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February 5, 2014
10:01 EDTGDGeneral Dynamics awarded $520M contract modification by U.S. Navy
The U.S. Navy has awarded General Dynamics Electric Boat a $520M contract modification to buy long lead-time material for four Virginia-class submarines, SSN-794, SSN-795, SSN-796 and SSN-797. The contract provides funding for steam and electrical-plant components, main propulsion unit and ship-service turbine generator sets, as well as miscellaneous hull, mechanical and electrical-systems components to support construction of the submarines. With this modification, the contract has a value of $1.2B. It was awarded initially in April 2012.
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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