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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 …

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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 …

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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 …

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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 …

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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 …

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Report: State Dept Seeks Proposals for $3.3B Global Support Strategy Follow-On Contract

The State Department has issued a solicitation for a potential 10-year, $3.3B recompete contract to provide support services for the bureau of consular affairs, Bloomberg Government reported Wednesday. The Global Support Strategy 2 contract covers offsite biometric collection, appointment scheduling, document delivery, consular fee collection, crowd management and onsite personnel …

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Jimmy Norcross, Mark Hugel, John Spadafore Take New Leadership Roles at CACI’s Navy Business

CACI International (NYSE: CACI) has made a series of leadership changes to support its expanding work with the U.S. Navy following its $84M acquisition of General Dynamics‘ (NYSE: GD) systems engineering and acquisition services business unit in August. Jimmy Norcross, formerly head of asset and supply chain division at CACI’s business systems, has been …

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General Dynamics Awarded $2.1B State Dept Security Engineering, Supply Chain Services Contract

A General Dynamics (NYSE: GD) business unit has received a potential $2.07B contract from the State Department for supply chain management and security engineering services. A FedBizOpps notice posted Wednesday says General Dynamics Information Technology will deliver such services in support of the State Department’s bureau of diplomatic security under …

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CMS Unveils 31 Awardees on $1.6B Health Care Quality Evaluation IDIQ

The Centers for Medicare and Medicaid Services has awarded 31 companies and organizations spots on a potential 10-year, $1.6B contract to help CMS develop and implement clinical quality measures designed to assess and manage the quality of health care services at national, facility and community levels. A FedBizOpps notice posted …

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CACI Closes $84M Buy of General Dynamics Business Unit; Ken Asbury, Jack London Quoted

CACI International (NYSE: CACI) has closed its purchase of CSRA’s former systems engineering and acquisition services business unit from General Dynamics (NYSE: GD) for $84M to expand support work for the U.S. Navy. Arlington, Va.-based CACI said Thursday it expects the acquisition to add approximately $150M to its revenue for fiscal 2019 and …

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