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Tag Archives: General Dynamics

Air Force Picks 22 Companies for $490M Contract Under ‘Agile Acquisition’ Program

Air Force

The U.S. Air Force has awarded spots on a $490 million indefinite-delivery/indefinite-quantity contract under the Agile Acquisition program to 13 large businesses and nine small businesses. The Defense Department said Thursday the contract covers pre-program, technology development, engineering, manufacturing and production activities for new-build or modified systems. Ten large business and 13 ...

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Weekly Roundup Aug 10 – Aug 14 2015

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Weekly Roundup Aug 10 – Aug 14 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Second quarter earnings season has concluded for many GovCon firms and all five of the industry’s most notable U.S.-based identities reported results that surpassed Wall Street analyst forecasts. ...

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General Dynamics Awarded $881M to Support US Military Intell Sharing System

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A General Dynamics (NYSE: GD) unit has won a potential eight-year, $881 million contract from the U.S. Air Force to help manage an automated intelligence exchange and collaboration infrastructure for the U.S. and its allies. The company said Wednesday its information technology business will provide enterprise IT support services for the ...

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General Dynamics Digital Modular Radios for Installation Onboard New Navy Subs

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TYSONS CORNER, VA August 12, 2015 — General Dynamics (NYSE: GD) will supply 50 digital modular radios to the U.S. Navy for installation onboard new destroyers and submarines under option five of an original contract awarded in 2010, ExecutiveBiz reported Tuesday. The AN/USC-61(C) radios have MUOS satellite communications capability designed to ...

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Air Force Awards Three JSTARS Prototyping Contracts

JSTARS

Three industry teams have received $31.4 million in contracts to help the U.S. Air Force develop prototypes and risk reduction strategies for its future Joint Surveillance Target Attack Radar System aircraft, Defense News reported Friday. Aaron Mehta writes the military service awarded $9.9 million to Boeing (NYSE: BA), $10 million ...

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Leidos-Cerner-Accenture Team Wins Multibillion Dollar Military Health Record Contract

Health

A team of Leidos (NYSE: LDOS), healthcare technology maker Cerner (Nasdaq: CERN) and Accenture (NYSE: ACN) has beaten two other industry teams for the Defense Department‘s multi-year, multibillion dollar contract to integrate a commercial electronic health records system across the Military Health System. DoD said Wednesday the contract has a $4,336,822,777 ceiling value over the initial two-year ordering period with two three-year option periods ...

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July 29 Market Close: GovCon Index Extends Climb, US Stocks Move Up After Fed Reports Economic Improvement

GovConIndexUP

The GovCon Index gained at least a full point for the second consecutive trading session Wednesday with a gain of 1.949 percent — or 1.464 points — to close at 76.592. General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) both posted second quarter results that beat Wall Street expectations, Bloomberg reported. ...

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General Dynamics Reports 5% Revenue Jump for 2Q, Profit Up 39%

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General Dynamics (NYSE: GD) has reported a 5.46-percent increase in revenue year-over-year for its fiscal year 2015 second quarter ended July 5, 2015 and a 39-percent jump in revenue for the quarter. Total revenue for the second quarter was $7.88 billion and profit for that same period reached approximately $752 ...

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NASA Taps 13 Companies for Aerospace Research at Glenn Center

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NASA has selected 13 companies to support aerospace research and provide propulsion and communications systems to the Glenn Research Center in Ohio under five-year contracts with a maximum value of $190 million. The space agency said Wednesday awardees will work to develop, verify and demonstrate communications, propulsion, structures and materials technology for space ...

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July 28 Market Close: GovCon Index Rides 3-Digit Dow Rally, Energy Leads US Stock Gains

GovConIndexUP

The GovCon Index snapped a five-day streak of losses Tuesday with a rebound of 1.244 percent to close at 75.127 on a day that saw the major U.S. stock indices record gains of nearly similar margins. Energy shares were the largest gainers in the S&P 500 at a 3-percent jump for ...

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