General Dynamics Corp. is in the market to buy some companies as the result of last year’s smallest sales increase since 1995.
General Dynamics Corp. reported first-quarter 2011 net earnings of $618 million, compared to $597 million in the first quarter of 2010. Revenues increased over the year-ago period to $7.8 billion.
General Dynamics Corp. will produce the latest version of its advanced onboard computers for installation in select Navy aircraft under a $17.9 million contract.
General Dynamics Corp. will provide IT support to the Air Force Materiel Command under a three-year, $23 million contract that calls for the purchase, delivery and integration of ruggedized laptop PCs to be used as portable maintenance aids.
Justice Department awards its IT Support Services IV contract to 20 companies who will now compete for task orders.
General Dynamics Information Technology has been awarded a five-year, $40 million task order under the Solutions for the Information Technology Enterprise contract to support the Defense Intelligence Agency.
Four of the nation’s largest government contractors have won Navy task orders under a multiple-award, indefinite-delivery, indefinite-quantity contract with a total potential value of $204 million over five years if all options are exercised.
General Dynamics Corp. and Hewlett Packard Co. will provide network and data center services to the U.S. Special Operations Command under a pair of contracts that have a combined value of more than $151 million.
Science Applications International Corp., General Dynamics, Northrop Grumman and Booz Allen Hamilton have won awards from the Space and Naval Warfare Systems Center Pacific, and will vie for cybersecurity task orders under a five-year contract valued in excess of $200 million.
The Army has awarded the low-rate initial production of its next-generation tactical communications network to General Dynamics Corp. under a contract with a ceiling of $2.8 billion.
General Dynamics Corp. reported 2010 fourth-quarter earnings of $729 million, compared to $618 million in the same quarter of 2009.
Harris Corp., Computer Sciences Corp., General Dynamics Information Technology and Cisco Systems are teaming to pursue an anticipated five-year, Navy Department contract to provide network transport services for the Next Generation Enterprise Network (NGEN) initiative.