General Dynamics Wins $60M to Upgrade Army Tank Displays, Thermal Vision

General Dynamics‘ (NYSE: GD) land systems business unit has won $60 million under an existing contract to upgrade Abrams tanks, according to a company announcement. The company said it will improve color displays, thermal vision, a remote operated weapon station, a tank-infantry phone and a thermal management system. The company said the win falls under a multi-year contract awarded in February...

Army Dishes Out $250M to Contractors for Cloud Services

The U.S. Army has awarded a $249.8 million firm-fixed-price contract for cloud computing services to a group of contractors in support of the Army’s program executive office for enterprise information systems, the Pentagon announced Thursday. Winning companies include: Lockheed Martin Corp. (NYSE: LMT) IBM Corp. (NYSE: IBM) HP Enterprise Services (NYSE: HP) General Dynamics (NYSE: GD) Northrop...

General Dynamics Wins $96M for Trident Submarine Weapons Systems

The U.S. Navy has awarded General Dynamics Corp. (NYSE: GD) a $95.9 million contract to produce and support Trident II submarine weapons systems for the U.S. and U.K. navies, General Dynamics announced Thursday. The company said that if all options are exercised, the contract has a maximum value of $225 million. General Dynamics will also continue overseeing the modernization of the D5 Fleet II Ballistic...

General Dynamics Clears Regulatory Hurdle in Force Protection Purchase; Company Directors Still to Appove

The U.S. Justice Department has terminated the remaining portion of a waiting period required by antitrust law in General Dynamics‘ (NYSE: GD) pending acquisition of Force Protection Inc. (NASDAQ: FRPT). General Dynamics said the cash deal of $5.25 per share, or approximately $360 million, still needs to be approved by each company’s board of directors. General Dynamics expects to close...

GDIT, SAIC, CTC to Help Transition Navy C4ISR Systems on $230M IDIQ

The U.S. Navy has awarded positions on an indefinite-delivery/indefinite-quantity contract with a potential total value of $230 million to SAIC Inc. (NYSE: SAI), General Dynamics‘ (NYSE: GD) information technology business unit, Concurrent Technologies Corp. and at least one other company. The Pentagon announced that the companies will provide technology transition support for C4ISR systems (command,...

Navy Awards C4I IDIQs to GDIT, CSC, Kratos, Serco

The U.S. Navy has awarded several indefinite-delivery/indefinite-quantity contracts for work supporting command, control, communications, computers and intelligence (C4I) at the Space and Naval Warfare Systems Center Pacific in San Diego, the Defense Department announced yesterday. Contract details include: Kratos Defense and Security Solutions‘ (NASDAQ: KTOS) technology and training solutions division...

General Dynamics Wins $395M for Abrams Tanks

General Dynamics’ (NYSE: GD) land systems business unit has been awarded a $395 million contract from the U.S. TACOM Lifecycle Management Command. The firm will work under the Egyptian tank co-production program. The contract will fund the production of 125 M1A1 Abrams tank kits for the eleventh increment of the Egyptian co-production program. This latest increment will increase the number of...

General Dynamics Receives 7th Army Order for M2 Machine Guns

General Dynamics‘ (NYSE: GD) armament and technical products business unit has been awarded a $6.9 million contract by the U.S. Army‘s TACOM Life Cycle Management Command to produce approximately 600 M2 heavy-barrel machine guns. The Army originally awarded the company an indefinite-delivery/indefinite-quantity contract in 2009 and this is the seventh delivery order awarded. “Fielded...

General Dynamics Subcontracts SAIC for IT Infrastructure at New DHS HQ

General Dynamics (NYSE: GD) has subcontracted SAIC Inc. (NYSE: SAI) to help integrate and implement information technology infrastructure at the U.S. Department of Homeland Security‘s future headquarters. SAIC announced the seven-year subcontract is worth up to $90 million if all options are exercised. General Dynamics’ prime task order has a value of $867 million and was awarded under...

General Dynamics to Acquire Tank Manufacturer Force Protection for $360M

General Dynamics (NYSE: GD) has entered into an agreement to acquire Force Protection, a designer and manufacturer of blast- and mine-protected vehicles, for approximately $360 million. Force Protection will become a part of General Dynamics’ land systems business unit. Force Protection also tests, delivers and supports those vehicles, includng the Abrams main battle tank and Stryker infantry...

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