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May 15, 2014
10:01 EDTGDGeneral Dynamics awarded $63M task order by U.S. Army Contracting Command
General Dynamics Information Technology, a business unit of General Dynamics, has been awarded a task order by the U.S. Army Contracting Command-Rock Island to develop, implement and maintain the Armed Forces Billing and Collection Utilization Solution. The new system will enable the U.S. Army Medical Command, U.S. Navy Bureau of Medicine and Surgery and U.S. Air Force Medical Service to better identify, process and collect other health insurance. This task order has a value of $63M over five years, if all options are exercised. Under this contract, General Dynamics will provide software-as-a-service using a cloud hosting solution to generate medical claims, pharmacy claims, invoices and governmental billing forms automating, consolidating and centralizing the tasks of three disparate systems and replacing legacy systems. The company will deploy ABACUS into 136 military medical treatment facilities around the globe. Work will be performed primarily in Herndon, Va., with implementation support at customer locations worldwide.
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November 24, 2015
18:09 EDTGDGeneral Dynamics Electric Boat awarded $102.88M government contract modification
Electric Boat is being awarded a $102.88M modification to previously awarded contract N00024-10-C-2118 for additional lead yard services and development studies and design efforts related to Virginia-class submarines. The services will maintain, update, and support the Virginia-class design and related drawings and data for each Virginia-class submarine, including technology insertion, throughout its construction and post shakedown availability period. The contractor will also provide all engineering and related lead yard services necessary for direct maintenance and support of Virginia-class ship specifications. In addition, the contract provides development studies and design efforts related to the Virginia-class submarine design and design improvements, preliminary and detail component and system design, integration of system engineering, design engineering, test engineering, logistics engineering, and production engineering. The contractor will continue development studies and design efforts related to components and systems to accomplish research and development tasks and prototypes and engineering development models required to fully evaluate new technologies to be inserted in succeeding Virginia-class submarines. Work is expected to be completed by April 2016. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity.
November 19, 2015
10:00 EDTGDOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Dick's Sporting (DKS) upgraded to Buy from Neutral at Monness Crespi... Fairchild (FCS) upgraded to Neutral from Underperform at Credit Suisse... Fiesta Restaurant (FRGI) upgraded to Strong Buy from Outperform at Raymond James... General Dynamics (GD) upgraded to Buy from Hold at Argus... Genomic Health (GHDX) upgraded to Outperform from Market Perform at Cowen... National Grid (NGG) upgraded to Outperform from Sector Perform at RBC Capital... ON Semiconductor (ON) upgraded to Buy from Neutral at Citi... Papa John's (PZZA) upgraded to Buy from Neutral at Sidoti... QEP Resources (QEP) upgraded to Buy from Neutral at Goldman... Seagate (STX) upgraded to Buy on selloff, dividend yield at Craig-Hallum... Sunoco (SUN) upgraded to Outperform at Credit Suisse... Tetraphase (TTPH) upgraded to Buy from Neutral at SunTrust... Wendy's (WEN) upgraded to Conviction Buy from Neutral at Goldman.
07:49 EDTGDGeneral Dynamics upgraded to Buy from Hold at Argus
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November 12, 2015
10:02 EDTGDGeneral Dynamics' radios to provide communications for Air Force's D-ILS
General Dynamics Mission Systems' radios will provide the communications for the new U.S. Air Force Deployable Instrument Landing System. The system, built by Thales, will give pilots the precision guidance they need to land at locations where the existing air traffic control system is unavailable or where no infrastructure exists, including temporary airfields in austere, isolated locations. The D-ILS will use the General Dynamics CM-300/350 V2 air traffic control radios along with the Fortress ES2440 High-capacity Mesh Point wireless backhaul radios. The General Dynamics Mission Systems CM-300/350 V2 radios are the first VoIP UHF and VHF radios approved by the FAA for ground-to-air communications. The radios are being installed in airport control towers, FAA regional centers and training facilities nationwide.

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