Tag Archives: nyse gd

General Dynamics to Provide Mortar Propelling Charges to Army

The U.S. Army has awarded General Dynamics (NYSE: GD) Ordnance and Tactical Systems, Marion, Ill., a $7, 066, 000 firm-fixed-price contract. General Dynamics will provide 1, 260, 000 81mm, M220 mortar propelling charges as part of a modification to a previously awarded contract. Work will be performed in Marion, Ill., …

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General Dynamics Wins $5M Air Force Task Order for Spectral Imagery Production and Analysis

The U.S. Air Force has awarded General Dynamics’ (NYSE: GD) advanced information systems business unit a $4.7 million task order to provide hyperspectral and multispectral imagery production and analysis. The task order was awarded through a five-year, indefinite-delivery/indefinite-quantity advanced technical exploitation program contract awarded in 2009. The work will support the Air …

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Special Operations Awards $1.5B to General Dynamics, SAIC, L-3, Arma Global

The U.S. Special Operations Command has awarded $362, 000, 000 multiple award indefinite-delivery/indefinite-quantity contracts to General Dynamics Information Technology (NYSE: GD), Fairfax, Va.,  Science Applications International Corp. (NYSE: SAI), McLean, Va.,  L-3 Stratis, Reston, Va.,  and Arma Global Corp.,  Tampa, Fla. Each contract has firm-fixed-price and cost-plus-fixed-fee line items for IT …

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General Dynamics Wins $286M Army Rocket Contract

The U.S. Army has awarded General Dynamics Armament and Technical Products (NYSE: GD), Williston, Vt., a $285, 970, 132 cost-plus contract for the fiscal 2011 option exercise for the production of the Hydra-70, 2.75 inch rockets. One bid was solicited with one bid received. Work will be performed in Burlington, …

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General Dynamics Wins $8M Air Force Contract for Widely Used Processor

The U.S. Air Force has awarded General Dynamics Advanced Information Systems (NYSE: GD) a $7.8 million contract to develop an open system architecture common back-end digital processor for Air Force radio frequency electronic devices. General Dynamics will produce processors capable of handling the digital processing needs of all Air Force …

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General Dynamics Wins $876M GSA Task Order for Homeland Security Network Infrastructure

The U.S. General Services Administration — the agency acting as the federal government’s landlord — has awarded General Dynamics (NYSE: GD) a seven-year task order potentially worth $876 million to develop an integrated network infrastructure for the consolidated Department of Homeland Security headquarters at the St. Elizabeth’s campus in southeast Washington, …

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General Dynamics Board Declares Dividend, Authorizes Share Repurchases

The General Dynamics (NYSE: GD) board of directors has declared a regular quarterly dividend of 47 cents per share on the company’s common stock. The dividend will be payable Aug. 5, 2011, to shareholders of record at the close of business July 1. The board also authorized management to repurchase …

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Navy Awards General Dynamics Deal to Continue Ship Development

The Navy has awarded General Dynamics National Steel and Shipbuilding Co. (NYSE: GD) $744, 129, 956 to continue designing and constructing two mobile landing platform ships. General Dynamics will conduct the majority of the work in San Diego, Calif., and is expected to finish by February 2014. The Naval Sea Systems Command, …

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General Dynamics Land Systems Picks up $16M Stryker Deal

The Defense Department announced General Dynamics Land Systems, the government-contracting giant’s (NYSE: GD) Sterling Heights, Mich.-based tankbuilder, has been awarded a $16.2 million contract to provide Stryker brigade combat team program management support. The $16, 239, 028 firm-fixed-price, level-of-effort contract was awarded with one bid solicited and one bid received. …

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General Dynamics Unit Names New VP to AxleTech Subsidiary

General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), announced it has appointed Gerry Giudici vice president and general manager of its AxleTech International subsidiary. Giudici, who takes over for Mary Petrovich, will report to Michael Mulligan, the company’s president. The appointment will be effective …

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