Home / Tag Archives: GD

Tag Archives: GD

GD Electric Boat, HII, Oceaneering Win Navy Submarine Safety Support Contracts

A General Dynamics (NYSE: GD) subsidiary, Huntington Ingalls Industries (NYSE: HII) and Oceaneering International (NYSE: OII) have received five-year contracts to support safety and material work aboard the U.S. Navy’s submarines. The Defense Department said Wednesday the indefinite-delivery/indefinite-quantity contracts cover support for Virginia-class, Seawolf-class, Ohio-class and Los Angeles-class submarines. The contractors …

Read More »

Navy Awards $160M ONE-Net IT Services Contract Modification to General Dynamics

General Dynamics‘ (NYSE: GD) information technology business has received a potential $159.6M contract modification to continue to provide IT services for the U.S. Navy‘s naval enterprise network outside the continental U.S. The ONE-Net contract modification has a one-year base term worth $78.8M and an option that could extend work through May …

Read More »

10 Firms Awarded Spots on $962M Navy Cyber Mission Engineering Support IDIQ

The U.S. Navy has awarded 10 companies positions on a potential $962M multiple-award contract to provide cyber mission engineering and information warfare support services across air, ground, maritime, cyber and space domains. The indefinite-delivery/indefinite-quantity contract has a five-year base term worth approximately $898M and extension options for two years and …

Read More »

General Dynamics Awarded $91M Navy Contract for Voice Systems Engineering Services

General Dynamics‘ (NYSE: GD) information technology business has secured a potential $91.2M contract to provide systems engineering support for the U.S. Navy‘s voice systems. The indefinite-delivery/indefinite-quantity contract also includes lifecycle sustainment and programmatic support services and has a five-year base period valued at $85.9M and extension options for four years and six months, …

Read More »

Maximus Completes $400M Purchase of General Dynamics’ Citizen Engagement Centers; Bruce Caswell Quoted

Maximus (NYSE: MMS) has concluded its purchase of federal citizen engagement centers from General Dynamics’ (NYSE: GD) information technology business. Maximus said Tuesday it will report the acquired assets under its U.S. federal services segment and expects the transaction to record $600M to $625M in fiscal 2019 revenue. The Reston, Va.-based government services …

Read More »

Report: General Dynamics Posts 13% Increase in Q3 Mission Systems Segment Revenue

McAleese & Associates has provided an overview of General Dynamics’ (NYSE: GD) financial results in the third quarter of 2018. The Falls Church, Va.-based defense contractor’s mission systems sector reported a 13 percent increase in Q3 sales with an operating margin of 14.6 percent, reflecting an 18 percent growth in …

Read More »

Phil Nolan, Dave Keffer Appointed General Partners at Blue Delta Capital

Government industry veterans Phil Nolan and Dave Keffer have been named general partners at McLean, Va.-based private equity firm Blue Delta Capital Partners. Nolan has been an advisory board member at Blue Delta since 2011. He previously served as CEO of Stanley, which CGI (NYSE: GIB) purchased in 2010, and …

Read More »

Maximus to Buy General Dynamics’ Citizen Engagement Centers in $400M Cash Deal; Bruce Caswell Quoted

Maximus (NYSE: MMS) has agreed to buy federal citizen engagement centers of General Dynamics (NYSE: GD) information technology business for $400M in cash in a move to expand its capabilities in citizen services delivery. The company “is strengthening its position with some of the largest mission-critical federal civilian programs,” Bruce Caswell, Maximus president …

Read More »

General Dynamics Gets Potential $189M Contract Extension for Navy HR System Modernization; Leigh Palmer Quoted

General Dynamics (NYSE: GD) has secured a potential $189M contract extension from the U.S. Navy to continue to support and upgrade the service’s personnel and pay management system. General Dynamics Information Technology will immediately get an award of $93.2M after the Navy increased the ceiling of the Personnel Modernization contract to …

Read More »

General Dynamics Wins Potential $96M Navy BPA for Cloud IT Services

A General Dynamics (NYSE: GD) business has secured a potential five-year, $95.8M blanket purchase agreement to provide cloud services for the U.S. Navy. The BPA has a one-year base term worth approximately $22.4M and four option years and was awarded through General Dynamics Information Technology’s position on the General Services Administration’s Schedule …

Read More »