General Dynamics NASSCO Awarded $128M to Detail, Design 3rd Navy MLP Ship Conversion

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General Dynamics NASSCO will carry out detail design and construction work to modify a mobile landing platform ship for the U.S. Navy under a $128.5 million contract modification. The subsidiary is working to convert the MLP 3 ship into an afloat forward staging base variant and aims to complete the work by October 2015, the Defense Department said Wednesday. The Navy is obligating $95,093,500 at...

General Dynamics Awarded $171M for Carter Hall Ship Dry Dock

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General Dynamics‘ (NYSE: GD) NASSCO subsidiary has been awarded a $171,961,941 contract action by the U.S. Navy for dry-docking maintenance work on the USS Carter Hall. The Navy is obligating $104,155,547 in fiscal year 2014 operations and maintenance funds at the time of award and $123,702,226 in contract funds will expire at the end of the current fiscal year, the Defense Department said...

General Dynamics Shuffles Marine Systems Leadership Team; John Casey Comments

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General Dynamics (NYSE: GD) has reorganized the responsibilities of its executive team for its subsidiaries within the marine systems business group. Jeffrey Geiger, president of Bath Iron Works, will move into the same position in the Electric Boat subsidiary and succeed the retiring Kevin Poitras on Nov. 4, General Dynamics announced Wednesday. NASSCO President Fred Harris will succeed Geiger as...

General Dynamics NASSCO Installing Navy Ship Gas Turbine Ducts

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General Dynamics‘ (NYSE: GD) NASSCO subsidiary will remove and install gas turbine exhaust ducts for a U.S. Navy ship. The subsidiary won a $9,051,101 modification to a previously-awarded cost-plus award fee contract for work on the USS Makin Island, the Defense Department said Thursday. Phased maintenance availability work includes planning and executing depot-level maintenance, alterations...

General Dynamics NASSCO Wins $108M to Update USS Essex

General Dynamics‘ (NYSE: GD) NASSCO subsidiary has won a 7,994,835 U.S. Navy contract modification to conduct fiscal year 2012 dry-dock phased maintenance on the USS Essex, the Defense Department announced Wednesday. The subsidiary will plan and carry out depot-level maintenance, alterations and modifications to update the ship’s military and technical attributes, the Pentagon said. Work...

General Dynamics Subsidiary Wins $104M for USS Comstock Inspection

U.S. Navy photo General Dynamics‘ (NYSE: GD) NASSCO subsidiary has won a 4,804,120 U.S. Navy contract modification to renovate and modernize the USS Comstock, the Defense Department announced Wednesday. NASSCO will perform work under the Navy’s fiscal year 2012 Extended Docking Phased Maintenance Availability fund, which covers inspection and testing of ships systems and components. The...

General Dynamics Acquiring Earl Industries Ship Repair Division; Fred Harris Comments

General Dynamics (NYSE: GD) has agreed to acquire the ship repair and coatings division of Earl Industries for an undisclosed amount, General Dynamics announced Friday. General Dynamics expects the acquisition to increase its earnings per share in 2013 and to close this summer. The division will become part of General Dynamics’ San Diego-based NASSCO subsidiary. NASSCO adds two more East Coast...

General Dynamics NASSCO Wins $69M for Comstock Renovation

General Dynamics’ (NYSE: GD) NASSCO subsidiary has won a $68,915,249 U.S. Navy contract modification to renovate the USS Comstock, the Defense Department announced Wednesday. The San Diego-based subsidiary will inspect, update and test the dock landing ship’s components and systems. This contract falls under fiscal 2012 year funds for Extended Docking Phased Maintenance Availability. Work...

GovCon Wire’s October M&A Activity Recap: Active Tech Sector, One Big Spinoff

The technology sector was one to watch in October’s merger and acquisition landscape, and a dominant player in the government contracting industry completed a significant transformation. GovCon Wire recorded 10 acquisitions in October and the first week of November, up from the eight we covered in September. Acquisitions IBM (NYSE: IBM) looked to expand its big data analytics software offerings...

General Dynamics Closes Purchase of Norfolk Ship Repair Company

General Dynamics (NYSE: GD) has completed its acquisition of East Coast surface-ship repair company Metro Machine Corp., which provides support to the U.S. Navy fleet in Norfolk, Va. The amount of the cash transaction has not been disclosed. The company will be integrated into San Diego-based General Dynamics NASSCO, a prime contractor on multi-ship, multi-option awards for Naval combat and support...