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Tag Archives: General Dynamics

General Dynamics Unit Secures $70M Navy Enterprise IT, Cybersecurity Services Contract

General Dynamics‘ (NYSE: GD) information technology unit has received a potential three-year, $70 million contract to provide enterprise-level IT services to various U.S. Navy installations. The company said Monday work covers engineering, technical and program support to the Commander, Navy Installations Command and the Space and Naval Warfare Systems Center Atlantic in areas such as cybersecurity engineering; data center …

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February 3 Market Close: GovCon Index Higher on L3 & HII Boosts, US Stocks Up After Trump Banking Exec Order

Executive Mosaic’s GovCon Index rose Friday on advances large and middle-tier defense primes as U.S. stocks climbed following the January jobs report and President Donald Trump’s new executive order to reduce regulations on the banking industry implemented after the 2008 crisis. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio as nine …

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February 2 Market Close: GovCon Index Held Green by CACI & Harris Earnings Beats, US Stocks Unchanged

Executive Mosaic’s GovCon Index closed higher Thursday on strong performances by CACI International (NYSE: CACI) and Harris Corp. (NYSE: HRS) after both contractors reported quarterly earnings above Wall Street’s expectations. U.S. stocks in contrast ended mostly flat as investors waited Friday’s job report and weighed President Donald Trump’s comments to lawmakers …

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January 31 Market Close: GovCon Index Flat to Record Monthly Loss, Aerospace Primes Lead Declines

Executive Mosaic’s GovCon Index closed flat Tuesday with large prime aerospace contractors the main laggards and services companies the predominant gainers as U.S. stocks also fell on continued investor uncertainty over White House policies. GovCon Index decliners outnumbered gainers 18-12 as three of its 11 S&P 500 components advanced with co-listed McKesson Corp. (NYSE: …

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General Dynamics to Supply More Piranha 3 Armored Vehicles to Romania

TYSONS CORNER, VA, Jan. 31, 2017 — A subsidiary of General Dynamics (NYSE: GD) will produce additional Piranha 3 wheeled armored vehicles for Romania in support of the country’s fleet modernization program, ExecutiveBiz reported Monday. The company said Friday this is the fifth batch of vehicles that its European Land Systems business will …

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January 30 Market Close: GovCon Index Broaches 1% Decline Amid Market Anxiety Over Immigration Order

Executive Mosaic’s GovCon Index posted its largest decline in seven weeks Monday as the general U.S. stock market also saw increased selling activity amid investor concern over the Trump administration’s immigration measure to bar entry into the U.S. from seven Middle East countries. Only three of the GovCon Index’s 30 components advanced …

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General Dynamics IT to Offer Cyber Services Under 4 New SINs in GSA IT Schedule 70

TYSONS CORNER, VA, Jan. 30, 2017 — The General Services Administration has awarded a General Dynamics (NYSE: GD) business unit authority to provide cyber services under four new special item numbers in the agency’s IT Schedule 70 contract vehicle, ExecutiveBiz reported Friday. The company said Thursday its information technology unit will provide federal agencies penetration …

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January 30 Morning Report: GovCon Index Gets Boost From General Dynamics’ Positive 3-Year Sales Outlook

Executive Mosaic’s GovCon Index posted a 0.257-percent gain to 88.929 Friday despite decliners outnumbering gainers by a 2-to-1 ratio as General Dynamics (NYSE: GD) recorded an all-time high on a positive three-year sales outlook. General Dynamics, which was GCI’s top net and percentage performer, said in an earnings call it expects revenue to increase 5.6 …

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January 27 Market Close: GovCon Index Held Positive by General Dynamics on Upbeat 3-Year Sales Outlook

Executive Mosaic’s GovCon Index held positive Friday to end the week flat despite a majority of its 30 stocks in negative territory as S&P 500-listed General Dynamics (NYSE: GD) surged to an all-time record high during the session after the defense contractor issued a bullish three-year sales outlook. U.S. stocks traded slightly …

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January 26 Market Close: GovCon Index Dragged by McKesson, Raytheon & Northrop in Mixed US Stock Trading Session

Executive Mosaic’s GovCon Index traded lower Thursday with declines by large caps McKesson Corp. (NYSE: MCK), Raytheon (NYSE: RTN) and Northrop Grumman (NYSE: NOC) the main contributors in a mixed trading session for U.S. stocks. GovCon Index decliners slightly edged gainers as seven of its 11 S&P 500 components advanced with co-listed L3 Technologies (NYSE: LLL) …

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