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Tag Archives: General Dynamics

10 Companies Land $231M Contract Spots to Support Army Combined Arms Center

The U.S. Army has awarded 10 companies positions on a potential five-year, $231 million contract that covers non-personal services for the Army Combined Arms Center. The Defense Department said Wednesday contractors will vie for task orders to help CAC develop and produce training and education strategies, scientific human subject studies, doctrine, concepts, instruction and …

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April 18 Market Close: GovCon Index and Major Markets Drop as Goldman Earnings Down

The Executive Mosaic GovCon Index retreated to close down 0.407 percent to 90.431 giving back one-half of yesterday’s gains. Advancing and declining stocks were pretty well split on the day. U.S. markets all closed down with a disappointing earning report from Goldman Sachs. Leading the decline were healthcare companies, energy producers, and …

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April 17 Market Close: GovCon Index and Markets Rebound Strongly From Last Week

The Executive Mosaic GovCon Index turned in better than 1 percent gain on the day as advancing stocks closed 29 to 1 versus decliners. With the European markets closed the U.S. markets all closed strongly as investors geopolitical concerns dampened. At market close WTI was down $0.57 to $ 52.61 per barrel …

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General Dynamics Border Video Surveillance Tech Reaches Full Operating Capability

TYSONS CORNER, VA, April 13, 2017 — General Dynamics‘ (NYSE: GD) Remote Video Surveillance System has secured full operational capability status from the Customs and Border Protection agency following two years of field tests, ExecutiveBiz reported Wednesday. The company said Tuesday the system was deployed along the southern U.S. border for the …

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April 13 Noon Day Report:With Long Weekend Ahead GovCon Index and Markets up Slightly

At noon on the day prior to the long holiday weekend the Executive Mosaic GovCon Index is up slightly by 0.270 percent to 90.614. Advancing companies are outpacing decliners 18 to 12. As markets anticipate the long Easter weekend they are up slightly as JP Morgan Chase & Co. and Citigroup Inc. …

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Kevin Boyle Named Vencore SVP, General Counsel; Mac Curtis Comments

Kevin Boyle, formerly senior vice president, general counsel and corporate secretary at Alion Science and Technology, has joined Vencore as SVP and general counsel. Vencore said Tuesday Boyle will oversee the company’s legal and ethics functions as well as contracts, procurement and property management organizations in his new position. “[Boyle] has extensive …

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GovConWire Weekly Roundup: M&A, Executive Moves and More

Weekly Roundup April 3 – April 7 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed several large-scale mergers and acquisitions, as well as a number of executive moves in both the public and private sectors. Computer Sciences …

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UK Awards $412M Contract to General Dynamics for Tactical Comm & Info System Development

General Dynamics‘ (NYSE: GD) U.K. arm has received a potential $411.8 million contract from the British defense ministry to design and develop a tactical communication and information system. The award is the first contract issued under the MORPHEUS program that aims to modernize the command-and-control networks of the U.K.’s armed forces, General Dynamics said …

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April 3 Market Close: GovCon Index and Major Indices Close Down on Weak Auto Sales

The Executive Mosaic GovCon Index and major markets all followed the auto stocks down as March reported weak vehicle sales, raising questions\concerns about economic growth. Investors continue to watch closely developments on the global political and economic front. GovCon Index decliners outpaced advancers 6 to 1. In spite of its Friday turn-around WTI …

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General Dynamics, Orbital ATK Units Picked for Army’s Ammo Cartridge Supply

TYSONS CORNER, VA, March 31, 2017 — The U.S. Army has selected General Dynamics (NYSE: GD) and Orbital ATK (NYSE: OA) subsidiaries to provide new and recapitalized ammunition cartridges under respective contracts worth $63.7 million and $47.5 million, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the Army will use the cartridges from General …

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