Search Results for: General Dynamics

General Dynamics Gets $191M in Navy Contract Actions for Submarine Post-Delivery Services

General Dynamics (NYSE: GD) Electric Boat business received three contract actions worth approximately $191.2M combined to provide post-delivery support services for the U.S. Navy’s USS South Dakota (SSN 790) Virginia-class nuclear submarine. The Department of Defense said Monday the company will provide planning, execution and alteration support for the submarine through a …

Read More »

General Dynamics Gets Two $1.36B Contracts for Army Stryker Logistics, Repair Services

General Dynamics’ (NYSE: GD) land systems business has secured two separate five-year contracts worth $1.36B each to provide support services for the U.S. Army’s Stryker combat vehicles. The Department of Defense said Thursday the company will provide damage repair, reset-refurbishment and retrofit support services for the Strykers under the first …

Read More »

General Dynamics IT Awarded $99M FAA National Airspace System Infrastructure Modernization IDIQ

General Dynamics’ (NYSE: GD) information technology business, has received a potential seven-year, $99M contract from the Federal Aviation Administration to design, install and maintain FAA’s Data, Visualization, Analysis and Reporting System. The company said Tuesday the indefinite-delivery/indefinite-quantity contract has a two-year base term and five option years. “Through this contract, …

Read More »

General Dynamics Gets $491M DISA Network Infrastructure Support BPA; Leigh Palmer Quoted

General Dynamics‘ (NYSE: GD) information technology business has received a potential five-year, $491M blanket purchase agreement from the Defense Information Systems Agency to support DISA’s Joint Service Provider Enterprise Transport Management-Next Generation program. GDIT said Tuesday it will continue to operate, manage, deploy and maintain network infrastructure of the Pentagon and …

Read More »

McAleese & Associates: General Dynamics Projects 2019 CapEx to Rise to $1.2B Driven by Submarine Programs

A new report by consulting firm McAleese & Associates says General Dynamics (NYSE: GD) posted $36.2B in full-year 2018 sales, up 17 percent from the previous year. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report that the increase was primarily driven by $3.7B in …

Read More »

BAE, General Dynamics, HII to Extend Amphibious Ship Maintenance Work Under $407M Navy Contract Option

The U.S. Navy has exercised the third option period on indefinite-delivery/indefinite-quantity contracts with BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) to maintain the military branch’s amphibious ships. Each contractor will have the chance to vie for complex, emergent and continuous maintenance orders under firm-fixed-price contract modifications, the Department of Defense …

Read More »

General Dynamics Unit Plans New PNT Engineering, Manufacturing Hub in Colorado

TYSONS CORNER, VA, February 7, 2019 — A General Dynamics (NYSE: GD) business will establish a new 18.5K-square-foot facility in Colorado to house research, development, engineering, production, sales, finance, marketing and administration operations, ExecutiveBiz reported Wednesday. General Dynamics Mission Systems said Tuesday its GPS Source subsidiary will have approximately 100 personnel …

Read More »

General Dynamics to Continue Arleigh Burke-Class Destroyer Yard Services Under Potential $719M Navy Contract

General Dynamics’ (NYSE: GD) Bath Iron Works subsidiary has received a potential five-year, $719M contract to extend planning yard services for the U.S. Navy’s Arleigh Burke-class guided missile destroyers. The contract has a one-year base value of $126M and covers DDG 51 logistics, design, material kitting, planning and execution support, the company …

Read More »

General Dynamics Allots $1B CapEx Budget for Submarine Construction Updates

TYSONS CORNER, VA, February 1, 2019 — General Dynamics (NYSE: GD) has unveiled a plan to reinvest $1B into its manufacturing operations in 2019 as part of a capital expenditure strategy that includes the further development of submarine construction capabilities, ExecutiveBiz reported Thursday. USNI News reported Wednesday that the funds will …

Read More »

General Dynamics Subsidiary Gets $402M Contract for Army Ground Vehicle Technical Support

General Dynamics‘ (NYSE: GD) land systems subsidiary has received a potential five-year, $402.1M contract to provide technical support services for the U.S. Army’s fleet of Stryker ground combat vehicles. Work under the cost-plus-fixed-fee contract is scheduled to conclude Jan. 31, 2024, the Department of Defense said Thursday. The Army will …

Read More »