GD Wins Deal to Support FAA’s FAVES Program
General Dynamics (NYSE: GD) has won a contract to support and modernize the FAA’s Administrative Voice Enterprise Services (FAVES) program.
The 10-year, single-award contract is valued at $228 million.
General Dynamics will provide managed services support that includes operations and maintenance, technology refresh and upgrades to existing administrative telephony systems and provide new administrative telephony systems and [...]
GD Wins Deal to Provide Parts for Mine Resistant Vehicles
General Dynamics (NYSE: GD) has won a contract from the U.S. Marine Corps Systems Command (MCSC) worth $41.5 million to provide spare parts in support of RG-31 Mk5E vehicles under the Mine Resistant Ambush Protected (MRAP) vehicle program.
According to GD: “The parts will be used to support vehicles that are being manufactured under a delivery [...]
SAIC, CSC, General Dynamics “Most Admired” in VA
According to Fortune, Virginia-based GovCons SAIC (NYSE: SAIC), CSC (NYSE: CSC) and General Dynamics (NYSE: GD) were named to the list of “Most Admired” firms in the Old Dominion.
CACI and ManTech were listed by the publication as “contenders.”
Check out all of Virginia’s entries here.
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General Dynamics’ Charles Hall, John Schwartz to Retire, to be Replaced by David Heebner, Jason Aiken
General Dynamics (NYSE: GD) announced today that Charles M. Hall, executive vice president and group executive of the company’s Combat Systems group, will retire on May 1. Hall has been executive vice president since 2005, before which he was president of the company’s General Dynamics Land Systems subsidiary. He will be succeeded by David K. [...]
General Dynamics Announces Dividend Increase
The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of 42 cents per share on the company’s common stock, payable May 7, 2010, to shareholders of record on April 9. The dividend represents a 10.5 percent increase from the previous quarterly dividend of 38 cents per share.
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GD Claims Deal to Support Army Information, Communication
General Dynamics (NYSE: GD has wins a task order to support the U.S. Army’s Program Executive Office, Enterprise Information Systems (PEO EIS), Medical Communications for Combat Casualty Care (MC4) Product Management Office (PMO).
The task order has a value of $154 million over five years if all options are exercised.
General Dynamics will provide the full spectrum [...]
GD’s AxleTech Opens State-of-the-Art Facility in MI
AxleTech International, a General Dynamics (NYSE: GD) company, has started operations at a new state-of-the-art headquarters and distribution center in Troy, Mich., to meet the growing needs of its commercial and military customers around the world. Staffed by 40 professionals who fulfill aftermarket orders, the new facility allows AxleTech to process requirements more efficiently and [...]
General Dynamics Posts Strong Numbers for 2009
General Dynamics (NYSE: GD) reported 2009 fourth-quarter earnings from continuing operations of $618 million, ($1.58 per share on a fully diluted basis), compared to 2008 fourth-quarter earnings from continuing operations of $630 million, ($1.62 per share fully diluted.)
Full-year 2009 earnings from continuing operations were $2.41 billion, ($6.20 per share on a fully diluted basis) compared [...]
General Dynamics Claimes a Pair of Contracts
General Dynamics has won two separate valued at $118 million and $33 million, respectively.
The $118 million task order was awarded by the U.S. Navy to support Submarine modification efforts.
GD Electric Boat will continue their ongoing concept studies, engineering and design of a common missile compartment for the U.K. successor ballistic-missile submarine and the U.S. Ohio [...]
General Dynamics Earns $118M Contract Modification
General Dynamics Electric Boat has claimed a $118 million contract modification by the U.S. Navy to continue concept studies, engineering and design of a Common Missile Compartment for the UK’s Successor ballistic-missile submarine and the U.S.S. Ohio replacement submarine.
The award boosts a $76 million contract announced in December 2008 for engineering, technical services, concept studies [...]
