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Tag Archives: General Dynamics

General Dynamics Electric Boat Lands Potential $138M Navy Submarine R&D Support Contract

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has secured a potential $137.9 million contract to support a U.S. Navy research and development program aimed at formulating submarine concepts. Electric Boat will provide engineering and technical design services to the Navy and a foreign military sales customer under the cost-plus-fixed-fee contract, the Defense Department said …

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Navy Awards FFG(X) Frigate Conceptual Design Contracts to 5 Firms

The U.S. Navy has awarded five companies contracts to come up with a conceptual design of the service’s future guided missile frigate. The Naval Sea Systems Command received six proposals for the firm-fixed-price contracts as part of the FFG(X) ship program, the Defense Department said Friday. NAVSEA selected Austal, Fincantieri Marinette …

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General Dynamics Gets $149M Army Contract Modification for Stryker Vehicle Parts

General Dynamics‘ (NYSE: GD) land systems business has secured a $148.9 million contract modification to supply parts for the U.S. Army‘s Stryker ground combat vehicles. The Defense Department said Friday that GDLS will perform work under the modified contract through Feb. 28, 2019. Stryker medium-weight vehicles are designed to address a gap between the capacities of …

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Executive Mosaic’s Weekly GovCon Round-up: 2018 Wash100 Watch – Top 5 GovCon Executives of Consequence Leading the Vote

Weekly Roundup February 12 – February 16, 2018 Click here to see Real-Time GovCon Sector Quotes The Current Top 5 GovCon Executives of Consequence Jim Garrettson, Executive Mosaic CEO We’re three weeks into the 5th annual Wash100 season and the voting turn out has been fantastic! The popular vote will be active until April 30th, so be …

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Army Taps General Dynamics, Leidos for $200M Geospatial Support Contract

Leidos (NYSE: LDOS) and General Dynamics‘ (NYSE: GD) One Source business have won a potential five-year, $200 million shared contract to provide technical expertise in support of U.S. Army geospatial programs. The Defense Department said Monday the hybrid contract includes work to help the service branch coordinate, integrate and synchronize geospatial data standards and requirements. …

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General Dynamics to Buy CSRA in Potential $9.6B Deal; Phebe Novakovic, Larry Prior Comment

General Dynamics (NYSE: GD) has agreed to acquire CSRA (NYSE: CSRA) for approximately $9.6 billion in a move to form a combined information technology platforms provider in the government IT services sector. General Dynamics said Monday it will pay $40.75 in cash for each share of CSRA stock and assume …

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Navy Releases Multiyear Arleigh Burke-Class Destroyer Procurement RFP

The U.S. Navy has issued the final request for proposals for multiyear contracts to procure Flight III Arleigh Burke-class guided missile destroyers (DDG-51). The service branch said Thursday the multiyear procurement contracts will run from fiscal year 2018 through FY 2022 and will be limited for competition between Huntington Ingalls …

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General Dynamics IT Leads Pilot Deployment of Remote Border Surveillance System

TYSONS CORNER, VA, Feb. 5, 2018 — A business unit of General Dynamics (NYSE: GD) has collaborated with Parsons‘ government services business to conduct pilot implementations in Texas of a remote surveillance system for the Customs and Border Protection agency, ExecutiveBiz reported Friday. General Dynamics Information Technology deployed the Relocatable-Remote Video Surveillance System …

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Report: Defense Companies Plan Capital Expenditures Amid Rise in DoD Contracts

Some contractors have expressed plans to increase their investments in production capacity and facilities in fiscal year 2018 and in the next few years as the Defense Department starts to ramp up contract obligations, USNI News reported Wednesday. Jason Aiken, chief financial officer at General Dynamics (NYSE: GD), told analysts …

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Phebe Novakovic: General Dynamics Seeks to Address Navy Demand With $2B Shipyard Investment

General Dynamics (NYSE: GD) plans to invest as much as $2 billion into its shipyards to meet the U.S. Navy‘s shipbuilding requirements, Defense News reported Friday. The Groton, Connecticut-based shipyard of General Dynamics’ Electric Boat subsidiary will receive $1.7 billion to support the production of the Navy’s Virginia-class attack submarines and Columbia-class ballistic missile submarines. “In …

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