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 HartfordJuly 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.
Technorati Tags:
Contract win, Electric Boat, General Dynamics (NYSE:GD), SSN Los Angeles
EADS-NA Says Not Comfortable Priming KC-X Contract
Filed under: Alabama, EADS, General Dynamics, KC-X, KC-X Tanker News, Lockheed Martin, Northrop Grumman Corp., Raytheon, Syndicated Industry News
Aviation Week is reporting that EADS-North America felt it needed an partner on the KC-X contract as it was not comfortable being the prime for such a large effort. While EADS has experienced some decent growth in the U.S. it still has a fairly lean organization.
The company was confident that they could provide to Northrop the basic airframes on cost and schedule. Northrop would have then been responsible for the necessary military modifications. EADS would have had to find a partner in General Dynamics, Raytheon or Lockheed Martin. There would be few large contractors available in the U.S. with the past experience to support a contract of this size.
General Dynamics Awarded $41 Million for RG-31 MRAP Spare Parts
General Dynamics Awarded $41 Million for RG-31 MRAP Spare PartsMarch 8, 2010 2:31:14 PM
LONDON, Ontario, -- U.S. Marine Corps Systems Command (MCSC) has awarded General Dynamics Land Systems-Canada a USD$41.5 million delivery order modification for spare parts in support of RG-31 Mk5E vehicles under the Mine Resistant Ambush Protected (MRAP) vehicle program. General Dynamics Land Systems, the Canadian company's parent corporation, is a business unit of General Dynamics (NYSE: GD).
These parts will be used to support vehicles that are being manufactured under a delivery order awarded to General Dynamics Land Systems-Canada on February 17, 2010, for 250 RG-31 Mk5E vehicles for the MRAP program. In total, 1,652 RG-31 vehicles have been ordered under the MRAP program.
The contract was signed through the Canadian Commercial Corporation, a Crown Agency of the Canadian Government.
General Dynamics Land Systems-Canada, located in London, Ontario, Canada, is a business unit of General Dynamics Land Systems of Sterling Heights, Michigan. For over 30 years, more than 2000 highly skilled technical employees have designed, manufactured, delivered and supported to global customers a unique family of light armoured vehicles (LAV).
Technorati Tags:
Contract win, General Dynamics (NYSE:GD), Land Systems, USMC (US Marine Corps)
General Dynamics Board Increases Dividend
General Dynamics Board Increases Dividend
March 3, 2010 3:46:14 PM
FALLS CHURCH, Va., — 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.
Technorati Tags:
Financial Results, General Dynamics (NYSE:GD)
General Dynamics NASSCO Awarded $825 Million Contract for T-AKE Ship Construction
General Dynamics NASSCO Awarded $825 Million Contract for T-AKE Ship ConstructionMarch 1, 2010 2:34:21 PM
SAN DIEGO, -- General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics (NYSE: GD), has been awarded an $824.6 million contract from the U.S. Navy for the construction of two T-AKE dry cargo-ammunition ships. Announced by the Department of Defense on February 26, the contract provides full funding to NASSCO for the construction of T-AKE 13, the future USNS Medgar Evers, and T-AKE 14, the unnamed final ship of the Lewis and Clark class. In December 2008, NASSCO received a $200 million contract to purchase the engines and other long lead materials for these ships. Construction of T-AKE 13 and 14 is scheduled to begin in the second and fourth quarters of 2010, respectively. NASSCO expects to deliver both ships to the Navy's Military Sealift Command in 2012.
General Dynamics NASSCO employs more than 4,300 people and is the only full-service ship construction and repair yard on the West Coast of the United States. The shipyard delivered its ninth T-AKE ship on February 24 and is currently building the tenth through twelfth ships of the class.
Technorati Tags:
Contract $500m+, Contract Win, General Dynamics (NYSE:GD), Naval Systems
General Dynamics Awarded USD$29 Million for RG-31 MRAP Independent Suspension Kits
Filed under: Canada, General Dynamics, Syndicated Industry News
February 19, 2010 1:30:48 PM
LONDON, Ontario, -- U.S. Marine Corps Systems Command (MCSC) has awarded General Dynamics Land Systems-Canada a USD$29.2 million delivery order to supply 127 independent suspension kits for its Mine Resistant Ambush Protected (MRAP) vehicle program. General Dynamics Land Systems, the Canadian company's parent corporation, is a business unit of General Dynamics (NYSE: GD).
