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Tag Archives: General Dynamics

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

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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

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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

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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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General Dynamics UK Receives $605M Contract for Armed Vehicle

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The British Army extended General Dynamics‘ U.K. an in-service support contract for the Scout special vehicle platform. The contract runs through 2014 and is an extension of a current in-service contract. The company said Thursday it will assemble, integrate and test 489 Scout SVs at a newly opened facility in Oakdale, South Wales, ...

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General Dynamics Receives Upgrade Work on Navy Submarine Tracking Software

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TYSONS CORNER, VA July 27, 2015 — ExecutiveBiz reported Friday on General Dynamics (NYSE: GD) being awarded $20 million to continue its upgrade the U.S. Navy’s AN/BYG-1 submarine tracking software at its Pittsfield facility in Massachusetts. The new work is part of a 2009 contract on the technology used on ...

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Former Engility Exec Joseph Leonelli Joins Nonprofit ATCC as Federal Solutions VP

Joseph Leonelli

Joseph Leonelli, formerly vice president for national security systems and solutions at Engility (NYSE: EGL), has joined the nonprofit bioresource center ATCC as vice president for federal solutions. Leonelli will be in charge of the growth and management of ATCC’s federal solutions organization as it works to address global health security, ...

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DIA Picks 50 for Potential $6B Enterprise IT Services IDIQ

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The U.S. Defense Intelligence Agency has selected 50 companies to compete for task orders to provide information technology support services to defense and intelligence agencies under a potential five-year, $6 billion contract vehicle. DIA said Friday it received 77 proposals for the Enhanced Solutions for the Information Technology Enterprise program ...

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July 20 Morning Report: GovCon Index Down on Friday’s Close

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The GovCon Index ended at 77.103 on Friday’s close, losing 0.272 points. The Dow Jones Industrial Average was down 33.80 points to 18,806.45, the Standard & Poor’s 500 composite index gained 2.35 points to 2,126.64 and the NASDAQ composite index increased 46.96 points to 5,120.14. Top Percentage Gainers Company $ Current Price $ Change % Change Honeywell International 105.54 +1.97 ...

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