11 days agoNavy Awards Oceaneering $38.15M TETRA II Follow-On Order
The U.S. Navy issued Oceaneering International a sole-source follow-on task order for continued development and integration of its TETRA II torpedo-tube launch-and-recovery system for unmanned underwater vehicles. The order could reach $38.15 million with all options, underscoring how continuity and schedule risk can shape follow-on procurement while a later program iteration may be competed.
12 days agoCorridian Raises $38 Million to Advance Extra-Large Autonomous Underwater Vehicle
Boston-based Corridian emerged from stealth with a $38 million seed round led by Point72 Ventures to move its extra-large autonomous underwater vehicle toward prototype development. The company’s private financing signals an emerging defense maritime capability, but no government customer, contract, solicitation, or procurement timeline has been announced.
19 days agoLockheed Martin Closes $3.45B Ultra Maritime Acquisition
Lockheed Martin completed its $3.45 billion acquisition of Ultra Maritime on October 26, adding sonar, sonobuoy, torpedo-defense, and related undersea-warfare capabilities to its Rotary and Mission Systems business. The deal could reshape teaming and competition for U.S. Navy and allied naval work, but no new government award or solicitation was announced.
103 days agoNavy Transitions Virginia Payload Module Submarines to Guided Missile Submarines
The U.S. Navy has reclassified nineteen Virginia Class submarines to enhance their operational capabilities. This shift towards guided missile submarines signifies a pivotal move in modern naval warfare, impacting future procurement within the Department of the Navy.
104 days agoNavy Expands Anti-Submarine Mine Capabilities with $229.7M General Dynamics Contract
The U.S. Navy has awarded a $229.7 million contract modification to General Dynamics for 188 Hammerhead moored anti-submarine mines. This procurement supports the Navy's initiative to enhance its undersea defense capabilities through autonomous systems and advanced torpedo technology, with deliveries expected by October 2028.
111 days agoNavy Plans to Address Undersea Surveillance Workforce Shortages
A recent IG report reveals the Navy's critical staffing shortages in the Integrated Undersea Surveillance System (IUSS), hindering anti-submarine warfare capability. The service is urged to enhance workforce sustainability and consider specialized training programs to meet increasing operational demands amid evolving submarine threats.