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General Dynamics Nuclear Submarine Modification Raises Potential Contract Total to Over $692M

General Dynamics‘ (NYSE: GD) electric boat subsidiary has received two U.S. Navy contract modifications worth a combined $32.9 million. Electric boat will continue developing the common missile compartment for the next-generation strategic deterrent and support nuclear-submarine repair work. On a $21 million modification to a $76 million 2008 award, Electric Boat …

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On $440M Army Contract, General Dynamics-led Team to Develop Combat Vehicle with Network Interoperability

A General Dynamics-led (NYSE: GD) team has won a $439.7 million contract for the technology development phase of the U.S. Army’s ground combat vehicle infantry fighting vehicle program. Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will team with General Dynamics to fulfill the program’s goal of producing an affordable and operational infantry fighting vehicle in seven …

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General Dynamics Wins $36M Contract for Apache Helicopter Ammunition

General Dynamics‘ (NYSE: GD) ordnance and tactical systems business unit has won a $35.6 million U.S. Army contract for the Apache AH-64 helicopter’s primary ammunition cartridges. The company will provide 30mm M789 high-explosive dual-purpose ammunition cartridges. Work will be performed at the company’s Marion, Ill., operations. “This new M789 line provides our …

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General Dynamics to Acquire Vangent Inc. for $960M Cash; CEO Jay Johson Comments

General Dynamics (NYSE: GD) has definitively agreed to acquire the parent company of healthcare IT firm Vangent, Inc. for approximately $960 million in cash. General Dynamics expects the move to increase its earnings in 2012. Arlington, Va.-based Vangent employs 7, 500 workers and specializes in health informatics and information exchange, electronic health …

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$497M IDIQ Announced for Navy Medicine R&D; SAIC, GDIT, Booz Allen Win Spots

The U.S. Army has announced a $497 million Omnibus III indefinite-delivery/indefinite-quantity contract to support U.S. Navy medicine research and development programs. The following firms were awarded positions on the award: General Dynamics‘ IT business unit, GDIT (NYSE: GD) Science Applications International Corp. (NYSE: SAI) Booz Allen Hamilton (NYSE: BAH) Contract …

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GDIT Forms Unmanned Aircraft System Partnership

General Dynamics‘ (NYSE: GD) IT business unit has established a partnership with Simlat, an unmanned air system training and simulation systems firm. Simlat-supported platforms and payloads have been implemented in more than 20 countries. The companies will jointly display an ISR multi-purpose advanced classroom trainer at AUVSI North America 2011 …

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General Dynamics to Provide Labor, Material to Convert Tanks for Saudi Arabia

The U.S. Army has awarded General Dynamics‘ (NYSE: GD) land systems business unit a $12, 586, 165 cost-no-fee contract. The company will provide material items and associated labor to support production and conversion of 42 M1A2 tanks to a M1A2S configuration for the Kingdom of Saudi Arabia. One bid was solicited, with one …

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General Dynamics Wins $111M Modification for Missile Destroyer Work

The U.S. Navy has awarded General Dynamics‘ (NYSE: GD) bath iron works unit a not-to-exceed $110, 799, 779 contract modification. General Dynamics will provide long lead time construction for DDG 1001, long lead time material for DDG 1002 and engineering and production support services. Work is expected to be completed …

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GDIT to Service Customized Coast Guard Systems; Collier Comments

  General Dynamics‘ (NYSE: GD) IT business unit has won a blanket purchase agreement to provide IT support services to the U.S. Coast Guard‘s force readiness command. General Dynamics will provide non-standard workstation and system services, which are customized and stand alone from the overall enterprise, some systems and sensors. FORCECOM is …

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General Dynamics Elects Gen. James L. Jones to Board of Directors

General Dynamics‘ (NYSE: GD) board of directors has elected retired U.S. Marine Corps general James L. Jones to be a director of the corporation, effective Aug. 3, 2011. Jones, 67, is currently president of global consulting firm Jones Group International and served as National Security Advisor to the President of the United States …

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