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General Dynamics Receives $62 Million Navy Award for Common Missile Compartment Development — Press Release

GROTON, Conn., Nov. 21, 2012 /PRNewswire/ — The U.S Navy has awarded General Dynamics Electric Boat a $61.7 million contract modification for the continued development of the Common Missile Compartment for the United Kingdom’s Successor ballistic-missile submarine and the U.S. Ohio replacement submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the modification, Electric Boat will procure, manufacture and test prototype material and equipment to be used in the production of the Common Missile Compartment.

The award modifies a contract announced in December 2008 for engineering, technical services, concept studies and design of a Common Missile Compartment for the next-generation ballistic missile submarines being developed for the Royal Navy and the U.S. Navy. If all options are exercised and funded, the overall contract would have a value of more than $776 million.

This work will engage Electric Boat’s engineering and design organization, which comprises more than 4,000 employees. Possessing proven technical capabilities, these employees work on all facets of the submarine life cycle from concept formulation and design through construction, maintenance and modernization, and eventually to inactivation and disposal.

More information about General Dynamics is available at www.generaldynamics.com.

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Two More F-35 Added to Most Recent Production Order

April 19, 2012 by · Comment
Filed under: Editorial 

The Department of Defense executed a contract modification with Lockheed Martin (LMT) this week to add 2 more F-35 Joint Strike Fighters (JSF) to the most recent production buy. This brings the total aircraft on the order to 32. This is consistent with last year’s quantity.

The total value of the modification was about $259 million. This is the fifth production buy.

The program is currently in low rate production while it continues testing and development of the different variants of the aircraft.

The F-35 continues to see cost growth for the total program as recent annual reductions in the buy quantities stretch out production and add billions to the cost. The program is also under fire as some of the foreign partners reconsider their total quantities and commitment to the most expensive defense program in the history of the world.

With this order almost 100 of the aircraft have been ordered out of a planned quantity of 3 to 4,000. Production is supposed to ramp up steadily with a goal of 130 aircraft a year by 2015.

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SAIC Winning Contracts for Physical Security

The United States military and government needs to protect a variety of sites in Afghanistan in Iraq. These include embassy facilities, administrative sites, airbases, forward posts as well as resupply points. They have heavily invested in physical security systems including traditional items such as fortifications, x-ray systems for vehicles, as well as more high tech surveillance systems. One company that has a foothold in that market is defense contractor SAIC (SAI).

SAIC has recently been awarded multiple contracts dealing with security both to provide it and to develop new systems and methods. These have not only been for use in overseas locations but also in the United States as the U.S. has also worked on enhancing the security of their facilities here.

Earlier this week the Army gave SAIC a contract modification to continue to provide maintenance and sustainment of vehicle and cargo inspection equipment. This is worth about $44 million and work will take place not only in the U.S. but also Afghanistan and Iraq.

The Army also awarded under an existing contract a modification to purchase two complete “outpost surveillance and force protection systems”. This is an $8 million contract and no locations of the installation sites were provided.

The Air Force also purchased physical security system from SAIC. This will be installed at Tinker Air Force Base in Oklahoma. SAIC is part of that service’s Electronic Systems Center’s Force Protection Security System (FPS2) contract. Under the award SAIC will also provide one years logistical support for the system.

Finally, a SAIC subsidiary, Science, Engineering and Technology Corporation (SET), a contract to purchase a portable system that could detect “suicide bombers” at a distance. That contract is worth over $48 million. The system detects potential bombers and then uses radar to analyze the target looking for returns that might indicate explosives. Over 40 of the systems have already been deployed.

The United States spends a great deal of money on protecting its personnel and assets. SAIC has obviously found work in that market sector. As long as the U.S. is involved overseas and there is a terrorist threat in the U.S. this kind of work will exist and funding will be available for these efforts. SAIC will continue to benefit from that.

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MDA Gives Boeing Contract Modification to Cover Delay in Awarding New Contract

The United States’ Missile Defense Agency (MDA) developed and deployed the Ground Based Missile Defense system over the last twenty years. This operates several interceptors in Alaska and utilizes sensors across the world. At one time it was to be expanded into Europe but the Obama Administration cancelled those plans and decided to invest in more ship based systems as well as shorter ranged Army programs.

