Defense Spending Booms -- Underwater and in Britain
It's been a rough couple of weeks for U.S. defense contractors, in the military shipbuilding space in particular. For the ...
Major sub refit brings massive boost for Devonport dockyard
Engineering giant Babcock expects to see its revenue jump to a more than expected £4.9m this year with a major submarine ...
U.S. Navy Awards Lockheed Martin $383 Million for Florida Production Facility
The U.S. Navy awarded Lockheed Martin a $383 million cost-plus-incentive-fee and cost-plus-fixed-fee modification to the ...
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Cold War nuclear missile set to see almost a century of service
A Cold War nuclear missile will remain in service for a total of 94 years thanks to a US$383 million US Navy contract, with Lockheed Martin to modernize the submarine-launched Trident II missile and ...
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U.S. Navy Arming Columbia-Class Submarines With Nuclear Missiles to Last for 60 Years
The U.S. Navy awarded defense contractor Lockheed Martin a $383 million contract to produce upgraded Trident II D5 missiles ...