittman, R-Va., the ranking member of the House Armed Services Committee Seapower subcommittee congratulated the Navy for closing the deal. “This dual buy means even larger savings than projected for taxpayers and the certainty that our industrial base needs to retain and hire the employees who create the highest quality products for our sailors," Wittman said. "For Virginia it means thousands of reliable jobs and community development for the next decade and beyond. As one of the largest Navy shipbuilding contracts ever, I am proud to have led this effort and look forward to its success.” https://www.defensenews.com/breaking-news/2019/01/31/us-navy-has-inked-a-contract-for-two-carriers-congressman-says/