Boeing (BA) has been the lead contractor on the program for most of its life. Once development and deployment was completed the company had a contract to maintain and operate the system. Last year MDA decided to put that contract out for renewal and bids were received from Boeing’s team and one made up of Raytheon (RTN) and Northrop Grumman (NOC).

The contract was supposed to have been awarded this summer but the MDA decided to delay the selection until early Fiscal Year 12. The contract is very large and both groups of bidders have worked hard to win it. Obviously Boeing as the incumbent does not want to lose this work.

Because of the delay in selecting a new vendor the MDA announced this week that they are awarding Boeing a contract modification to cover the delay. This is necessary as the system does need to be able to operate while the source selection continues. The value of the modification is almost $37 million and brings the total contract value to close to $700 million.

The U.S. will continue its investment into missile defense for the next several years. The current focus is on increasing the capability of the current AEGIS ship based system with newer radars and missiles. The Army has a version of the PATRIOT air defense missile and the larger THAAD system. The existing ground based system while it will not necessarily see the planned expansion will still be operated as well and the award of the support contract is eagerly awaited by the bidders.

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BAE Systems Improving Soldier Survivability with $62 Million Bradley Contract

April 20, 2011 by · Comment
Filed under: Syndicated Industry News 

ARLINGTON, Va.–(BUSINESS WIRE)–BAE Systems is helping to protect soldiers on the front line through a $62 million contract modification to provide energy absorbing seats, laser designation and other important survivability enhancements for the Bradley Fighting Vehicle, which is already one of the most survivable vehicles currently in battle. “While many of us will never experience the threat of an explosive device on our way to work, there are thousands of soldiers that encounter such threats



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General Dynamics Awarded $11 Million by U.S. Navy for Aegis Illuminators — Press Release

General Dynamics Awarded $11 Million by U.S. Navy for Aegis Illuminators

CHARLOTTE, N.C. – General Dynamics Armament and Technical Products was awarded an $11.2 million contract modification by the U.S. Navy for the continued production of MK82 directors and MK200 director controllers for Aegis Combat System illuminators. General Dynamics Armament and
Technical Products is a business unit of General Dynamics (NYSE: GD).

The MK 82 and MK 200 are critical components of the Aegis missile fire-control system’s illuminator. The Aegis Combat System is the most advanced tactical radar defense and fire-control system fielded by the Navy.

This award modifies a contract issued in September 2010 by the Naval Sea Systems Command. That contract was valued at $11.5 million, with a total potential value of $29.5 million if all options are exercised. Under these contracts, the MK82 directors and MK200 director controllers will be installed aboard ships built under the restart of the DDG 51 shipbuilding program.

“For more than 20 years of DDG 51-class production, General Dynamics Armament and Technical Products has produced and supported MK82 directors and the MK200 director controllers, so these critical components remain effective and affordable elements of the Aegis weapon system,” said Russ Klein, the company’s vice president and general manager of weapon systems.

Program management, assembly and testing of directors and director controllers will be performed at General Dynamics’ facilities in Vermont, which have approximately 430 employees. The delivery of all illuminator components will be completed by July 2013.

For more information about General Dynamics Armament and Technical Products, please visit www.gdatp.com. More information about General Dynamics is available online at www.generaldynamics.com.

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BAE Systems Awarded $41 Million Contract to Purchase Parts for Bradley Reset

February 23, 2011 by · Comment
Filed under: Syndicated Industry News 

YORK, Pa.–(BUSINESS WIRE)–BAE Systems was awarded a $41 million contract modification to finalize the procurement of situational awareness items required for the reset of 101 Bradley Operation Desert Storm Situational Awareness (ODS SA) vehicles. “The procurement of these situational awareness parts will provide our soldiers with a modernized vehicle that will help to protect them and aid in performing successful missions,” said Joe McCarthy, vice president and general manager of the Heavy Bri



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BAE Systems to Modernize Bradley Vehicles Through $47 Million Contract

February 2, 2011 by · Comment
Filed under: Syndicated Industry News 

YORK, Pa.–(BUSINESS WIRE)–BAE Systems recently received a $47 million contract modification to enhance 95 of its most survivable vehicle – Bradley – by replacing old and damaged components with updated equipment and technology. “As the mission and combat environments for our soldiers are changing, we are working to provide a modernized Bradley Fighting Vehicle that continues to perform at an optimal level, providing increased survivability and enhanced situational awareness components,” said J