The TAK-4 independent suspensions, produced by Oshkosh, will be installed in-theatre on to previously delivered RG-31Mk5EM vehicles to enhance their ride quality and robustness.
The contract was signed through the Canadian Commercial Corporation, a Crown Agency of the Canadian Government.
Technorati Tags:
Canada, Contract $30m, Contract Win, General Dynamics (NYSE:GD), Land Systems, MRAP program, USMC (US Marine Corps)
General Dynamics Awarded $26 Million by U.S. Navy for Common Missile Compartment Work
Filed under: General Dynamics, Syndicated Industry News
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.
Technorati Tags:
Contract $30m, Contract Win, Electric Boat, General Dynamics (NYSE:GD), Nuclear deterrent
U.S. Army Buys More Styker Support From General Dynamics
Filed under: Business Line, Canada, Companies, Contract Awards, Countries, Events, General Dynamics, Services, U.S. Army, logistics, production program
The Stryker Interim Combat Vehicle is a wheeled, armored system that was bought to fill in the gap from the transition to the Future Combat System (FCS) from the heavy combat team of the 1980’s based around the M1 and M2. FCS has now been canceled due to its being over cost and behind schedule. The Army is starting a new program to build on the remnants of FCS and find a new vehicle. The Stryker has seen good service in Iraq and Afghanistan. It is made by General Dynamics (GD) and is based on a Swiss system developed for the Canadian military.
The U.S. Army announced yesterday that they had awarded GD a contract for logistics support for the system. Mainly to be carried out at the Anniston Army Depot in Anniston, AL the contract has a value of over $250 million. Under the contract General Dynamics will include parts ordering, storage and distribution as wellas maintenance services.
General Dynamics to Webcast Investor Presentation
Filed under: General Dynamics, Syndicated Industry News
February 9, 2010 3:22:55 PM
GENERAL DYNAMICS
FALLS CHURCH, Va., Feb 09, 2010 -- General Dynamics (NYSE: GD) President and Chief Executive Officer Jay L. Johnson will participate in the Cowen and Company Aerospace/Defense Conference from the company's headquarters on Wednesday, February 10, at 8:55 a.m. The presentation will be webcast, and will be viewable from a link at www.generaldynamics.com. The company announced earlier that it had cancelled plans to participate in the conference due to the severe weather that is forecast for New York and Virginia.
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Financial Results, General Dynamics (NYSE:GD)
Inclement Weather Forces General Dynamics to Cancel Appearance at Investor Conference
Filed under: General Dynamics, Syndicated Industry News
Investor Conference
February 9, 2010 10:16:55 AM
FALLS CHURCH, Va., Feb 09, 2010 -- General Dynamics (NYSE: GD) has cancelled plans to participate in the Cowen and Company Aerospace/Defense Conference scheduled for Wednesday, February 10, in New York, due to the severe weather that has been forecast for the New York and northern Virginia regions. Company President and Chief Executive Officer Jay L. Johnson had been scheduled to speak.
Technorati Tags:
General Dynamics (NYSE:GD)
General Dynamics President and CEO Johnson to Speak at Investor Conference General Dynamics President and CEO Johnson to Speak at Investor Conference
Filed under: General Dynamics, Syndicated Industry News
February 4, 2010 9:05:28 AM
FALLS CHURCH, Va., Feb 04, 2010 -- General Dynamics (NYSE: GD) President and Chief Executive Officer Jay L. Johnson will speak at the Cowen and Company Aerospace/Defense Conference in New York on Wednesday, February 10th, at 8:55 a.m. ET.
General Dynamics will provide a live webcast of the presentation via
www.generaldynamics.com. A replay will be available after the live
presentation.
Technorati Tags:
Financial Results, General Dynamics (NYSE:GD)
General Dynamics Awarded $24 Million to Plan Maintenance Work on USS New Hampshire
General Dynamics Awarded $24 Million to Plan Maintenance Work on USS New HampshireJanuary 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.
