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Search Results for: General Dynamics

Air Force Research Lab Picks 3 Firms for $121M Materials Research Support IDIQ

General Dynamics’ (NYSE: GD) information technology business unit, UES and Azimuth have won positions on a potential seven-year, $121 million contract to perform survivability studies and materials research work for the U.S. Air Force Research Laboratory. AFRL awarded the cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract through competitive procurement with three bids received, the Defense Department said …

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Weekly Roundup Oct 26 – Oct 30 2015: Northrop Records Double Victory w/ 3Q Earnings, Bomber Win & more

Weekly Roundup Oct 26 – Oct 30 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world’s fifth-largest defense contractor received a double-billing of good news this week via third quarter financial results that beat The Street and a landmark contract win …

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Nadia Short: DoD’s $460M Digital Services Contract Supports Agility for Cyber Response

TYSONS CORNER, VA, October 30,  2015 — The Defense Department‘s new $460 million contract for digital services support to U.S. Cyber Command could see bids from General Dynamics (NYSE: GD), Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Thursday. Bloomberg reported Wednesday that the contract has seen interest from traditional defense …

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Northrop Wins Air Force Long Range Strike Bomber Contract

Northrop Grumman (NYSE: NOC) has beaten out a team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) for the highly-anticipated contract to build the U.S. Air Force‘s Long Range Strike Bomber plane, Defense Department officials announced Tuesday. The service branch plans to purchase up to 100 of the bombers at a cost of $511 million per plane …

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October 27 Market Close: GovCon Index Closes Down, Stocks Decline on Goods Data

The GovCon Index failed to recover from morning session losses Tuesday and closed with a nominal decline of 0.052 points to 75.304. Textron (NYSE: TXT) led all Index gainers at 4.15 percent to $40.43 after the conglomerate reported a 9-percent profit increase in its third quarter and earnings that exceeded Wall Street analyst forecasts despite …

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Raytheon Gets $129M Engineering Support Contract Modification for Navy Zumwalt-Class Destroyers

Raytheon (NYSE: RTN) has received a potential one-year, $129 million contract modification to provide additional engineering support services for the U.S. Navy’s fleet of Zumwalt-class guided missile destroyers. The company will perform contract work in Rhode Island, Maine, Massachusetts, California, Virginia and Indiana through August 2016, the Defense Department said Friday. …

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October 23 Market Close: GovCon Index Extends Climb, US Stocks Up on Earnings & China Rate Decision

The GovCon Index extended its current rally into a second day with a gain of 1.057 percent to 75.312 as investors continued to mull earnings reports from S&P 500 stocks, 11 of which are also listed in the Index. For the week, the Index recorded a gain of 6.32 percent on third quarter earnings reports above Wall Street …

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Weekly Roundup Oct 19 – Oct 23 2015: Contracting Giants Kick Off 3Q Earnings Season & more

Weekly Roundup Oct 19 – Oct 23 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Three of the U.S.’ five largest government contractors and members of Executive Mosaic’s GovCon Index ushered in the latest round of earnings reports this week and …

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October 21 Market Close: GovCon Index Down, US Stocks Tumble on Healthcare & Tech Declines

The GovCon Index struggled to show direction for most of Wednesday before a sharp drop in the afternoon session to close with a decline of 0.142 points to 73.099. Index company Boeing (NYSE: BA) led all gainers with a climb of 1.66 percent to $141.19 after the Chicago-based airplane maker posted third quarter earnings above Wall Street expectations and …

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Apprio Appoints Sallie Sweeney as CISO; Darryl Britt Comments

Sallie Sweeney, an information security professional and former security director of General Dynamics‘ (NYSE: GD) information technology business, has joined Apprio as chief information security officer. Apprio said Thursday Sweeney will be in charge of the company’s corporate information security and government contract security services programs. “Sallie has established a great reputation of …

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