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Phebe Novakovic: General Dynamics Posts Modest Q1 Defense Biz Growth, Maintains Strong Balance SheetFinancial Reports
  • April 30, 2020

    Phebe Novakovic: General Dynamics Posts Modest Q1 Defense Biz Growth, Maintains Strong Balance Sheet

    General Dynamics' (NYSE: GD) defense businesses earned $7.1B in total revenue for its fiscal 2020 first quarter that ended March…
    Report: Four Shipbuilders Vie for Navy’s $1.2B Frigate Construction ContractNews
    • April 29, 2020

      Report: Four Shipbuilders Vie for Navy’s $1.2B Frigate Construction Contract

      The U.S. Navy is set to award an initial $1.2B contract for the contruction of its next-generation small multimission frigate in an…
      James Geurts: Navy Releases $600M in Withheld Defense Contractor PaymentsNews
      • April 29, 2020

        James Geurts: Navy Releases $600M in Withheld Defense Contractor Payments

        James Geurts, acquisition chief at the U.S. Navy and a 2020 Wash100 Award winner, said the service has provided defense contractors $600M in…
        Jennifer Felix Promoted to ASRC Federal President, CEOExecutive Moves
        • April 28, 2020

          Jennifer Felix Promoted to ASRC Federal President, CEO

          Jennifer Felix, executive vice president and chief operating officer at ASRC Federal, has been promoted to president and CEO of the…
          Trump Creates ‘American Economic Revival’ Industry GroupNews
          • April 16, 2020

            Trump Creates ‘American Economic Revival’ Industry Group

            President Trump has chosen 200 industry leaders as part of the Great American Economic Revival Industry Groups that will work…
            Navy Hands Down Potential $7.1B Navy Aircraft Parts Manufacturing IDIQContract Awards
            • April 16, 2020

              Navy Hands Down Potential $7.1B Navy Aircraft Parts Manufacturing IDIQ

              The U.S. Navy has selected 25 companies for a potential 11-year, $7.14B contract to perform full-rate production of aircraft components and…
              Report: DoD Requests 14% Hypersonic Tech Funding Boost for Fiscal 2021News
              • April 15, 2020

                Report: DoD Requests 14% Hypersonic Tech Funding Boost for Fiscal 2021

                The Department of Defense has asked Congress nearly $2.9B in fiscal 2021 funds to procure hypersonic weapons systems, a 14 percent increase from…
                Six Firms Awarded $550M Navy LCS Maintenance IDIQ Ceiling IncreaseContract Awards
                • April 15, 2020

                  Six Firms Awarded $550M Navy LCS Maintenance IDIQ Ceiling Increase

                  Six companies have received a $550M increase to potential value of orders under a multiple-award contract to sustain U.S. Navy littoral combat…
                  Seven Firms Get $5.5B in Army Contract Modifications for COVID-19 Response SupportContract Awards
                  • April 13, 2020

                    Seven Firms Get $5.5B in Army Contract Modifications for COVID-19 Response Support

                    The U.S. Army has awarded $5.5B in contract modifications to seven companies to provide support services for the military branch…
                    GAO Upholds Leidos’ $6.5B DoD Info Network Support Contract; Gerry Fasano QuotedNews
                    • April 6, 2020

                      GAO Upholds Leidos’ $6.5B DoD Info Network Support Contract; Gerry Fasano Quoted

                      The Government Accountability Office has dismissed General Dynamics’ (NYSE: GD) protest of the Defense Information Systems Agency's award of a potential $6.52B contract…
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