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  January 24, 2020 | International, Security

  Huntington Ingalls Industries Awarded $954 Million Intelligence, Surveillance and Reconnaissance Contract by U.S. GSA FEDSIM

  Newport News, Va., January 23, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) announced today that it has been awarded a General Services Administration One Acquisition Solution for Integrated Services (OASIS) task order to provide Persistent Multi-Role Operations (PMRO) support to the U.S. Air Force-Europe (USAFE) by the Federal Systems Integration and Management Center (FEDSIM). This task order will provide Contractor Owned-Contractor Operated (COCO) manned and unmanned airborne intelligence, surveillance and reconnaissance (ISR) in support of Air Force requirements in the European and African theaters of operation. The task order has a base period of one year with four option years and a potential value of $954 million. “Critical readiness of our defense intelligence enterprise demands unique expertise and advanced technology solutions,” said Garry Schwartz, president of Technical Solutions' Mission Driven Innovative Solutions group. “Over the last several years, HII has continued to expand its ISR support to the U.S. Air Force and other components of the Department of Defense. We are looking forward to continuing to advance the implementation of innovative ISR solutions for USAFE and across the DOD.” The Air Force directs global integrated ISR operations from forward-deployed locations worldwide, including locations throughout the six geographic combatant commands. Air Force ISR operations are conducted in multiple domains and across all phases of operations and environments. The timely integration and delivery of ISR information provides joint, defense, national, and coalition partners with actionable intelligence for the commander and warfighter. The objective of this task is to provide persistent, multi-role and cross-domain ISR capabilities that increase indications and warnings, enhance the U.S. security defense posture, enable the freedom of movement, increase partnership capacity and interoperability, and foster global security and stability throughout the European and African areas of responsibility. This is a continuation and expansion of work currently performed by HII, whose purpose is to deliver timely, accurate and relevant information to operational and strategic decision makers. This effort will provide PMRO for multiple DOD components, including Air Forces in Europe and Africa as well as other strategic and operational partners. About Huntington Ingalls Industries Huntington Ingalls Industries is America's largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII's Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII's Technical Solutions division provides a wide range of professional services through its Fleet Support, Mission Driven Innovative Solutions, Nuclear & Environmental, and Oil & Gas groups. Headquartered in Newport News, Virginia, HII employs more than 42,000 people operating both domestically and internationally. For more information, visit: HII on the web: www.huntingtoningalls.com HII on Facebook: www.facebook.com/HuntingtonIngallsIndustries HII on Twitter: twitter.com/hiindustries Statements in this release, as well as other statements we may make from time to time, other than statements of historical fact, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause our actual results to differ materially from those expressed in these statements. Factors that may cause such differences include: changes in government and customer priorities and requirements (including government budgetary constraints, shifts in defense spending, and changes in customer short-range and long-range plans); our ability to estimate our future contract costs and perform our contracts effectively; changes in procurement processes and government regulations and our ability to comply with such requirements; our ability to deliver our products and services at an affordable life cycle cost and compete within our markets; natural and environmental disasters and political instability; our ability to execute our strategic plan, including with respect to share repurchases, dividends, capital expenditures, and strategic acquisitions; adverse economic conditions in the United States and globally; changes in key estimates and assumptions regarding our pension and retiree health care costs; security threats, including cyber security threats, and related disruptions; and other risk factors discussed in our filings with the U.S. Securities and Exchange Commission. There may be other risks and uncertainties that we are unable to predict at this time or that we currently do not expect to have a material adverse effect on our business, and we undertake no obligation to update or revise any forward-looking statements. You should not place undue reliance on any forward-looking statements that we may make. CONTACT INFORMATION Beci Brenton HII Corporate Director of Public Affairs (202) 264-7143 Beci.Brenton@hii-co.com View source version on Huntington Ingalls Industries: https://newsroom.huntingtoningalls.com/releases/huntington-ingalls-industries-awarded-954-million-intelligence-surveillance-and-reconnaissance-contract-by-u-s-gsa-fedsim

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  September 24, 2023 | International, Aerospace

  Norway's Kongsberg wins $112 million F-35 contract | Reuters

  Norwegian defence equipment maker Kongsberg Gruppen said on Friday it has signed an agreement with Lockheed Martin worth 1.2 billion Norwegian crowns ($112 million) to supply parts for the F-35 Joint Strike Fighter program.

