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Tag Archives: General Dynamics

General Dynamics to Continue INSCOM IT Support Under Potential $300M Contract

A business unit of General Dynamics (NYSE: GD) has received a potential $300 million contract to continue to help the U.S. Army‘s Intelligence and Security Command operate and maintain information technology networks. General Dynamics Information Technology will also provide storage management, engineering, installation, information assurance, communications and web services under the Information Technology Support Services 3 contract, the …

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General Dynamics to Help Expand US Military Intell Data Sharing Infrastructure Under $144M Contract

General Dynamics‘ (NYSE: GD) mission systems business has received a potential six-year, $144 million contract to help the U.S. Air Force expand, operate and maintain the network environment infrastructure of a military information system. The Defense Department said Friday GDMS will support the global U.S. Battlefield Information Collection and Exploitation System Extended program under the indefinite-delivery/indefinite-quantity contract. …

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General Dynamics adds former CSRA execs to combined organization’s leadership team

General Dynamics (NYSE: GD) has named five former CSRA executives to its information technology business’ leadership team after it completed its approximately $9.7 billion acquisition of the Falls Church, Virginia-based government IT services contractor early this month, the Washington Business Journal reported Monday. Amy Gilliland, a 2018 Wash100 recipient, serves …

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Executive Mosaic’s Weekly GovCon Round-up: DoD FY 2019 Budget & Wash100 Update

Weekly Roundup April 2 – April 6, 2018 Click here to see Real-Time GovCon Sector Quotes DoD FY 2019 Budget & Wash100 Update Jim Garrettson, Executive Mosaic CEO On March 23rd, President Trump signed a $1.3 trillion spending bill for fiscal year 2019 which allocates $686.1 billion for the Department of Defense’s budget. The …

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KippsDeSanto: Govt Tech Sector Eyes Increased Scale, Expanded IT Capabilities Via M&As

KippsDeSanto & Co. said it believes General Dynamics’ (NYSE: GD) acquisition of CSRA shows the continued focus of government technology sector buyers on efforts to build up scale and expand next-generation information technology capabilities through mergers and acquisitions. General Dynamics’ IT business will realize approximately $10 billion in annual revenue following …

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NAVSEA Moves to Address Potential OCI in General Dynamics-CSRA Combination

The U.S. Navy has initiated several measures to avoid any potential organizational conflict of interest that may emerge following the completion of General Dynamics’ (NYSE: GD) $9.7 billion acquisition of CSRA. The Naval Sea Systems Command said Tuesday it asked General Dynamics and CSRA to hand over to a third party …

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General Dynamics Closes $9.7B CSRA Purchase

General Dynamics (NYSE: GD) has concluded its approximately $9.7 billion acquisition of CSRA (NYSE: CSRA) in a push to establish a combined government information technology services contractor. CSRA will operate as part of General Dynamics’ IT business and will stop trading on the New York Stock Exchange as a result of …

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General Dynamics Receives $126M Contract Modification for Navy Submarine Missile Tube Components

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a five-year, $126.2 million contract modification from the U.S. Navy to obtain long-lead-time materials for the missile tube of Columbia-class ballistic missile submarines. This submarine missile tube is part of the joint U.S./U.K Common Missile Compartment program, the Defense Department said Monday. Seventy-two …

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General Dynamics Land Systems Secures Army Abrams Tech Support Contract Modification

TYSONS CORNER, VA, April 2, 2018 — General Dynamics’ (NYSE: GD) land systems business has received a one-year, $61.2 million contract modification to provide technical support for the U.S. Army’s Abrams battle tank systems, ExecutiveBiz reported Thursday. The Defense Department said Wednesday work under the contract modification, which is funded via …

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CACI Drops Acquisition Bid for CSRA; Ken Asbury Comments

CACI International (NYSE: CACI) has withdrawn its bid to purchase CSRA (NYSE: CSRA) for $44.00 per share in cash and stock, or approximately $7.2 billion. “We will continue our aggressive pursuit of strategic opportunities, judiciously and without engaging in auctions at uneconomic levels,” CACI CEO Ken Asbury said in a statement …

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