According to the Department of Defense: “General Dynamics (NYSE: GD) is being awarded a ceiling $45, 925, 000 indefinite-delivery/indefinite-quantity contract for life cycle logistics for the Distributed Scalable AccessNet and LongArm software, including licenses, training, technical services, and spare and repair parts. Work will be performed in Columbia, Md., and is expected to be completed by April 29, 2015. Contract funds will not expire at the end of the current fiscal year. This contract was not competitively procured. The Marine Corps Systems Command, Quantico, Va., is the contracting activity (M67854-10-D-2224).”
General Dynamics Claims Deal from Navy
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A General Dynamics (NYSE: GD) subsidiary has received a potential five-year, $296.8 million contract from the U.S. Army to provide system technical support for the military branch’s M10 Booker combat vehicle. Army Contracting Command will obligate funds and determine work locations upon award of each task order and expects contract work to run through April