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News Breaks
May 22, 2014
10:31 EDTXLS, GDExelis 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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April 23, 2015
17:35 EDTXLSHarris, Exelis receive second request from DoJ regarding potential merger
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April 22, 2015
10:01 EDTGDGeneral Dynamics NASSCO awarded $23M for LCS sustainment
General Dynamics NASSCO has been awarded a $24.1M contract by the U.S. Navy for Littoral Combat Ships, or LCS, sustainment execution in support of LCS' home-ported in or visiting San Diego. General Dynamics NASSCO is a business unit of General Dynamics. Under the contract, General Dynamics NASSCO will plan, furnish material and provide support and facilities to maintain and modernize twelve LCS-class ships. This contract covers both variants, Freedom and Independence. These ships are fast, agile, focused-mission platforms designed for operation in near-shore environments and capable of open-ocean operation.
April 21, 2015
07:04 EDTXLSHarris says Exelis deal progressing towards expected June closing
April 14, 2015
07:32 EDTXLSHarris, Exelis deal closing pushed off a month or longer, CT Financial News says
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