Hello, Guest!
  • Friday, April 19, 2024

General Dynamics Secures $230M Army Contract to Support Abrams Production Facilities

General Dynamics‘ (NYSE: GD) land systems business will help the U.S. Army maintain and support production facilities of the Abrams battle tank under a potential five-year, $230 million contract.

The company will support facility operations, maintain government furnished property and update production processes, the Department of Defense said Tuesday.

Detroit Arsenal, Michigan-based Army Contracting Command will assign performance locations and funds per order as General Dynamics Land Systems works to complete duties by Sept. 27, 2026.

The service branch held an online solicitation for the contract and gathered one response.

General Dynamics also holds a $4.6 billion contract with the Army to implement SEPv3, Abrams’ latest configuration with updated communications, fire control, fuel efficiency and lethality.

Video of the Day

Related Articles

BlueVoyant Names Sebastian Sobolev as Product VP Executive Moves

BlueVoyant Names Sebastian Sobolev as Product VP

Sebastian Sobolev, a cybersecurity and data analytics professional, has been appointed vice president of product at New York-based cloud-native cyber defense platforms provider BlueVoyant. He announced his new position in a LinkedIn post published Thursday. Prior to his current position, Sobolev was chief technology officer at BlueVoyant’s government solutions business and was responsible for technology

Iridium Reports Q1 2024 Results, Completes 1st Ever Acquisition; Matt Desch Quoted Financial Reports

Iridium Reports Q1 2024 Results, Completes 1st Ever Acquisition; Matt Desch Quoted

Iridium Communications (Nasdaq: IRDM) presented its Q1 2024 financial results, in which total revenue reacched $203.9 million, although slightly lower by 0.7 percent from a year ago. Notably, the voice and data satellite communications provider’s net income increased 101.1 percent year-over-year to $19.65 million, while the subscriber base grew 7 percent compared to Q1 2023, Iridium said

L3Harris Books $187M USSF Space Surveillance System Maintenance Contract Contract Awards

L3Harris Books $187M USSF Space Surveillance System Maintenance Contract

L3Harris Technologies (NYSE: LHX) has secured a potential $187 million contract to continue helping the U.S. Space Force maintain and upgrade its space surveillance systems and command centers dedicated to providing space domain awareness for military and civilian users. The award exercises the option year five of the potential 10-year, $1.2 billion Maintenance Of Space