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  November 11, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

  Senate Republicans unveil $1.4T spending bill, with $696B for defense

  By: Joe Gould , Valerie Insinna , David B. Larter , Andrew Eversden , and Nathan Strout   WASHINGTON ― Senate Republicans on Tuesday introduced a governmentwide, $1.4 trillion spending package, with $696 billion for defense, teeing up negotiations in Congress' tense lame-duck session ― and several fights with House Democrats. The government is operating on a stopgap continuing resolution, or CR, through Dec. 11, and Congress must either pass a deal, or another funding patch, to avoid a government shutdown in the middle of a turbulent presidential transition. A separate COVID-19 relief effort and the annual defense policy bill are also on Capitol Hill's busy to-do list. The Senate must reconcile its long-awaited package of 12 bills with the House, which passed its own bills in July. The Senate's GOP-drafted defense language for fiscal 2021 differs from the House version on the number of Lockheed Martin-made F-35 Joint Strike Fighters to order and funding for a space-based sensor. Compared to the House bill, the Senate version also calls for one fewer Virginia-class submarine and $19 million more in funding for next-generation 5G networks. Though the Senate bill was mostly bipartisan and Senate Appropriations Committee Chairman Richard Shelby, R-Ala., expressed confidence in an eventual deal, the atmosphere for compromise is unclear. The post-election period remains white hot politically, as Republican leaders back President Donatl Trump in his legal challenges of President-elect Joe Biden's electoral win, and as two races to determine control of the Senate face January runoffs. On Tuesday, Democrats chided Republicans over the long-stalled bills. Stopping short of endorsing the effort, Senate Appropriations Committee Vice Chairman Patrick Leahy, D-Vt., criticized the legislation for ignoring the country's COVID-19 relief needs, shortchanging safety net programs and the environment, and wasting money on Trump's border wall. The House passed its $694.6 billion Pentagon spending bill for fiscal 2021 in July as part of a $1.3 trillion package. It included politically charged provisions to set aside $1 million for the Army to rename 10 bases that honor Confederate leaders and to bar the Trump administration from using more Pentagon funds on border wall construction. It would reduce transfer authority from the requested $9.5 billion to $1.9 billion, and place additional oversight mechanisms on the Defense Department's ability to reprogram funds. Here's what stood out in the Senate GOP's latest proposal: Air warfare: The Senate panel would fund a total of 96 F-35s in FY21, 17 jets more than the Pentagon's request and five more than the panel's House counterpart. Its bill added about $1.7 billion for 12 F-35As for the Air Force and five F-35Cs for the Marine Corps and Navy. Though the bill fully funds the B-21 bomber program, many of the Air Force's other major development programs received slight cuts. Funding for one of its biggest priorities, the Advanced Battle Management System, shrank from $302 million to $208 million. The committee cited “poor justification” as a reason for the cuts. The Air Force's Next Generation Air Dominance program also would take a hit despite the headline-grabbing first flight of a full-scale demonstrator aircraft, which was disclosed by the service in September. The Air Force wanted $1 billion in FY21 to continue development of NGAD ― a suite of manned and unmanned air superiority technologies that could include a sixth-generation fighter. However, the committee shaved about $70 million off the request. Naval warfare: The bill provides money to buy nine ships, though some argue it's only eight because the LPD-17 was already procured. The total comes to roughly $21.35 billion, or $1.44 billion more than the president's request, but less than the House bill. The ships include one attack submarine (one less than the House bill but a match to what the administration requested), a Constellation-class frigate, two destroyers, and two towing and salvage ships. The Senate bill also calls for nine P-8A Poseidon maritime patrol aircraft and four E-2D Advanced Hawkeyes, as well as 24 F/A-18 Super Hornet fighters. 5G technology: The bill fully funded the Pentagon's $449 million budget request for defensewide 5G projects, $19 million more than the House. In their budget justification, House appropriators cited “historical underexecution” for its $430 million recommended allocation. The Pentagon is working with industry on multiple ongoing 5G experiments that are underway at military bases across the country. The department recently awarded $600 million in contracts for the effort. Satellites: The bill also adds to frustrations expressed by members of the House at how a new constellation of hypersonic weapon-tracking satellites will be funded. While technically a Missile Defense Agency program, former Under Secretary of Defense for Research and Engineering Mike Griffin pushed for the Hypersonic Ballistic Tracking Space Sensor, or HBTSS, to be funded through the Space Development Agency. Leaders of both agencies have insisted that the program remains under MDA's ownership, but legislators have expressed concern over the arrangement and the low level of funding set aside for it. No money was set aside for HBTSS in MDA's budget, while the Space Development Agency's budget included $20 million for the critical sensor. In June, the House Armed Services Committee's' strategic forces subpanel threatened to transfer MDA away from the undersecretary of defense for research and engineering, placing it instead under the undersecretary of defense for acquisition and sustainment. While the Senate bill doesn't go that far, it does add an additional $140 million in unrequested funding for HBTSS, including a $20 million transfer from the Space Development Agency. Furthermore, senators demanded the agencies report on their acquisition strategy for HBTSS and fully fund the program in their future budget proposals. https://www.defensenews.com/congress/2020/11/10/gop-unveils-14t-spending-bill-with-696b-for-defense/