Tag Archives: nassco

General Dynamics NASSCO Lands $498M Contract Modification for Navy Floating Base Construction

The U.S. Navy has awarded General Dynamics‘ (NYSE: GD) NASSCO subsidiary a $498, 116, 529 contract modification to design and build a fourth mobile landing platform-afloat forward staging base for naval vessels. The Defense Department said Friday it expects NASSCO to complete work under the fixed-price incentive contract in March …

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General Dynamics NASSCO Awarded $128M to Detail, Design 3rd Navy MLP Ship Conversion

General Dynamics NASSCO will carry out detail design and construction work to modify a mobile landing platform ship for the U.S. Navy under a $128.5 million contract modification. The subsidiary is working to convert the MLP 3 ship into an afloat forward staging base variant and aims to complete the …

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General Dynamics Awarded $171M for Carter Hall Ship Dry Dock

General Dynamics‘ (NYSE: GD) NASSCO subsidiary has been awarded a $171, 961, 941 contract action by the U.S. Navy for dry-docking maintenance work on the USS Carter Hall. The Navy is obligating $104, 155, 547 in fiscal year 2014 operations and maintenance funds at the time of award and $123, 702, 226 …

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General Dynamics Shuffles Marine Systems Leadership Team; John Casey Comments

General Dynamics (NYSE: GD) has reorganized the responsibilities of its executive team for its subsidiaries within the marine systems business group. Jeffrey Geiger, president of Bath Iron Works, will move into the same position in the Electric Boat subsidiary and succeed the retiring Kevin Poitras on Nov. 4, General Dynamics …

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General Dynamics NASSCO Installing Navy Ship Gas Turbine Ducts

General Dynamics‘ (NYSE: GD) NASSCO subsidiary will remove and install gas turbine exhaust ducts for a U.S. Navy ship. The subsidiary won a $9, 051, 101 modification to a previously-awarded cost-plus award fee contract for work on the USS Makin Island, the Defense Department said Thursday. Phased maintenance availability work …

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General Dynamics NASSCO Wins $108M to Update USS Essex

General Dynamics‘ (NYSE: GD) NASSCO subsidiary has won a $107, 994, 835 U.S. Navy contract modification to conduct fiscal year 2012 dry-dock phased maintenance on the USS Essex, the Defense Department announced Wednesday. The subsidiary will plan and carry out depot-level maintenance, alterations and modifications to update the ship’s military …

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General Dynamics Subsidiary Wins $104M for USS Comstock Inspection

General Dynamics‘ (NYSE: GD) NASSCO subsidiary has won a $104, 804, 120 U.S. Navy contract modification to renovate and modernize the USS Comstock, the Defense Department announced Wednesday. NASSCO will perform work under the Navy’s fiscal year 2012 Extended Docking Phased Maintenance Availability fund, which covers inspection and testing of …

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General Dynamics Acquiring Earl Industries Ship Repair Division; Fred Harris Comments

General Dynamics (NYSE: GD) has agreed to acquire the ship repair and coatings division of Earl Industries for an undisclosed amount, General Dynamics announced Friday. General Dynamics expects the acquisition to increase its earnings per share in 2013 and to close this summer. The division will become part of General …

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General Dynamics NASSCO Wins $69M for Comstock Renovation

General Dynamics’ (NYSE: GD) NASSCO subsidiary has won a $68, 915, 249 U.S. Navy contract modification to renovate the USS Comstock, the Defense Department announced Wednesday. The San Diego-based subsidiary will inspect, update and test the dock landing ship’s components and systems. This contract falls under fiscal 2012 year funds …

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GovCon Wire’s October M&A Activity Recap: Active Tech Sector, One Big Spinoff

The technology sector was one to watch in October’s merger and acquisition landscape, and a dominant player in the government contracting industry completed a significant transformation. GovCon Wire recorded 10 acquisitions in October and the first week of November, up from the eight we covered in September. Acquisitions IBM (NYSE: IBM) looked …

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