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Search Results for: General Dynamics

October 23 Morning Report: GovCon Index Down at Market Close

The 30-company GovCon Index closed at 64.584 on Wednesday, down by 0.270 point or 0.419 percent from the previous day. The Standard & Poors 500 index dropped 0.7 percent to 1927 points, the Nasdaq composite index registered an 0.8 percent fall to 4383 and the Dow Jones industrial average inched down 0.9 percent to 16, 461 as markets …

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Executive Mosaic Launches GovConIndex

Executive Mosaic Inc. has launched the Executive Mosaic GovConIndex; a composite index that tracks 30 of the leading publicly traded Government Contracting (GovCon) Companies. The goal of the index is to measure the health and performance of the GovCon industry through changes in the aggregate price of the component stocks. The represented …

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Bob Ranck to Lead Gulfstream Gov’t Programs, Sales; Larry Flynn Comments

John “Bob” Ranck, former vice president of business development at Integrated Systems Solutions, has joined General Dynamics (NYSE: GD) subsidiary Gulfstream Aerospace as senior VP for government programs and sales, effective January. The company said Monday Ranck will succeed retiring Buddy Sams and report to Gulfstream President Larry Flynn. “[Ranck] has invaluable intelligence, surveillance and …

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GD Bath Iron Works Wins Potential $100M LCS Planning Yard Contract

General Dynamics‘ (NYSE: GD) Bath Iron Works subsidiary has won a potential $100, 418, 069 contract to perform planning yard services for the U.S. Navy‘s Littoral Combat Ship program. The Navy received three offers for the cost-plus-award-fee contract and Bath Iron Works will act as the single planning yard for the LCS …

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Navy Taps 5 Contractors for $2.5B Shipboard Networks IDIQ

The U.S. Navy has awarded positions on an eight-year,  $2, 529, 500, 000 contract to five companies for work to produce and install shipboard networks that are intended as a bridge to the branch’s future afloat networks. The Defense Department said Wednesday that the indefinite-delivery/indefinite-quantity, firm-fixed-price, cost-plus-fixed-fee contract contains no options …

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Air Force Picks 10 for $960M NETCENTS-2 Application Services IDIQ

Ten companies will compete for delivery orders to provide application services to the U.S. Air Force for a 10-year period under a potential $960 million contract.  program over a 10-year period. The Defense Department said Monday on its website that the Network-Centric Solutions-2 Application Services contract covers sustainment, integration, migration, training, testing and operational and help desk support. Awardees …

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Army Taps 6 Firms for $300M for Armament Center Support IDIQ

Six companies have won positions on a five-year, $300 million contract to help a U.S. Army research and development center obtain materials and services to meet the center’s requirements. The Army received nine bids for the multiple award order dependent contract via the Internet and will determine both funding and work location with …

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Northrop Switches With BAE for Prime Contractor Role in AF T-X Trainer Bid

Northrop Grumman (NYSE: NOC) has taken the prime contractor role in its joint bid with BAE Systems for the potential $11 billion U.S. Air Force T-X trainer contract, Breaking Defense reported Monday. Colin Clark writes Northrop will now lead its partnership BAE, L-3 Link Simulation & Training and Rolls-Royce as they offer BAE’s Hawk trainer jet for the Air …

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Boeing Vet Roger Krone to Join Leidos as CEO; John Jumper to Remain Chairman

Roger Krone, president of the network and space systems business unit at Boeing (NYSE: BA) for nearly six years, will join Leidos (NYSE: LDOS) as CEO on July 14 to succeed the retiring John Jumper, Leidos said Tuesday. This announcement comes nearly five months after Jumper announced his plans to …

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Munitions Industry Veteran Steven Torma Assumes Lead Role at AO Precision Manufacturing

Munitions industry veteran Steven C. Torma will seek to lead AO Precision Manufacturing’s efforts to grow its business portfolio as the company’s new chief executive officer. Torma joins AO after spending three decades in leadership roles at Liberty Ammunition and General Dynamics, AO said Thursday. He was vice president and …

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