Search Results for: General Dynamics

Cubic Wins $300M For Navy Combat Ship Training Systems

Cubic Corp. has won $300 million in contract awards from the to produce training systems for the branch’s combat ships, the Orlando Sentinel reports. Richard Burnett writes the company’s simulation systems division won three $100 million awards to build the systems for the Littoral Combat Ship. The company will make …

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GD Electric Boat Wins $1.8B for Design Work on Ballistic Missile Submarines

General Dynamics Electric Boat has won an $1.85 billion contract for products and design work for the new class of ballistic missile submarines. This cost-plus-fixed-fee with special incentives contract includes design work for the Ohio Replacement program, including: ·         design and development of the joint U.S. Navy/ U.K. common missile …

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GD Electric Boat Acquires Submarine Engineering Firm; Kevin Poitras Comments

General Dynamics Electric Boat has purchased Applied Physical Sciences Corp. in cash for an undisclosed sum to leverage the Groton, Conn.-based company’s rapid prototyping and engineering knowledge, according to a General Dynamics statement. “This acquisition… gives the talented professionals at Applied Physical Sciences additional insight into the needs of the U.S. …

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GDIT, SAIC, SRA Among Senate IT Support Contract Competitors

The U.S. Senate’s sergeant at arms office has selected seven companies to compete for the opportunity to become the prime contractor for information technology support services. According to a FedBizOpps notice, the Senate is referring vendors interested in subcontracting opportunities to companies listed in the notice. Prime contract competitors include: …

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Israel Asking to Buy Boeing-Made Bomb Kits For $641M Sale

Israel has asked to buy 6, 900 Boeing-made (NYSE: BA) bomb guidance kits for a $647 million foreign military sales agreement, the Defense Security Cooperation Agency announced Monday. Other principal contractors for the proposed sale include ATK (NYSE: ATK), General Dynamics (NYSE: GD), Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN). …

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Thales USA CEO Allan Cameron Retiring, Alan Pellegrini Named Successor

Thales USA has promoted Alan Pellegrini, currently vice president and general manager for avionics, to succeed the retiring Allan Cameron as president and CEO, effective at the beginning of 2013. The company said Cameron started as CEO in 2006 and led the company through four acquisitions in the defense and …

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Navy Awarding Up to $65M for Maritime ISR Tech Engineering

The U.S. Navy has awarded five contracts potentially worth around $65 million combined for systems engineering work on technologies for maritime intelligence, surveillance and reconnaissance operations. According to the Defense Department, each of the contracts contain two base years and three one year options, with awardees competing for task orders …

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GDIT Wins $100M to Help Standup New Military Hospitals, Clinics; Marcus Collier Comments

General Dynamics‘ (NYSE: GD) information technology business unit has won task orders worth up to $100 million to help the U.S. Army Corps of Engineers install IT equipment at new military hospitals and clinics. The company said it won the three orders in September and they have a combined timespan …

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Electric Boat Wins $89M Contract to Continue Virginia-class Submarine R&D Work

General Dynamics (NYSE:GD) subsidiary Electric Boat Corp. has won an $88, 828, 706 modification contract for development studies and design efforts related to Virginia-class submarines. Electric Boat is expected to continue its work on components and systems to accomplish research and development tasks and prototypes and engineering development models. The effort will …

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BAE Adding Marine Hydraulics Intl to Ship Repair Division; Bill Clifford Comments

BAE Systems‘ U.S. subsidiary has agreed to acquire the Norfolk, Va.-based ship repair firm Marine Hydraulics International from American Maritime Holdings, BAE announced Thursday. Terms of the deal were not disclosed and BAE expects to close the transaction during the first quarter of 2013, pending regulatory approval. BAE said it …

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