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Tag Archives: mission systems

General Dynamics Unit Gets $732M Navy IDIQ to Sustain MUOS Satcom Ground System

General Dynamics' (NYSE: GD) mission systems business has secured a potential 10-year, $731.9M contract from the U.S. Navy to sustain ground infrastructure of a narrowband military satellite communications system. General Dynamics Mission Systems will provide sustainment support for the Mobile User Objective System, the Department of Defense said Friday.

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McAleese & Associates: General Dynamics Projects 2019 CapEx to Rise to $1.2B Driven by Submarine Programs

A new report by consulting firm McAleese & Associates says General Dynamics (NYSE: GD) posted $36.2B in full-year 2018 sales, up 17 percent from the previous year. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report that the increase was primarily driven by $3.7B in …

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McAleese & Associates: Northrop Posts 16% Sales Growth Driven by Aerospace, Innovation Systems Segments

Consulting firm McAleese and Associates has released a report that provides an overview of the financial performance of Northrop Grumman (NYSE: NOC) during the fourth quarter and full year 2018. Northrop saw its 2018 sales jump 16 percent to $30B driven by sales growth at its innovation systems business and …

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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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Northrop Reports 10% Rise in Q2 2018 Sales; Wes Bush Comments

Northrop Grumman (NYSE: NOC) posted $7.1 billion in sales for the second quarter of fiscal 2018, up 10 percent from the same period last year. The company said Monday it recorded $689 million in Q2 net earnings, showing a 24 percent increase from the prior year period, and saw its backlog …

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General Dynamics CEO: Census Bureau Support Win Part of IS&T Segment’s ‘Diving Board’ for Growth

General Dynamics (NYSE: GD) CEO Phebe Novakovic singled out to investors Wednesday the company’s potential five-year contract to support a Census Bureau contact center as part of what she referred to as a “diving board” for growth in the information systems and technology segment. That contract worth up to $430 million announced in September calls on General …

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Lockheed Adopts New Name for Former Mission Systems & Training Unit

TYSONS CORNER, VA, Aug. 8, 2016 — Lockheed Martin‘s (NYSE: LMT) mission systems and training business will operate under the rotary and mission systems brand beginning Sept. 5 in a change that seeks to reflect the company’s expanded portfolio following the acquisition of Sikorsky Aircraft, ExecutiveBiz reported Friday. The rebranded rotary and mission …

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General Dynamics Buys Undersea Drone Maker Bluefin Robotics; Chris Marzilli Comments

General Dynamics has purchased unmanned undersea vehicle manufacturer Bluefin Robotics for an undisclosed amount in a push to add new autonomous technology manufacturing capability. Bluefin will become a part of General Dynamics’ maritime and strategic systems line of business within the mission systems unit, General Dynamics said Monday. Founded in 1997, Bluefin manufactures 50 configurations …

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Northrop Realigns Businesses, Appoints Gloria Flach COO

Northrop Grumman (NYSE: NOC) will restructure from four business segments to three, effective Jan. 1, in a move President and CEO Wes Bush said is aimed to align strategies with customer requirements. On that date, Gloria Flach, corporate vice president and president of Northrop’s electronic systems sector, will assume the …

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