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BAE Systems to Provide Bradley Engineering Upgrades Under $34 Million Contract with U.S. Army

January 4, 2011 by · Comment
Filed under: Syndicated Industry News 

SANTA CLARA, Calif.–(BUSINESS WIRE)–BAE Systems has received a $34 million contract modification in support of engineering enhancements and technological updates for the Bradley Fighting Vehicle, one of the strongest vehicles in the Army in providing protection and safety to soldiers. “This work demonstrates the importance of supporting life cycle management and why we significantly invest in our Readiness and Sustainment capabilities,” said Joe McCarthy, vice president and general manager of



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Rolls-Royce Awarded $89 Million MissionCare Contract for U.S. Navy T-45 Trainer Engine Support

December 16, 2010 by · Comment
Filed under: Syndicated Industry News 

INDIANAPOLIS–(BUSINESS WIRE)–Rolls-Royce, the global power systems company, has been awarded an $89 million MissionCare™ contract by the U.S. Department of Defense Naval Air Systems Command at Patuxent River to provide support for the F405 (Adour) engines that power the U.S. Navy’s T-45 training aircraft. This contract modification exercises the second option year to provide guaranteed engine availability, which includes support ranging from on-wing through intermediate and depot level mainten



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BAE Systems to Repair Enhanced Small Arms Protective Inserts Under $6.3 Million Award

December 15, 2010 by · Comment
Filed under: Syndicated Industry News 

PHOENIX–(BUSINESS WIRE)–BAE Systems will inspect and repair Enhanced Small Arms Protective Insert (ESAPI) plates for U.S. Army soldiers under a Readiness and Sustainment contract modification valued at $6.3 million from the U.S. Army PEO Soldier. The Readiness and Sustainment work will include inspecting ESAPI plates returning from theater for damage and replacing the outside spall covers, which are used to contain debris upon impact. Upon completion of the scope of work, the plates will be re



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BAE Systems to Extend Use of 552 U.S. Army Bradley Vehicles Through $91 Million Program

October 25, 2010 by · Comment
Filed under: Syndicated Industry News 

YORK, Pa.–(BUSINESS WIRE)–BAE Systems will extend the lives of 552 Bradley Fighting Vehicles by replacing old and damaged components under a $91 million contract modification from the U.S. Army TACOM Life Cycle Management Command. “Bradley Combat Systems continues to serve at the forefront of U.S. Army operations around the world,” said Joe McCarthy, vice president of the Heavy Brigade Combat Team at BAE Systems. “The Readiness and Sustainment support we provide to and for our customers throug



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BAE Systems Receives Contract for Modifications to Vehicle Emergency Escape Window

September 20, 2010 by · Comment
Filed under: Syndicated Industry News 

MINNEAPOLIS–(BUSINESS WIRE)–BAE Systems received a contract modification for up to $70 million to supply Vehicle Emergency Escape (VEE) Windows for new production M1151 High Mobility Multipurpose Wheeled Vehicles (HMMWV). “The safety of our men and women in uniform is one of our top priorities and the installation of the VEE Window kit on the vehicles they operate is another way that we strive to keep them safe,” said Robert Houston, vice president and general manager of Readiness & Sustai



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CSC Awarded $28 Million Contract Modification to Increase Simulation-Based Aviation Training For U.S. Army

August 6, 2010 by · Comment
Filed under: Syndicated Industry News 

FALLS CHURCH, Va.–(BUSINESS WIRE)–CSC announced today that it was awarded a $28 million modification to its Flight School XXI contract for an increase in simulator-based flight and related aviation training support.



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General Dynamics Awarded $52 Million for Maintenance Work on USS New Mexico

General Dynamics Awarded $52 Million for Maintenance Work on USS New Mexico
July 2, 2010

GROTON, Conn., -General Dynamics Electric Boat has been awarded a $51.8 million contract modification by the U.S. Navy to plan and perform the post-shakedown availability (PSA) on the nuclear submarine USS New Mexico (SSN-779). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The PSA, which will comprise maintenance, repairs, alterations and testing, will be performed in Groton and is expected to begin this month. Up to 450 employees will be engaged in the work, which is scheduled for completion by July 2011.

