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Tag Archives: General Dynamics

NAVSEA Moves to Address Potential OCI in General Dynamics-CSRA Combination

The U.S. Navy has initiated several measures to avoid any potential organizational conflict of interest that may emerge following the completion of General Dynamics’ (NYSE: GD) $9.7 billion acquisition of CSRA. The Naval Sea Systems Command said Tuesday it asked General Dynamics and CSRA to hand over to a third party …

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General Dynamics Closes $9.7B CSRA Purchase

General Dynamics (NYSE: GD) has concluded its approximately $9.7 billion acquisition of CSRA (NYSE: CSRA) in a push to establish a combined government information technology services contractor. CSRA will operate as part of General Dynamics’ IT business and will stop trading on the New York Stock Exchange as a result of …

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General Dynamics Receives $126M Contract Modification for Navy Submarine Missile Tube Components

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a five-year, $126.2 million contract modification from the U.S. Navy to obtain long-lead-time materials for the missile tube of Columbia-class ballistic missile submarines. This submarine missile tube is part of the joint U.S./U.K Common Missile Compartment program, the Defense Department said Monday. Seventy-two …

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General Dynamics Land Systems Secures Army Abrams Tech Support Contract Modification

TYSONS CORNER, VA, April 2, 2018 — General Dynamics’ (NYSE: GD) land systems business has received a one-year, $61.2 million contract modification to provide technical support for the U.S. Army’s Abrams battle tank systems, ExecutiveBiz reported Thursday. The Defense Department said Wednesday work under the contract modification, which is funded via …

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CACI Drops Acquisition Bid for CSRA; Ken Asbury Comments

CACI International (NYSE: CACI) has withdrawn its bid to purchase CSRA (NYSE: CSRA) for $44.00 per share in cash and stock, or approximately $7.2 billion. “We will continue our aggressive pursuit of strategic opportunities, judiciously and without engaging in auctions at uneconomic levels,” CACI CEO Ken Asbury said in a statement …

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General Dynamics Mission Systems Named Homeland Security & Defense Business Council Member

TYSONS CORNER, VA, March 26, 2018 — General Dynamics‘ (NYSE: GD) mission systems business has joined the Homeland Security and Defense Business Council, where the company will help advance thought leadership engagement models in the homeland security field, ExecutiveBiz reported Friday. The council said Thursday General Dynamics Mission Systems and REI …

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General Dynamics to Provide Geospatial Technical Services Under $200M Army IDIQ; Adam Rudo Comments

General Dynamics’ (NYSE: GD) One Source business will provide technical support services to help the U.S. Army integrate, coordinate and synchronize geospatial data requirements and standards under a potential five-year, $200 million contract awarded in February. The company said Friday it will also build geospatial enterprise-based platforms for warfighters under …

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Executive Mosaic’s Weekly GovCon Round-up: Wash100 Update & the CSRA Acquisition

Weekly Roundup March 19 – March 23, 2018 Click here to see Real-Time GovCon Sector Quotes Wash100 Update & the CSRA Acquisition  Jim Garrettson, Executive Mosaic CEO The popular vote for the Wash100 continues this week! Voting turn out has been strong since the January 25th launch of the popular vote, and all of …

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General Dynamics to Support DHS Campus IT Operations Under Potential $628M Task Order

General Dynamics (NYSE: GD) will provide information technology services at the  Department of Homeland Security campus in Washington, D.C. under a potential six-year, $628 million task order from the General Services Administration. Work covers IT operations and maintenance and logistics support to new and rehabilitated facilities at the DHS’ St. Elizabeth’s campus, the company said …

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Industry Team Updates C3, Battle Mgmt Network of US Ballistic Missile Defense System

TYSONS CORNER, VA, March 22, 2018 — A team comprised of Boeing (NYSE: BA), General Dynamics (NYSE: GD), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) has moved to update the network that links the elements of the U.S. ballistic missile defense system, ExecutiveBiz reported Wednesday. …

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