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Search Results for: General Dynamics

August 1 Market Close: GovCon Index Lifted on Engility, General Dynamics & Cubic Gains

Executive Mosaic’s GovCon Index traded higher Monday in mixed activity for U.S. stocks as Engility Holdings (NYSE: EGL) surged on a second quarter earnings beat with General Dynamics (NYSE: GD) and Cubic Corp. (NYSE: CUB) also as top performers. The GovCon Index added 0.252 points to 82.500 with four of the GCI’s 11 …

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General Dynamics Secures $167M MK84 Bomb Components Contract

The U.S. Army has awarded General Dynamics (NYSE: GD) a potential $167.4 million to supply MK84-4 tritonal-filled general purpose bomb components to the U.S. Air Force. The Defense Department said Thursday General Dynamics’ ordnance and tactical systems business unit will perform work in Garland, Texas through March 31, 2019. The Army Contracting Command obligated $83.7 million at the time of …

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General Dynamics Lands Navy Contract for Repairs on USS Oak Hill

TYSONS CORNER, VA, July 25, 2016 — General Dynamics‘ (NYSE: GD) NASSCO subsidiary will repair and modify the U.S. Navy‘s USS Oak Hill dock landing ship under a $42 million contract modification, ExecutiveBiz reported Friday. The company said Thursday the contract covers engine replacement, habitability upgrades, ballast tank preservation and repairs of close-in …

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General Dynamics Lands Award for Additional Funds on Virginia Payload Module Contract

TYSONS CORNER, VA, July 21, 2016 — General Dynamics (NYSE: GD) has secured an $18.9 million contract modification from the U.S. Navy for the development of a payload module for the Virginia-class attack submarines, ExecutiveBiz reported Wednesday. The company said Tuesday the award covers two Virginia payload module pre-production units and brings …

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July 14 Market Close: GovCon Index Boosted on Boeing, General Dynamics Gains

Executive Mosaic’s GovCon Index held higher for a fifth straight session Thursday on contributions from aerospace stocks Boeing (NYSE: BA) and General Dynamics (NYSE: GD) as U.S. financial markets received a boost from gains in JPMorgan (NYSE: JPM) shares. The GovCon Index rose 0.072 points to a record 81.823 as the S&P …

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General Dynamics to Supply 7 Intl Clients With Hydra Rockets Under $170M Army Contract Modification

General Dynamics (NYSE: GD) has received a potential $169.7 million contract modification from the U.S. Army to produce Hydra-70 unguided rocket systems for seven U.S. allies under the foreign military sales program. The Defense Department said Monday the company will supply Hydra rockets with various warhead configurations to Colombia, Afghanistan, Iraq, Qatar, India, Belgium and the United Arab Emirates. General Dynamics …

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General Dynamics Subsidiary to Build Virginia-Class Submarine Payload Under $116M Navy Contract Modification

General Dynamics‘ (NYSE:GD) Electric Boat subsidiary has secured a $116.2 million contract modification from the U.S. Navy to manufacture a payload module for Virginia-class attack submarines. The Defense Department said Friday that Electric Boat will also develop insertion prototype materials for the service branch’s future USS South Dakota submarine under the modification. DoD noted the contract will run through …

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General Dynamics Subsidiary Wins Potential $3B Navy Contract to Build 6 Replenishment Oilers

General Dynamics‘ (NYSE: GD) NASSCO subsidiary has received a potential $3.2 billion contract from the U.S. Navy to design and build six replenishment oilers. The Defense Department said Thursday the contract has a base value of $640 million for the initial T-AO 205 class fleet replenishment oiler, which could be followed by one ship …

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General Dynamics, Teammates Plan Training Facility for Canada’s Upcoming Search & Rescue Aircraft

TYSONS CORNER, VA, June 29, 2016 — A subsidiary of General Dynamics (NYSE: GD) in Canada and its partners including Leonardo-Finmeccanica and DRS Technologies plan to construct a training facility in British Columbia to accommodate a potential $3 billion production contract for the C-27J search-and-rescue aircraft, ExecutiveBiz reported Tuesday. DRS said June 22 “Team Spartan” eyes a …

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General Dynamics Shipyard Hosts Christening of Navy Zumwalt-Class Destroyer

TYSONS CORNER, VA, June 21, 2016 — A General Dynamics (NYSE: GD) shipyard in Bath, Maine, hosted the christening ceremony for the U.S. Navy‘s second Zumwalt-class destroyer designated USS Michael Monsoor, Executive Gov reported Monday. The Defense Department said Friday USS Michael Monsoor will enter into service to support naval and joint maritime …

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