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News Breaks
May 22, 2014
10:31 EDTGD, XLSExelis awarded two contracts by General Dynamics UK for $617M
Exelis (XLS) was awarded two contracts by General Dynamics (GD) UK to support U.K. Ministry of Defence tactical communications modernization and logistics, supply and support for existing tactical radios. The Exelis work will support General Dynamics’ recently announced contract award from the MoD valued at $617M. The first award is a five-year contract to provide post-engineering design services for VHF and UHF radios manufactured by Exelis for the U.K. Bowman team. Exelis was the manufacturer of those radios as part of the General Dynamics U.K.-led Bowman program. The second contract is a five-year contract for logistics, supply and support of current tactical radios fielded as part of the Bowman program. This support will include replacements and repairs of existing radios currently being used by the MoD.
News For XLS;GD From The Last 14 Days
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January 21, 2015
10:01 EDTXLSExelis receives follow-on contract valued at over $27M from GAAS
Exelis received a follow-on contract valued at more than $27M from General Atomics Aeronautical Systems, Inc. to continue producing and supplying the BRU-71/A ejector rack for the Predator B/MQ-9 Reaper Remotely Piloted Aircraft system. This award is the third BRU-71/A follow-on production contract for Exelis. The first, for 208 units, was received in February 2011 and the second, for 520 units, was received in 2013. Deliveries of the latest batch will begin in October 2015 and will be completed in August 2016. Contract work is performed at the Exelis facility in Amityville, New York.
January 13, 2015
11:55 EDTXLSExelis awarded $17M contract
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10:32 EDTGDGeneral Dynamics awarded $26M contract by NAVSEA
The Naval Sea Systems Command, or NAVSEA, awarded General Dynamics Land Systems a $26.2M contract for the production of MK46 Modification 2 Gun Weapon Systems for use on Littoral Combat Ships, and Zumwalt-class ships. General Dynamics Land Systems is a business unit of General Dynamics.
09:17 EDTGDGeneral Dynamics Q4 results likely to beat expectations, says Sterne Agee
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