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Tag Archives: mission systems

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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General Dynamics’ Chris Marzilli Inducted to Wash100 for Communications Tech Leadership

Executive Mosaic, Tysons Corner, VA February 26, 2015 – Chris Marzilli, president of General Dynamics’ newly formed mission systems business unit, has been selected to be on this year’s Wash100 list of the most influential leaders in GovCon for his leadership role in the communications technology market. The Wash100 is the premier group of …

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General Dynamics to Consolidate AIS, C4 Business Arms; Chris Marzilli to Head Combined Org

General Dynamics (NYSE: GD) will combine its advanced information systems and C4 systems business units into a single organization that will adopt the name General Dynamics Mission Systems. The company said Monday that the consolidation will take effect in January 2015 and Chris Marzilli, current president of the C4 systems …

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