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News Breaks
January 15, 2014
10:01 EDTGDGeneral Dynamics awarded $15M for support services at Groton Submarine Base
The U.S. Navy has awarded General Dynamics Electric Boat a $15M contract modification to perform non-nuclear maintenance work for submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics. With this modification, Electric Boat will continue operating the New England Maintenance Manpower Initiative at the submarine base. Under the terms of the contract, Electric Boat will provide a wide range of overhaul, repair and modernization services in support of nuclear submarines, floating dry-docks, support and service craft and other platforms and equipment at the submarine base. About 270 Electric Boat employees are engaged in the work. This contract was first awarded in December 2012 and has a potential value of $222.3M over five years.
News For GD From The Last 14 Days
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November 26, 2014
11:41 EDTGDCubic soars after results beat estimates, dividend raised
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November 24, 2014
10:01 EDTGDSmith & Wesson, General Dynamics partner on modular handgun system
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09:19 EDTGDDefense Secretary Hagel said to be stepping down, NY Times reports
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November 21, 2014
05:53 EDTGDLockheed Martin upgraded to Neutral from Sell at UBS
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November 20, 2014
08:06 EDTGDKaman announces agreement with General Dynamics Canada
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November 19, 2014
10:01 EDTGDGeneral Dynamics partners with Advanced Material Engineering
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November 13, 2014
10:36 EDTGDGeneral Dynamics Canada awarded two contracts on Mercury Global Project
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10:02 EDTGDGeneral Dynamics Land Systems-Canada awarded C$287M contract from Canada
The Government of Canada has awarded a C$287M contract to General Dynamics Land Systems-Canada for the provision and integration of an enhanced surveillance suite on to Canadian LAV III Upgrade vehicles, known as LAV 6.0. The upgraded surveillance system will include a 10-meter retractable mast, an Operator Control Station and a surveillance suite inclusive of radar, thermal/day and image intensification sights, laser range finder and GPS mounted on a stabilized platform. These enhancements will allow for superior detection ranges, on-the-move operation, integrated silent watch power management and the transmission of images through the communications system. Deliveries of LAV 6.0 vehicles equipped with the upgraded surveillance suite will commence in December 2016.

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