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General Dynamics Promotes Phebe Novakovic to President, COO
General Dynamics’ (NYSE: GD) board of directors elected Phebe Novakovic as president and chief operating officer, effective May 2.
The Falls Church, Va. based contractor said on Thursday that Novakovic will report directly to chairman and CEO Jay L. Johnson.
Johnson said Novakovic will help him oversee and manage the company’s business groups and...
General Dynamics Wins $663M to Produce Navy Destroyer
General Dynamics subsidiary Bath Iron Works won a $663 million U.S. Navy contract modificationTypes:
Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties.
Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change authorized byBudget Year...
General Dynamics Wins $54M for USS California Long-Lead Procurement
The U.S. Navy has awarded General Dynamics‘ (NYSE: GD) Electric Boat subsidiary a $54,453,657 contract modificationTypes:
Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties.
Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change...
Four Major Defense Contractors Report 3rd Quarter Earnings Growth
Four of the largest American defense contractors released third quarter financial results on Oct. 26, 2011.
Lockheed Martin (NYSE: LMT)
Northrop Grumman (NYSE: NOC)
General Dynamics (NYSE: GD)
Boeing (NYSE: BA)
Lockheed Martin reported $665 million in earnings from continuing operations, an increase of 19 percent from the third quarter of 2010. Earnings...
General Dyanmics Snags Air Force Deal
According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a maximum $45,500,000 cost plus fixed fee IDIQ which will provide Air Force Research Laboratory Materials and Manufacturing Directorate Technology division with a contract vehicle related to evolving materials and manufacturing technology. At this point, $3,511,722...
General Dynamics Books CMS Work
General Dynamics (NYSE: GD) Information Technology booked a deal to continue providing claims processing support to the Department of Health and Human Services’ Centers for Medicare and Medicaid Services.
The contract has a total potential value of $95 million over five years if all options are exercised.
“General Dynamics’ 30-year history...
General Dynamics Wins Lucrative Enterprise IT Deal
General Dynamics (NYSE: GD) Information Technology booked a five-year deal worth $83.6 million to provide information technology enterprise network services to the U.S. Special Operations Command.
The contract has a ceiling value of $125 million.
“General Dynamics’ cadre of ITInformation Technology professionals, experienced with worldwide...
Lockheed Books $105 Million Order from General Dynamics
General Dynamics (NYSE: GD) C4 Systems, the prime contractor for the Warfighter Information Network-Tactical, or “WIN-T”, awarded Lockheed Martin (NYSE: LMT) a $105 million order to produce additional communications equipment for WIN-T Increment 2.
“This increment of WIN-T allows commanders to stay connected from company through division...
General Dynamics Snags Navy Deal
According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded an $18,800,000 cost-plus-fixed-fee modificationTypes:
Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties.
Change order: A written order, signed byBudget Year the CO, directing that the contractor...
General Dynamics Books $1.2 Billion in Sub Funding
General Dynamics (NYSE: GD) Electric Boat secured $1.2 billion in funding from the Navy to cover the construction of the 14th Virginia-class submarine, SSN-787.
According to the firm, “the release of the funding allows procurement of long lead-time components that will support the planned official construction start later this year on the as-yet-unnamed...






