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GD Electric Boat Wins Potential $881M Nuclear Submarine Award

The U.S. Navy has awarded General Dynamics‘ (NYSE: GD) subsidiary Electric Boat a $91.2 million contract modification to provide lead-yard services for Virginia-class nuclear-powered attack submarines. The contract has a potential value of $881 million through 2014 if all options are exercised and funded. Electric Boat will develop, maintain and update design drawings and …

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General Dynamics NASSCO Wins Potential $134M USS San Diego Contract

General Dynamics‘ (NYSE: GD) subsidiary NASSCO has won a potential $134 million U.S. Navy contract. NASSCO has been awarded $37 million as of Oct. 20 to provide fitting-out availability of the San Antonio-class amphibious assault dock ship USS San Diego. NASSCO will provide planning, program management, design, engineering and other ship …

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General Dynamics to Support Irregular Warfare with Internally Transportable Vehicles

The U.S. Navy has awarded General Dynamics’ (NYSE: GD) ordnance and tactical systems business unit an $18, 110, 480 contract modification for 75 full rate production internally transportable vehicles. The ITV is a Marine Corps program to field an expeditionary vehicle supporting over-the-horizon amphibious operations, irregular warfare and enhanced company operations. Work …

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Northrop Delivering Tank Sensor Assembly Units to General Dynamics

Northrop Grumman (NYSE: NOC) has begun delivering LRS-2000 rate sensor assembly units to General Dynamics’ (NYSE: GD) land systems’ business under a $23 million contract. The units are for the stabilized commander’s weapon station on the U.S. Army’s M1A1 Abrams tank. Northrop will deliver more than 2, 400 units between …

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General Dynamics to Improve Bandwidth Carrier for Military Tactical Network

General Dynamics‘ (NYSE: GD) C4 systems business unit has won a potential $64.5 million contract to add capabilities to the wideband network waveform, which provides the bandwidth necessary to move large amounts of data through the military’s tactical network. The company will provide software support and maintenance to improve WNW’s reliability and performance. Planned …

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GovCon Wire’s September M&A Activity Recap; Contractors Active Across Industry

While no clear sector focus dominated the merger and acquisition landscape in September, government contractors remained busy, closing on several interesting healthcare and cybersecurity deals and divesting some operations. The eight acquisitions GovCon Wire recorded were down from the 11 reported in August, but executive moves ramped up to seasonal …

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GDAIS Wins Potential $87M Award to Develop Anti-Mine Unmanned Underwater Vehicle

General Dynamics‘ (NYSE: GD) advanced informational systems business unit has won a potential $86, 719, 986 U.S. Navy contract to engineer, manufacture and develop a surface mine countermeasure unmanned underwater vehicle. The SMCM UUV system will enhance the capabilities of the fleet mine warfare commander and address the Navy’s need to …

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General Dynamics Completes $960M Acquisition of Vangent Inc.; Jay Johnson Comments

General Dynamics (NYSE: GD) has completed its acquisition of healthcare IT provider Vangent Inc. for approximately $960 million cash. General Dynamics expects the move will increase its earnings in 2012. Vangent will become part of the company’s IT business unit, GDIT. Vangent’s core offerings include health informatics and information exchange, electronic health records …

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General Dynamics Wins $679M Contract to Build Navy Destroyer

The U.S. Navy has awarded General Dynamics’ (NYSE: GD) subsidiary Bath Iron Works a $679, 600, 348 fixed-price-incentive contract to construct the Arleigh Burke-class destroyer DDG 115. The Arleigh Burke class is the Navy’s first class of destroyer built around the Aegis combat system and the SPY-1D multi-function phased array radar. …

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