According to the Department of Defense: “Lockheed Martin (NYSE: LMT) (N00039-10-D-0002); SAIC (NYSE: SAI) (N00039-10-D-0003); and General Dynamics (NYSE: GD) (N00039-10-D-0004), are each being awarded a $408, 791, 035 indefinite-delivery/indefinite-quantity multiple award contract for Common Afloat Local Area Network Infrastructure (CALI). The purpose of the CALI contracts is to procure shipboard network infrastructure and related engineering support services, mainly in the areas of production, engineering, and common computing environment components. The contracts also provide for engineering support services within these three main areas, to include: integrated logistics support; configuration management; test and evaluation; quality assurance; and installation support. Specific requirements will be defined in individual orders issued in a multiple award contract environment. These contracts include an optional ordering period which, if exercised, would bring the cumulative value of each contract to an estimated $502, 221, 092. Work will be performed in Eagan, Minn., San Diego, Calif., and Fairfax, Va., and is expected to be completed by May 31, 2014. If the optional ordering period is exercised, work could continue until May 31, 2018. Contract funds will not expire at the end of the current fiscal year. This requirement was solicited using full and open competition via the Space and Naval Warfare Systems Command e-Commerce and Federal Business Opportunities Web sites, with eight offers received. The Space and Naval Warfare System Command, San Diego, Calif., is the contracting activity.”
Lockheed Martin, SAIC, General Dynamics Sign On To Large Navy Deal
Related Articles
General Dynamics (NYSE: GD) has presented its first quarter 2024 results and reported that revenue and net earnings grew 8.6 percent and 9.5 percent year-over-year to $10.7 billion and $799 million. The company said Wednesday its operating earnings reached $1 billion, or 10.4 percent higher from a year ago, while company-wide backlog went up 4.4
Executive Mosaic’s GovCon Index advanced 1.08% before the weekend and averted a third consecutive losing week. The index, which tracks the stock performances of 30 major government contractors, ended at $4,786.97 for a 0.13% week-on-week gain. Wall Street concluded the week with a tech sell-off, and only the Dow Jones Industrial Average (+0.01%) yielded a gain.
A General Dynamics (NYSE: GD) subsidiary has received a potential five-year, $296.8 million contract from the U.S. Army to provide system technical support for the military branch’s M10 Booker combat vehicle. Army Contracting Command will obligate funds and determine work locations upon award of each task order and expects contract work to run through April