General Dynamics Scores Navy Contract Victory

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a $9, 250, 951 modification to previously awarded contract (N00024-06-C-4402) for the USS Pearl Harbor (LSD 52) fiscal 2011 phased maintenance availability.  A phased maintenance availability provides for an extensive renovation and modernization of a dock landing ship, including alterations and repairs as well as inspection and testing to all ships systems and components ensuring safe and dependable operation of the ship.  Work will be performed in San Diego, Calif., and is expected to be completed by May 2011.  Contract funds in the amount of $9, 250, 951 will expire at the end of the current fiscal year.  The Southwest Regional Maintenance Center, San Diego, Calif., is the contracting activity.”

You may also be interested in...

Gil Dussek CEO Gunnison Consulting Group

Gunnison Buys Federal IT Service Management Firm G2SF; Gil Dussek Quoted

Gunnison Consulting Group has acquired Global Solutions & Services Frameworks for an undisclosed sum to expand its information technology service management, mobile computing and cybersecurity capabilities in the federal government services market. “This deal aligns with our modernization strategy and we remain focused on improving critical government programs, while driving long-term innovation to meet evolving customer demands," said Gunnison CEO Gil Dussek.

Telos

Cybersecurity Firm Telos Launches IPO

Telos (Nasdaq: TLS) targeted to raise approximately $254M from the Ashburn, Virginia-based cybersecurity company's initial public offering Thursday, offering 15M shares of common stock with pricing at $17 each.