USS New Mexico is the sixth ship of the Virginia Class of submarines. Electric Boat and its construction teammate, Northrop Grumman Shipbuilding, have received contracts to produce a total of 18 Virginia-class submarines. Thirty ships are planned altogether.

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General Dynamics Awarded $52 Million for Maintenance Work on USS New Mexico — Press Release

July 4, 2010 by · Comment
Filed under: Editorial 

General Dynamics Awarded $52 Million for Maintenance Work on USS New Mexico

GROTON, Conn., July 2 /PRNewswire-FirstCall/ — General Dynamics Electric Boat has been awarded a $51.8 million contract modification by the U.S. Navy to plan and perform the post-shakedown availability (PSA) on the nuclear submarine USS New Mexico (SSN-779). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD) .

The PSA, which will comprise maintenance, repairs, alterations and testing, will be performed in Groton and is expected to begin this month. Up to 450 employees will be engaged in the work, which is scheduled for completion by July 2011.

USS New Mexico is the sixth ship of the Virginia Class of submarines. Electric Boat and its construction teammate, Northrop Grumman Shipbuilding, have received contracts to produce a total of 18 Virginia-class submarines. Thirty ships are planned altogether.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 91,200 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at www.generaldynamics.com.

Source: General Dynamics Electric Boat

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General Dynamics Receives $6 Million Navy Award for Common Missile Compartment Work

General Dynamics Receives $6 Million Navy Award for Common Missile Compartment Work
May 6, 2010 12:04 PM

GROTON, Conn., --The U.S. Navy has awarded General Dynamics Electric Boat a $6.4 million contract modification to design special tooling for the Common Missile Compartment under development for the United Kingdom's Successor ballistic-missile submarine and the U.S. Ohio replacement submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The award modifies a $76 million contract announced in December 2008 for engineering, technical services, concept studies and design of a Common Missile Compartment for the next-generation ballistic missile submarines being developed for the Royal Navy and the U.S. Navy.

If all options are exercised and funded the overall contract would have a value of more than $638 million.

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Bath Iron Works Awarded $16 Million for DDG 1001 Advanced Material Procurement and Support

Bath Iron Works Awarded $16 Million for DDG 1001 Advanced Material Procurement and Support
April 21, 2010 10:03 AM

BATH, Maine, –The U. S. Navy has awarded Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), a $15.9 million modification to a previously awarded contract for procurement of long-lead material and engineering, production and related support services associated with the construction of DDG 1001. The original contract was awarded in February 2008. Work encompassed by this modification is expected to be completed by July 2010.

Jeff Geiger, president of Bath Iron Works, said, “The Navy’s execution of this contract modification is a sign of their confidence in what we are doing and the progress that we are making on the DDG 1000 program.”

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Navy Awards General Dynamics $10M For Sub Maintenance and Modernization Work

Navy Awards General Dynamics $10M For Sub Maintenance and Modernization Work
April 14, 2010 11:02 AM

GROTON, Conn., --GROTON, Conn. --The U.S. Navy has awarded General Dynamics Electric Boat a $10.2 million contract modification to perform maintenance and modernization work on the USS Miami (SSN-755), a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the terms of the contract, Electric Boat will perform a Docking Continuous Maintenance Availability, which consists of repairs, maintenance work, alterations and testing. The work will take place at Electric Boat's Groton shipyardand involve more than 200 employees at its peak. Scheduled for completion by August 2010, the contract will be worth $12.2 million if all options are exercised and funded.

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General Dynamics Receives $37 Million for USS Hartford Repair Work

General Dynamics Receives $37 Million for USS Hartford Repair Work
April 6, 2010 10:16 AM

GROTON, Conn., --The U.S. Navy has awarded General Dynamics Electric Boat a $36.6 million contract modification for repair work on USS Hartford (SSN-768), a Los Angeles-class submarine damaged in a collision in March 2009. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the modification, Electric Boat will continue work on the complete restoration of USS Hartford, including fabrication and installation of a hull patch, bridge-access trunk, port retractable bow plane and the sail. In addition, Electric Boat will perform selected maintenance work on the submarine. If all options are exercised and funded, the total value of the contract will be $86.9 million.