Technorati Tags:
Contract $20m, Electric Boat, General Dynamics (NYSE:GD), US Navy (USN), USS New Hampshire (SSN 778), Virginia Class SSN
General Dynamics Awarded $118 Million by U.S. Navy for Common Missile Compartment Work — Press Release
Filed under: Business Line, Companies, Events, General Dynamics, Press Releases, production program
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
First Littoral Combat Ship (LCS) Commissioned
Filed under: Business Line, Companies, Events, General Dynamics, Northrop Grumman Corp., Services, U.S. Navy, development program, production program
02/08/10 — The post was updated to make clear that LCS-1 is under construction by Lockheed Martin and not Northrop Grumman as previously stated. Your humble editor got confused.
In the last week the U.S. Navy commissioned the General Dynamics built U.S.S. Independence (LCS-2). LCS-1 is under construction by Lockheed Martin. The original plan for the class was to have each company build about half. The two designs are completely different to say the least with GD building a tri-marine hull and Northrop a more traditional one. Both ships are outfitted the same with weapons and sensors. The U.S.S. Freedom (LCS-1) and the Independence are ships around 400 feet long and displacing about 3,000 tons.
If all goes well the Navy will build up to 55 of the ships. The most recent plan discussed was after completion of these two and one more to each design that a new contract will be competed and only one design will be built. Both ships have suffered from cost and schedule overruns and the optimistic initial cost assumptions were not met leading to the program restructure. If the plan is executed these ships and the new destroyer will be the main force of the U.S. Navy after 2020.
General Dynamics AMSEA Awarded $27 Million Contract by Military Sealift Command — Press Release
Filed under: Business Line, Companies, Events, General Dynamics, Press Releases, logistics
General Dynamics AMSEA Awarded $27 Million Contract by Military Sealift Command
QUINCY, Mass., Jan. 18 /PRNewswire-FirstCall/ — General Dynamics American Overseas Marine (AMSEA) has been awarded a $27.2 million operations and maintenance services contract by the U.S. Navy’s Military Sealift Command (MSC).
Through this contract, General Dynamics will provide full-service operations and maintenance for seven Navy Large, Medium-Speed, Roll-On/Roll-Off (LMSR) vessels. Services will include crewing, engineering, maintenance, procurement and provisioning.
“AMSEA has successfully operated the vessels in this program for the last five years and looks forward to continuing our superior service for our customer under this new contract,” said Captain Thomas Merrell, president of General Dynamics, American Overseas Marine.
MSC’s LMSR program significantly enhances the U.S. sealift capability for the new millennium. LMSRs have been the primary movers of U.S. military equipment during Operation Enduring Freedom and Operation Iraqi Freedom. Each LMSR can carry an entire U.S. Army Task Force, including 58 tanks and 48 other tracked vehicles, as well as more than 900 trucks and other wheeled vehicles. The LMSRs are each crewed by approximately 30 civilian mariners.
As a full service ship operator for more than 25 years, General Dynamics, American Overseas Marine provides complete marine operations, engineering and professional services to customers in the government and commercial sectors. The company is part of the Marine Systems group of General Dynamics (NYSE: GD) . More information about General Dynamics American Overseas Marine is available at www.gdamsea.com.
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.gd.com.
Source: General Dynamics American Overseas Marine
CONTACT: Kevin Kimball of General Dynamics American Overseas Marine,
+1-617-376-8450, Fax: +1-617-472-4925, kkimball@gdamsea.com
Web Site: http://www.gdamsea.com/
Stryker Support For General Dynamics
Filed under: Business Line, Companies, Contract Awards, Events, General Dynamics, Services, U.S. Army, logistics, production program
The Styker Interim Combat Vehicle is a wheeled armored vehicle used by the U.S. Army. It originally was supposed to fill in as the Future Combat System (FCS) vehicles were developed and entered service. The FCS has been canceled but the Stryker soldiers on in Iraq and Afghanistan. It trades armor for speed and maneuverability although they have proven robust in Iraq. Various payloads and weapon packages can be integrated onto the Stryker which is manufactured by General Dynamics (GD) based on a vehicle originally purchased for use by the Canadian military.
It was announced yesterday that GD was awarded contracts to provide armor kits and maintenance and repair for Strykers. The contracts have a value of over $100 million. The Stryker originally was serviced through Contractor Logistics Support (CLS) but the Army has done some transition to organic support as the Stryker has faced combat. This is fairly standard for the manufacturer to provide depot and higher level repair for U.S. military systems. Since the FCS is transitioning to the Brigade Combat Team Modernization program it will probably mean longer use of the Stryker and perhaps more investment in them as the U.S. Army moves away from the heavy armor force of M1 and M2 vehicles.
