Search Results for: AM General

Northrop Delivering Tank Sensor Assembly Units to General Dynamics

Northrop Grumman (NYSE: NOC) has begun delivering LRS-2000 rate sensor assembly units to General Dynamics’ (NYSE: GD) land systems’ business under a $23 million contract. The units are for the stabilized commander’s weapon station on the U.S. Army’s M1A1 Abrams tank. Northrop will deliver more than 2, 400 units between …

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General Dynamics to Improve Bandwidth Carrier for Military Tactical Network

General Dynamics‘ (NYSE: GD) C4 systems business unit has won a potential $64.5 million contract to add capabilities to the wideband network waveform, which provides the bandwidth necessary to move large amounts of data through the military’s tactical network. The company will provide software support and maintenance to improve WNW’s reliability and performance. Planned …

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General Dynamics Wins $37M Award from U.S. Navy

General Dynamics‘ NASSCO,  has been awarded a $37, 376, 704 cost-plus-fee contract from the U.S. Navy for the fitting-out availability of the USS San Diego (LPD 22). This contract includes options which, if exercised, would bring the cumulative value of the award to $134, 470, 993. Specialized efforts include program …

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General Dynamics Wins $78M Army IDIQ For Battlefield Virtualization Software

The U.S. Army has awarded General Dynamics’ (NYSE: GD) C4 systems business unit a $78 million award to develop, implement and maintain software for the Command Post of the Future System. The award is a cost-plus-award-fee indefinite-delivery/indefinite-quantity contract. The U.S. Army Communications-Electronics Command, Aberdeen Proving Ground, Md., is the contracting activity. …

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General Dynamics Wins $243M Contract for Stryker Combat Vehicles

General Dynamics’ (NYSE: GD) land systems business unit has won a $243 million award with the U.S. Army‘s TACOM Lifecycle Management Command to provide 115 Stryker combat vehicles equipped with double-V hulls. General Dynamics has already delivered close to 300 of the vehicles under a July 2010 contract award. The company will ultimately provide 450 …

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General Dynamics Completes $960M Acquisition of Vangent Inc.; Jay Johnson Comments

General Dynamics (NYSE: GD) has completed its acquisition of healthcare IT provider Vangent Inc. for approximately $960 million cash. General Dynamics expects the move will increase its earnings in 2012. Vangent will become part of the company’s IT business unit, GDIT. Vangent’s core offerings include health informatics and information exchange, electronic health records …

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General Dynamics Wins $679M Contract to Build Navy Destroyer

The U.S. Navy has awarded General Dynamics’ (NYSE: GD) subsidiary Bath Iron Works a $679, 600, 348 fixed-price-incentive contract to construct the Arleigh Burke-class destroyer DDG 115. The Arleigh Burke class is the Navy’s first class of destroyer built around the Aegis combat system and the SPY-1D multi-function phased array radar. …

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General Dynamics to Acquire Norfolk-based Ship Repair Company Metro Machine Corp.

General Dynamics (NYSE: GD) has entered an agreement to acquire Metro Machine Corp.,  a surface-ship repair company that supports the U.S. Navy fleet in Norfolk, Va., for an undisclosed amount of cash. General Dyanmics expects the move to increase its earnings beginning in 2012. Metro will join the shipbuilding and repair …

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General Dynamics Wins $174M for Submarine Lead-Yard Services

General Dynamics‘ (NYSE: GD) subsidiary Electric Boat has won a $174, 486, 588 U.S. Navy contract option. The company will provide Virginia-class submarine lead-yard services, development studies and design. Electric boat will provide all engineering services necessary to upgrade and support Virginia-class ship specifications. Work is expected to be completed by September …

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