Search Results for: General Dynamics

General Dynamics Appoints Aiken as CFO of Gulfstream Aerospace, Kuryea as Controller

General Dynamics (NYSE: GD) has appointed Jason W. Aiken chief financial officer of its Gulfstream Aerospace Corp. subsidiary, effective Sept. 1, 2011. Aiken has been General Dynamics’ controller since 2010 and is currently a Gulfstream vice president. He will succeed Daniel G. Clare, who became president of General Dynamics’ Jet Aviation subsidiary in July. …

Read More »

General Dynamics Wins $111M Modification for Missile Destroyer Work

The U.S. Navy has awarded General Dynamics‘ (NYSE: GD) bath iron works unit a not-to-exceed $110, 799, 779 contract modification. General Dynamics will provide long lead time construction for DDG 1001, long lead time material for DDG 1002 and engineering and production support services. Work is expected to be completed …

Read More »

General Dynamics Elects Gen. James L. Jones to Board of Directors

General Dynamics‘ (NYSE: GD) board of directors has elected retired U.S. Marine Corps general James L. Jones to be a director of the corporation, effective Aug. 3, 2011. Jones, 67, is currently president of global consulting firm Jones Group International and served as National Security Advisor to the President of the United States …

Read More »

General Dynamics to Continue to Maintain Navy Nuclear Maintenance Department

General Dynamics‘ (NYSE: GD) wholly-owned subsidiary Electric Boat will continue to operate a nuclear regional maintenance department on a $24.9 million modification to a three-year contract worth $78 million. The company will provide project management, planning, training and radiological-control services to support maintenance, modernization and repairs at the naval submarine base …

Read More »

General Dynamics Subsidiary to Maintain and Repair 2 Nuclear Aircraft Carriers

The U.S. Navy has awarded General Dynamics’ (NYSE: GD) wholly-owned subsidiary Electric Boat  a $16.6 million contract to support nuclear aircraft carrier repair work at Norfolk Naval Shipyard inPortsmouth, Va. Electric Boat will provide about 100 skilled trades workers to perform maintenance and repair work on USS Truman and USS George W. Bush. The contract will …

Read More »

General Dynamics Wins $45M Air Force Contract for Remotely Piloted Vehicles

The U.S. Air Force has awarded  General Dynamics’ (NYSE: GD) IT business unit a firm-fixed-price contract potentially worth $45 million to develop and improve manufacturing processes for all aspects of remotely piloted vehicles and aircraft. The Air Force Research Laboratory at Wright-Patterson Air Force Base in Ohio is the contracting activity.

Read More »

General Dynamics Releases 2nd Quarter Financial Results; Johnson Comments

General Dynamics (NYSE: GD) released its second quarter 2011 financial results on July 27. The company reported its earnings from continuing operations increased 2.3 percent to $666 million, or $1.79 per diluted share, from $651 million, or $1.68 per diluted share, in the second quarter of 2010. Net earnings rose to $653 …

Read More »

General Dynamics Completes Acquisition of Fortress Technologies

General Dynamics (NYSE: GD) has completed its acquisition of wireless networking equipment provider Fortress Technologies, Inc. for an undisclosed amount. General Dynamics expects the move to increase its earnings beginning in 2012. General Dynamics C4 Systems will manage the acquired company, which employs around 70 workers. Massachusetts-based Fortress provides ruggedized and other …

Read More »

General Dynamics Added to $1.33B Defense Contract

General Dynamics (NYSE: GD) has been added to a $1.33 billion Defense Department contract that will supply Egypt with 125 armed Abram battle tanks. Thirty-five contractors will manage the production and fielding program in Egypt for up to three years. Honeywell International Inc. (NYSE: HON), which makes the tank engines, and Allison Transmission Inc. …

Read More »

General Dynamics to Further Renovate, Modernize USS Harpers Ferry

The U.S. Navy has awarded General Dynamics-National Steel and Shipbuilding Co. (NYSE: GD), San Diego, Calif., an $11, 705, 854 contract modification for the USS Harpers Ferry fiscal 2011 extended docking phased maintenance availability. NASSCO will extensively renovate and modernize the LSD-class ship with alterations and repairs. It will also inspect …

Read More »