General Dynamics Awarded $198 Million to Build 140 Iraqi Tanks
General Dynamics Awarded $198 Million to Build 140 Iraqi TanksJanuary 4, 2010
STERLING HEIGHTS, Mich., Jan 04, 2010
The U.S. Army Tank and Automotive Command has awarded General Dynamics
Land Systems, a business unit of General Dynamics (NYSE: GD), a contract
worth $198 million to build 140 M1A1 SA (Situational Awareness) tanks for Iraq.
The SA enhancements to the M1A1 for Iraq include a second-generation
forward-looking infrared (FLIR) thermal sight, a driver's vision-enhancer thermal viewer and Tank Urban Survivability Kit (TUSK) improvements, which provide better crew protection in urban warfare environments. In addition, engines developed through the Army's Total Integrated Engine Revitalization (TIGER) program will be installed and pulse-jet filter cleaning systems added to improve performance while reducing maintenance requirements and costs.
Work will be performed in Lima, Ohio; Scranton, Pa.; Anniston, Ala.; and
Tallahassee, Fla. The completion date for the contract is May 31, 2011.
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.
Technorati Tags:
Contract $200m+, Contract Win, General Dynamics (NYSE:GD), Iraq, M-1 Abrams MBT
DDG-51 Construction To Continue By Northrop Grumman
Filed under: Business Line, Companies, Contract Awards, Department of Defense, Events, General Dynamics, Northrop Grumman Corp., Services, U.S. Navy, production program
Due to the restructuring of the plans for the new U.S. Navy destroyer program the U.S. Department of Defense decided to continue building the DDG-51 Arliegh Burke Class ships. Originally this ship was to end its production as more DDG-1000 were ordered and delivered. The Obama Administration and Secretary of Defense Gates decided to cut back on the plans as the program was running late and over budget. To make up for these changes it was decided to keep building DDG-51 class ships.
These ships are made by either Northrop Grumman or General Dynamics at their respective yards. Northrop Grumman received recently a contract to provide long lead materials for the next ship they will build, DDG-113. The contract has a value of over $100 million. The Arliegh Burke’s have been in service now for almost two decades and the DDG-1000 would have been larger, more stealthy and with newer systems. The DDG-51 are certainly capable and have been upgraded as time has passed.
A-12 Going To The Supreme Court As Boeing And General Dynamics Face Last Option
Boeing and General Dynamics lost another appeal on the A-12 military contract case. The two companies and the Federal Government have been going...General Dynamics Going Where The Money Is With Health Care
General Dynamics is releasing a new suite of software tools to help identify and prevent health care fraud. With the proposed expansion of the...General Dynamics Positive For 2009
General Dynamics saw a decline in earnings during the most recent quarter. Overall the company remains positive for 2009. Unlike some of the...General Dynamics Wins Contract To Revive Land Warrior
The Army awarded General Dynamics a contract to provide support to the existing Land Warrior equipment. This program of building an integrated...Army Buys More Strykers From General Dynamics
Filed under: Business Line, Canada, Companies, Congress, Contract Awards, Countries, Department of Defense, Events, General Dynamics, Services, U.S. Army, logistics, production program
The U.S. Army awarded General Dynamics a contract to build a further 352 Stryker vehicles. The total contract has a value of over $640 million. The Styrker wheeled vehicle is made in several variants from a basic troop carrying one to others with different weapons such as mortars, anti-tank missiles and even a large gun.
The Stryker initially was intended to be the bridge vehicle between the current heavy brigades and the upcoming Future Combat Systems (FCS) which was based on wheeled vehicles as well. FCS has been canceled by the Obama Administration but the number of Stryker equipped brigades is planned to increase. The vehicle has been deployed to Iraq and operated fairly successfully. General Dynamics has built almost three thousand of the vehicles. They are based on systems originally developed and built for the Canadian military.
Army orders chemical detectors for Stryker
CHARLOTTE, N.C., Oct. 6 (UPI) -- The U.S. Army ordered chemical agent detectors for its Stryker reconnaissance vehicles from General Dynamics' Armament and Technical Products division.
General Dynamics eyes Abrams updates
STERLING HEIGHTS, Mich., Oct. 2 (UPI) -- The U.S. Army contracted General Dynamics Land Systems for technical support and lifecycle management for the M1 Abrams tank.
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