Tag Archives: nyse gd

General Dynamics Collects Navy Contract

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a $7, 838, 160 modification to a previously awarded firm-fixed price contract (N00421-10-C-0024) to exercise an option to procure 22 M61A2 20mm lightweight Gatling gun systems in support of the F/A-18 E/F Strike Fighter Program.  Work will …

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General Dynamics Elects GM’s Mary Barra to Board

General Dynamics’ (NYSE: GD) board of directors elected Mary T. Barra to be a director of the corporation. The move takes effect March 15. Barra is the senior vice president of Global Product Development for General Motors (NYSE: GM). “As a manufacturing-based company, we welcome the insight that Mary will …

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General Dynamics, BAE Systems Win DoD Work Orders

According to the Department of Defense, “General Dynamics (NYSE: GD) was awarded a $19, 830, 000 cost-plus-fixed-fee contract.  The award will provide for system technical support for the Abrams tank program.  Work will be performed in Sterling Heights, Mich., with an estimated completion date of Dec. 19, 2011.  One bid …

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General Dynamics Board Approves Dividend Increase

General Dynamics (NYSE: GD) released the following financial statement: The firm’s “board of directors declared a regular quarterly dividend of 47 cents per share on the company’s common stock, payable May 6, 2011, to shareholders of record on April 8.  The dividend represents a 12 percent increase from the previous …

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General Dynamics Sails to Navy Win

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a $26, 949, 460 modification to previously awarded indefinite-delivery/indefinite-quantity contract (N00024-07-D-5222) for the production of the Navy’s Common Display System, a commercial, off-the-shelf-based, Grade A shock-qualified, display system in support of various Navy platforms.  The CDS equipment …

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General Dynamics, Thales Australia Reach Decade-Long Partnership Deal

General Dynamics (NYSE: GD) Ordnance and Tactical Systems and Thales Australia reached an agreement on a 10-year strategic teaming deal for work in the Australian Ordnance market. According to Thales, “the agreement formalizes many years of close cooperation between Thales and General Dynamics, cements Thales’s ability to deliver domestic munitions …

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General Dynamics Secures Defense Work

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded an $11, 126, 773 firm-fixed-price modification to existing previously awarded contract (N00024-10-C-5141) for the production of Aegis gun and guided missile directors (MK82 Mod 0) and Aegis Director Controllers (MK 200 Mod 0).  The MK 82 director …

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General Dynamics Lands on Army HR ID/IQ

General Dynamics IT (NYSE: GD) secured a spot on the Army’s HR Solutions Personnel Support Services ID/IQ contract.  The multiple award deal carries a five-year term if all options are exercised. The firm is one of 17 that will work on the contract. Under this contract, General Dynamics will focus …

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General Dynamics Information Technology Books Defense Deal

According to the Department of Defense, “General Dynamics Information Technology (NYSE: GD) was awarded a $23, 000, 000 contract for the ruggedized portable maintenance aids able to integrate directly with the F-22 fighter jet for maintenance purposes.  At this time, $3, 003, 494 has been obligated.  ASC/PKEIE, Wright-Patterson Air Force …

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General Dynamics Pinpoints Navy Deal

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a $19, 046, 251 firm-fixed-price modification under a previously awarded contract (N00024-09-C-4417) for preparation and accomplishment of the fiscal 2011 dry-docking continuous maintenance availability of USS Alexandria (SSN 757).  The contractor will perform advance planning, design documentation, …

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