Hello, Guest!
  • Friday, November 22, 2024

General Dynamics Subsidiary Lands $612M USAF Executive Aircraft Engineering Contract

A subsidiary of General Dynamics (NYSE: GD) will engineer the C-20/C-37 fleet of airplanes used to transport high-ranking Department of Defense and government officials under a potential 10-year, $612 million contract.

The firm-fixed-price contract calls for Gulfstream Aerospace to provide recurring engineering and data support for the executive aircraft through Jan. 31, 2031, the Department of Defense said Thursday.

USAF is obligating $10.9 million at the time of award from its fiscal 2021 operation and maintenance funds.

Gulfstream will perform contract work for USAF, the Army, the Navy, the Marines Corps and the Coast Guard at various military installations located in the U.S., Italy and Germany.

The C-37’s A and B models are built upon the Gulfstream V and 550 airframes and designed for intercontinental flights at an altitude of up to 51,000 feet, according to USAF.

Video of the Day

Related Articles

RTX Books $344M Standard Missile Production Contract Contract Awards

RTX Books $344M Standard Missile Production Contract

Raytheon, a subsidiary of RTX (NYSE: RTX), has received a $344 million contract to build and deliver two Standard Missile variants with a common guidance section to U.S. and international military customers. The company said Thursday it will produce the SM-2 Block IIICU and SM-6 Block IU missiles on a common production line for the

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted M&A Activity

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted

VTG has moved to expand its portfolio of digital transformation platforms and cloud services for defense and intelligence community customers through its acquisition of Vana Solutions. Vana Solutions is a Dayton, Ohio-based company founded by Srujal Sheth and Sunit Sheth in 2005 and is focused on delivering cloud services, advanced analytics, data fabric platforms and

Kristen McLeod Promoted to Calibre Systems EVP, CFO Executive Moves

Kristen McLeod Promoted to Calibre Systems EVP, CFO

Kristen McLeod, most recently senior vice president of finance and accounting and controller at Calibre Systems, has assumed the roles of executive VP and chief financial officer at the Alexandria, Virginia-based management consulting and digital transformation company. In this capacity, she will serve as a corporate officer and fiscal strategist and continue to offer insights