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General Dynamics Subsidiary to Produce Additional Columbia-Class Submarine Missile Tubes for $96M

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has secured a $95.6 million contract modification to manufacture 17 tactical missile tubes for the U.S. Navy‘s future Columbia-class nuclear submarines. The Defense Department said Friday the modification will support the joint U.S.-U.K. Common Missile Compartment program and includes foreign military sales to U.K. Work …

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10 Companies Land $231M Contract Spots to Support Army Combined Arms Center

The U.S. Army has awarded 10 companies positions on a potential five-year, $231 million contract that covers non-personal services for the Army Combined Arms Center. The Defense Department said Wednesday contractors will vie for task orders to help CAC develop and produce training and education strategies, scientific human subject studies, doctrine, concepts, instruction and …

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UK Awards $412M Contract to General Dynamics for Tactical Comm & Info System Development

General Dynamics‘ (NYSE: GD) U.K. arm has received a potential $411.8 million contract from the British defense ministry to design and develop a tactical communication and information system. The award is the first contract issued under the MORPHEUS program that aims to modernize the command-and-control networks of the U.K.’s armed forces, General Dynamics said …

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Army Picks General Dynamics, US Ordnance for Shared $221M Machine Gun Contract

A General Dynamics (NYSE: GD) subsidiary and U.S. Ordnance have secured positions on a potential six-year, $221 million contract to provide flexible and fixed variations of a machine gun system to the U.S. Army. The Defense Department said Thursday that U.S. Ordnance and General Dynamics’ ordnance and tactical systems business will supply the military …

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General Dynamics Vet Jeff Bohling Joins Vencore as Civilian & Defense Group SVP, GM

Jeff Bohling, formerly vice president and general manager of General Dynamics‘ (NYSE: GD) information technology business, has joined Vencore as senior VP and GM of the Chantilly, Virginia-based firm’s civilian and defense business group. He will oversee the group’s business operations and expansion initiatives in the civilian and defense markets, Vencore said Thursday. “With his combination …

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Amy Gilliland, Kimberly Kuryea, William Moss to Assume New Leadership Roles at General Dynamics

M. Amy Gilliland, senior vice president of human resources and administration at General Dynamics (NYSE: GD), has been named deputy for operations at the company’s information technology business in a move that takes effect April 1. The 12-year General Dynamics veteran will also continue to perform her additional duties as a corporate officer and …

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March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike Chatter

Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also extended their record-setting rally in their best one-day performance of 2017 so far with the S&P 500 composite index above 2,400 for the first time during intraday trade after President Donald …

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February 28 Market Close: GovCon Index, US Stocks Hold Lower Ahead of Trump Address

Executive Mosaic’s GovCon Index and U.S. stocks fell Tuesday at their worst one-day declines over the past month as investors looked ahead to President Donald Trump’s speech before a joint session of Congress at 9:00 p.m. Eastern time for further clues on his economic agenda that has included promises of tax cuts, deregulation …

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BAE, General Dynamics, HII Subsidiaries Get $121M in Navy Surface Combatant Support Contract Modifications

Subsidiaries of BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) have received contract modifications worth a combined $120.5 million to help the U.S. Navy maintain, repair or update San Diego-homeported surface combatants. The Defense Department said Monday the modifications exercise an option under previously awarded indefinite-delivery/indefinite-quantity contracts to BAE’s San Diego …

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February 24 Market Close: GovCon Index Up, Records 4th Straight Weekly Gain

Executive Mosaic’s GovCon Index closed higher Friday to end its fourth straight weekly gain as investors eyed defense stocks after President Donald Trump repeated his election campaign pledge to build up the military during a speech in Washington. U.S. equities also posted narrow gains and the benchmark S&P 500 composite index ended the …

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