Navy Awards $160M ONE-Net IT Services Contract Modification to General Dynamics

General Dynamics‘ (NYSE: GD) information technology business has received a potential $159.6M contract modification to continue to provide IT services for the U.S. Navy‘s naval enterprise network outside the continental U.S.

The ONE-Net contract modification has a one-year base term worth $78.8M and an option that could extend work through May 2020, the Department of Defense said Wednesday.

The indefinite-delivery/indefinite-quantity contract originally awarded in 2017 is set to expire in January and was inherited by General Dynamics from CSRA, which the former acquired in April.

ONE-Net covers IT services such as secret internet protocol router network and non-classified internet protocol router network access, mobile access, desktop support and network connectivity and security.

General Dynamics Information Technology will perform work at Navy and U.S. Marine Corps facilities in Bahrain, Guam, Greece, Italy, Japan, Poland, Romania, Singapore, South Korea, Spain and United Arab Emirates.

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.