Tag Archives: nyse gd

General Dynamics Celebrates 15 Years of Hydra

General Dynamics (NYSE: GD) marked a 15-year milestone this week manufacturing Hydra 70 air-to-ground rockets at the company’s Camden, Ark., plant with delivery of the four-millionth rocket. Since 1996, GD has been the only manufacturer of the Hydra. The contract to continue supplying the U.S. Army with Hydra rockets has …

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General Dynamics Iron Works Awarded $29.9M Modification on Zumwalt Contract

General Dynamics (NYSE: GD) shipbuilding subsidiary Bath Iron Works in Bath, Maine, was awarded a not-to-exceed $29.9 million contract modification to a previously awarded contract for material and engineering for the Zumwalt-class guided missile destroyer, according to the Defense Department. Work will be performed at the shipyard’s headquarters along the …

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General Dynamics Submarine Division Awarded $33.5M Modification for Sub R&D

General Dynamics Electric Boat Corp. of Groton, Conn., was awarded a $33.5 million modification on a Navy engineering contract for advanced submarine technologies, according to the Defense Department. GDEB, a division of government-contracting giant General Dynamics (NYSE: GD), is the primary shipbuilder for the Navy’s fleet of submarines. Advanced submarine …

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General Dyanmics Snags Air Force Deal

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a maximum $45, 500, 000 cost plus fixed fee IDIQ which will provide Air Force Research Laboratory Materials and Manufacturing Directorate Technology division with a contract vehicle related to evolving materials and manufacturing technology.  At this point, …

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General Dynamics Books CMS Work

General Dynamics (NYSE: GD) Information Technology booked a deal to continue providing claims processing support to the Department of Health and Human Services’ Centers for Medicare and Medicaid Services. The contract has a total potential value of $95 million over five years if all options are exercised. “General Dynamics’ 30-year …

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General Dynamics Wins Lucrative Enterprise IT Deal

General Dynamics (NYSE: GD) Information Technology booked a five-year deal worth $83.6 million to provide information technology enterprise network services to the U.S. Special Operations Command. The contract has a ceiling value of $125 million. “General Dynamics’ cadre of IT professionals, experienced with worldwide IT operations, will provide unparalleled support …

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Lockheed Books $105 Million Order from General Dynamics

General Dynamics (NYSE: GD) C4 Systems, the prime contractor for the Warfighter Information Network-Tactical, or “WIN-T”, awarded Lockheed Martin (NYSE: LMT) a $105 million order to produce additional communications equipment for WIN-T Increment 2. “This increment of WIN-T allows commanders to stay connected from company through division echelons, which is …

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General Dynamics Snags Navy Deal

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded an $18, 800, 000 cost-plus-fixed-fee modification to previously awarded contract (N00024-06-C-2303) for additional class services associated with the detail design and construction of the Zumwalt-class (DDG 1000) destroyer.  This work will provide technical and industrial engineering in …

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General Dynamics Books $1.2 Billion in Sub Funding

General Dynamics (NYSE: GD) Electric Boat secured $1.2 billion in funding from the Navy to cover the construction of the 14th Virginia-class submarine, SSN-787. According to the firm, “the release of the funding allows procurement of long lead-time components that will support the planned official construction start later this year …

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Friday DoD Winners Include General Dynamics, Boeing

According to the Department of Defense, “General Dynamics (NYSE: GD) was awarded a $23, 065, 641 firm-fixed-price contract.  The award will provide for the facilities, personnel, and equipment for the manufacture of the 155mm M795 metal parts with flexible rotating band covers.  Work will be performed in Scranton, Penn., with …

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