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Tag Archives: GD

General Dynamics-Raytheon JV Gets $96M Contract Modification for Air Force Launch & Test Range Support

rocket launch

A joint venture of General Dynamics (NYSE: GD) and Raytheon (NYSE: RTN) has received a one-year, $95.7 million contract modification from the U.S. Air Force to perform integrated support work on the service branch’s launch and test range system. The Defense Department said Monday the Air Force’s Space and Missile Systems Center will use fiscal 2017 …

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September 23 Market Close: GovCon Index Rally Halted, Posts Weekly Gain as Energy Weighs on US Stocks

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Executive Mosaic’s GovCon Index dropped Friday but registered a weekly gain as U.S. stocks took a break from their two-day surge after the Federal Reserve left interest rates unchanged Wednesday. The post-Fed decision rally helped the GCI add 2.57 percent over five days with its S&P 500-listed companies and other large defense platform makers among the drivers of gains as …

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General Dynamics to Support 2020 Census Questionnaire Assistance Program Under Potential $430M Contract

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A business unit of General Dynamics (NYSE: GD) has been awarded a potential five-year, $430 million contract to help the U.S. Census Bureau build, test and operate a multichannel contact center to support the 2020 Census Questionnaire Assistance program. General Dynamics Information Technology will also provide its Customer Experience Platform as well as train staff …

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Fairfax County Board OKs General Dynamics Plan for Reston, Virginia HQ Site

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General Dynamics (NYSE: GD) will move to establish a new corporate headquarters on a 21-acre property in Reston, Virginia after the Fairfax County Board of Supervisors approved the aerospace and defense contractor’s development plan. Fairfax County said Thursday that General Dynamics plans to move 175 employees from the current 175,000-square-foot office it leases at Fairview Park in …

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September 22 Market Close: GovCon Index Extends Post-Fed Rate Decision Gains, KBR Joins GCI After Govt Services Acquisitions

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Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors. Thursday also represented the GovCon Index’s first day of activity with KBR (NYSE: KBR) …

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September 19 Market Close: GovCon Index Lifts, US Stocks Mixed Ahead of Fed Policy Summit

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Executive Mosaic’s GovCon Index rose Monday in an attempt to close above the 80-point barrier for the first time since Sept. 12 on gains by large defense primes and services-oriented companies. The GCI’s positive movement contrasted activity in U.S. financial markets as stocks turned south in the final hour of trade and closed mixed ahead …

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General Dynamics to Help Develop Air Force Cloud-Based Threat Detection Software

cloud security

TYSONS CORNER, VA, Sept. 19, 2016 — The Air Force Research Laboratory has awarded General Dynamics (NYSE: GD) a $15 million contract to develop a cloud-based threat detection and analysis software prototype that works to automate threat assessments, ExecutiveBiz reported Friday. The company said Thursday the prototype will feature a modular …

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General Dynamics Subsidiary Lands $400M Contract to Help Navy Repair Nuclear Subs, Training Ships

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The U.S. Navy has awarded a five-year, $400 million contract to a General Dynamics (NYSE: GD) subsidiary to repair in-service nuclear-powered submarines, special mission submersibles, moored training ships and submarine support installations. General Dynamics Electric Boat will provide maintenance, overhaul, modernization,  technical engineering and nuclear-related touch labor support services under the indefinite-delivery/indefinite-quantity …

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September 16 Market Close: GovCon Index Down, Ends Week at Loss Ahead of Fed Rate Summit

GovConIndexDOWN

Executive Mosaic’s GovCon Index held negative Friday to end at a weekly decline as U.S. stock markets extended the current stretch of sharp swings between gains and losses as the Federal Reserve‘s next two-day meeting looms for Tuesday and Wednesday. Decliners outnumbered advancers 9-to-1 and all of the GovCon Index’s S&P …

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September 15 Market Close: GovCon Index Surges to Extend Volatility, Primes Lead Gains

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The GovCon Index rallied Thursday to extend its current stretch of volatility into a fifth straight session as large primes and S&P 500-listed contractors led advancers in conjunction with gains in the larger U.S. stock market on economic data traders view as a factor against a September interest rate hike. The GovCon Index …

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