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General Dynamics Awarded $22 Million by U.S. Navy for Repair Work on USS Hartford

General Dynamics Awarded $22 Million by U.S. Navy for Repair Work on USS Hartford
July 9, 2009 10:00:00 AM

GROTON, Conn., -- General Dynamics Electric Boat has been awarded a $21.6 million contract modification by the U.S. Navy to perform material procurement and repair work on USS Hartford (SSN-768), a Los Angeles-class attack submarine damaged in a collision March 20. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under the modification, Electric Boat will perform off-hull fabrication of the port retractable bow plane as well as material procurement and off-hull fabrication of the sail to restore USS Hartford to full-service condition. Work is expected to be completed by January 2010. The contract initially was awarded May 21; with this modification, the total value is now $37.4
million.

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General Dynamics Awarded $26 Million by U.S. Navy for Common Missile Compartment Work

February 17, 2010 by · Comment
Filed under: General Dynamics, Syndicated Industry News 
General Dynamics Awarded $26 Million by U.S. Navy for Common Missile Compartment Work
February 17, 2010 3:16:50 PM

GROTON, Conn., -- General Dynamics Electric Boat has been awarded a $26.3 million contract modification by the U.S. Navy to continue procurement of prototype material as well as manufacturing and testing activities for the Common Missile Compartment, which is under development for the U.S. Ohio-class replacement submarine and for the United Kingdom's Successor ballistic-missile submarine. Electric
Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The award modifies a $76 million contract announced in December 2008 for engineering, technical services, concept studies and design of a Common Missile Compartment for the next-generation ballistic missile submarines being developed for the Royal Navy and the U.S. Navy.

If all options are exercised and funded, the overall contract would have a value of more than $630 million.

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U.S. Army To Buy More Cargo Parachutes

BRS Aerospace a part of Ballistic Recovery Services Inc. (BRS) received a contract modification from the U.S. Army to increase its production of cargo parachutes. The $8 M contract will require almost a fifty percent increase in production. The company will have to significantly expand its workforce at its two plants.

Due to conditions in Afghanistan the U.S. military often carries out air drops of supplies and equipment. This means that the stock of parachutes has been used up over the last nine years. This contract will probably replenish stocks while allowing continued resupply missions

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General Dynamics Awarded $24 Million to Plan Maintenance Work on USS New Hampshire

January 29, 2010 by · Comment
Filed under: Syndicated Industry News 
General Dynamics Awarded $24 Million to Plan Maintenance Work on USS New Hampshire
January 29, 2010 10:32:59 AM

GROTON, Conn., Jan 29, 2010 -- General Dynamics Electric Boat has been awarded a $23.7 million contract modification by the U.S. Navy to prepare for the post-shakedown availability (PSA) on the nuclear submarine New Hampshire (SSN-778). Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
The PSA, which will comprise maintenance, repairs, alterations and testing, will be performed in Groton and is expected to begin in February. Up to 800 employees will be engaged in the work, which is scheduled for completion in September 2010.

New Hampshire, the fifth ship of the Virginia Class, was delivered to the Navy in August 2008. Electric Boat and its construction teammate, Northrop Grumman Shipbuilding, have received contracts to produce a total of 18 Virginia-class submarines. Thirty ships are planned altogether.

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General Dynamics Awarded $118 Million by U.S. Navy for Common Missile Compartment Work — Press Release

General Dynamics Awarded $118 Million by U.S. Navy for Common Missile Compartment Work

GROTON, Conn., Jan. 22 /PRNewswire-FirstCall/ — General Dynamics Electric Boat has been awarded a $118 million contract modification by the U.S. Navy to continue concept studies, engineering and design of a Common Missile Compartment for the United Kingdom’s Successor ballistic-missile submarine and the U.S. Ohio replacement submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE:GD) .

The award modifies a $76 million contract announced in December 2008 for engineering, technical services, concept studies and design of a Common Missile Compartment for the next-generation ballistic missile submarines under development for the Royal Navy and the U.S. Navy.

If all options are exercised and funded, the overall contract would have a value of more than $600 million.

General Dynamics, headquartered in Falls Church, Va., employs approximately 92,300 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about General Dynamics is available online at www.generaldynamics.com.

Source: General Dynamics Electric Boat

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