Search Results for: General Dynamics

BAE, General Dynamics, HII Subsidiaries Get $121M in Navy Surface Combatant Support Contract Modifications

Subsidiaries of BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) have received contract modifications worth a combined $120.5 million to help the U.S. Navy maintain, repair or update San Diego-homeported surface combatants. The Defense Department said Monday the modifications exercise an option under previously awarded indefinite-delivery/indefinite-quantity contracts to BAE’s San Diego …

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General Dynamics to Help Secure Military Intell Networks Under $170M DIA Task Order

A business unit of General Dynamics (NYSE: GD) has received a potential five-year, $170 million task order to help the Defense Intelligence Agency secure enterprise intelligence systems and networks being used by DIA, combatant commands and other U.S. military agencies. General Dynamics said Thursday its information technology business will provide cybersecurity …

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General Dynamics Electric Boat Lands $126M Navy Submarine Material Supply Contract

A General Dynamics (NYSE: GD) subsidiary has received a potential one-year, $126.5 million contract to provide long-lead time materials for the U.S. Navy’s Virginia-class submarines. General Dynamics Electric Boat will use the funds to obtain propulsion units, steam and electric plant components, turbine generators, electrical systems, mechanical and miscellaneous hull components in support of the construction …

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General Dynamics Subsidiary Nabs Potential $310M Contract Modification to Update Canada’s Light Armored Vehicle Fleet

General Dynamics‘ (NYSE: GD) Canada-based land systems subsidiary has secured a $309.8 million contract modification to update the country’s light armored vehicle fleet. General Dynamics said Monday the contract will cover work to boost the performance and survivability of Canada’s 141 Light Armored Vehicle III fleet as well as maintain the …

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Navy Receives 1st General Dynamics-Built Arleigh Burke-Class ‘Restart’ Ship

TYSONS CORNER, VA, Feb. 8, 2017 — The U.S. Navy has accepted the first guided-missile destroyer constructed by General Dynamics‘ (NYSE: GD) Bath Iron Works subsidiary under the military branch’s restart of the Arleigh Burke-class ship development program, ExecutiveBiz reported Tuesday. The Navy said Monday the future USS Rafael Peralta recently completed at-sea and pier-side tests for …

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General Dynamics Unit Secures $70M Navy Enterprise IT, Cybersecurity Services Contract

General Dynamics‘ (NYSE: GD) information technology unit has received a potential three-year, $70 million contract to provide enterprise-level IT services to various U.S. Navy installations. The company said Monday work covers engineering, technical and program support to the Commander, Navy Installations Command and the Space and Naval Warfare Systems Center Atlantic in areas such as cybersecurity engineering; data center …

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General Dynamics to Supply More Piranha 3 Armored Vehicles to Romania

TYSONS CORNER, VA, Jan. 31, 2017 — A subsidiary of General Dynamics (NYSE: GD) will produce additional Piranha 3 wheeled armored vehicles for Romania in support of the country’s fleet modernization program, ExecutiveBiz reported Monday. The company said Friday this is the fifth batch of vehicles that its European Land Systems business will …

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General Dynamics IT to Offer Cyber Services Under 4 New SINs in GSA IT Schedule 70

TYSONS CORNER, VA, Jan. 30, 2017 — The General Services Administration has awarded a General Dynamics (NYSE: GD) business unit authority to provide cyber services under four new special item numbers in the agency’s IT Schedule 70 contract vehicle, ExecutiveBiz reported Friday. The company said Thursday its information technology unit will provide federal agencies penetration …

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January 30 Morning Report: GovCon Index Gets Boost From General Dynamics’ Positive 3-Year Sales Outlook

Executive Mosaic’s GovCon Index posted a 0.257-percent gain to 88.929 Friday despite decliners outnumbering gainers by a 2-to-1 ratio as General Dynamics (NYSE: GD) recorded an all-time high on a positive three-year sales outlook. General Dynamics, which was GCI’s top net and percentage performer, said in an earnings call it expects revenue to increase 5.6 …

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January 27 Market Close: GovCon Index Held Positive by General Dynamics on Upbeat 3-Year Sales Outlook

Executive Mosaic’s GovCon Index held positive Friday to end the week flat despite a majority of its 30 stocks in negative territory as S&P 500-listed General Dynamics (NYSE: GD) surged to an all-time record high during the session after the defense contractor issued a bullish three-year sales outlook. U.S. stocks traded slightly …

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