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General Dynamics

GD To Acquire Division of Motorola For $825 Million

Defense contractor General Dynamics Corp. on Monday said it agreed to acquire a division of wireless technology giant Motorola Inc. for $825 million, in a move to strengthen its communications and information technology operations. The deal, which is expected to close in 60 days, would enhance General Dynamics' earnings immediately, the Falls Church, Va.-based company said. It is buying Motorola's Integrated Information Systems Group (IISG) based in Scottsdale, Ariz., which provides defense and other government customers with technologies, products and systems for secure communications and integrated communication systems. The business would become part of General Dynamics' Information Systems and Technology group. A top General Dynamics official said that the company expects the acquisition to add $100 million of earnings before interest and taxes for 2002 on revenues of $830 million. This will add to the $2.4 billion in revenues General Dynamics already records from its existing communications and IT business. General Dynamics, which is paying for the transaction through debt, is also assuming certain liabilities of the Motorola unit. Rating agency Standard & Poor said the deal would have no impact on its current 'stable' rating. Besides strengthening General Dynamics' position in communications and information technology for military and government customers, General Dynamics said in a statement, the deal will enhance company capabilities in command


NASSCO Bags $24 mi Award for Littoral Combat Ships Sustainment

Littoral Combat Ships Courtesy Wikipedia

  General Dynamics NASSCO has been awarded a $24.1 million contract by the U.S. Navy for Littoral Combat Ships (LCS) sustainment execution in support of LCS' home-ported in or visiting San Diego. General Dynamics NASSCO is a business unit of General Dynamics (NYSE: GD). 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


Navy Awards $87m Deal for Mine Countermeasure UUV

The U.S. Navy’s Naval Sea Systems Command has awarded General Dynamics Advanced Informational Systems a contract to design and build the Surface Mine Countermeasure Unmanned Underwater Vehicle (SMCM UUV) system. The system will initially be a part of the Littoral Combat Ship Mine Warfare mission package. The contract has a maximum potential value of $86.7 million for one Engineering Development Model (EDM) and five low-rate initial production systems if all options are exercised


General Dynamics Awards Contract to Marotta

General Dynamics Bath Iron Works, a business unit of General Dynamics has awarded Marotta a contract to provide solenoid valves on the DDG-51 Class of Navy ships. The contract with options is valued at over $500,000. "The awarding of this contract is another strong indication of Marotta's solid and continually expanding relationship with General Dynamics and speaks well of the high-quality products we are providing to them," said Mike Leahan, Vice President and Chief Sales Officer at Marotta


General Dynamics Wins $12m Navy Deal

General Dynamics Awarded $12 Million for Virginia-Class Repair Parts   General Dynamics Electric Boat has received an $11.5 million contract modification from the U.S. Navy to provide on-board repair parts for Virginia-class submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). The modification was exercised under the $14 billion contract awarded to Electric Boat in December 2008 for the construction of eight Virginia-class submarines


Fred Harris to Retire

Fred Harris (Photo: General Dynamics NASSCO)

Ubiquitous General Dynamics Leader Fred Harris to Step Down January 1, 2017; Dirk Lesko to Lead Bath Iron Works; Kevin Graney to Lead NASSCO General Dynamics (NYSE: GD) said that in the wake the retirement of Frederick J. Harris  effective January 1, 2017, Dirk A. Lesko will be a vice president of the corporation and appointed as president of General Dynamics Bath Iron Works, and Kevin M. Graney will be a vice president of the corporation and appointed as president of General Dynamics


Newport News, General Dynamics Terminate Merger Agreement

Newport News Shipbuilding, (NNS) and General Dynamics (GD), have agreed to terminate their agreement and plan of merger. The companies entered into an agreement on April 24, 2001, and a tender offer by General Dynamics commenced on May 4, 2001.


General Dynamics Upgrades RVSS for CPB

Logo

  General Dynamics successfully completed the initial field deployment and test of the Remote Video Surveillance System (RVSS) upgrade for the U.S. Department of Homeland Security's Customs and Border Protection (CBP). This test demonstrated many technical capabilities of the RVSS system and is a key program milestone in its deployment schedule. U.S. Border Patrol agents are currently operating the RVSS in Nogales, Ariz


General Dynamics Awarded $12M to Upgrade Sub

General Dynamics Advanced Information Systems was awarded an $11.5m modification to a previously awarded contract to provide engineering and technical services for the AN/BYG-1 weapons control system for SSN21-, Virginia- and SSN688/688I-class submarines. This contract modification is the second-year option of a multi-year contract awarded in July 2009. General Dynamics Advanced Information Systems is a business unit of General Dynamics (NYSE: GD).


GD Canada Wins $128M Contract

General Dynamics’ Canadian subsidiary, General Dynamics Canada, was awarded a contract valued at $128 million by the Canadian Department of National Defense to supply and integrate a new data management system for the CP-140 Aurora, Canada’s long-range maritime patrol aircraft, as part of the ongoing Aurora Incremental Modernization Project (AIMP). Under the contract, General Dynamics Canada will supply a new mission computer, integrate upgraded sensors


$59 mln US Navy Contract for General Dynamics

Courtesy General Dynamics Bath Iron Works

The U.S. Navy has awarded General Dynamics Bath Iron Works, a subsidiary of General Dynamics, a $59 million contract for the continuation of Arleigh Burke-class (DDG 51) Lead Yard Services and Flight III Upgrade design efforts. This contract extends the services for engineering, technical support


General Dynamics wins U.S. Navy Design Deal

The U.S. Navy has awarded General Dynamics Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), a $59 million contract for the continuation of Arleigh Burke-class (DDG 51) Lead Yard Services and Flight III Upgrade design efforts. This contract extends the services for engineering


Navy to Christen Submarine Colorado

Boats logo for the future USS Colorado (SSN 788). This is the 15th Virginia-class fast attack submarine and the fifth Virginia-class Block III submarine. The ship began construction in 2015 and is scheduled to commission in 2017. This next-generation attack submarine provides the Navy with the capabilities required to maintain the nations undersea superiority well into the 21st century. (U.S. Navy graphicReleased)

The Navy will christen its newest Virginia-class fast attack submarine, the future USS Colorado (SSN 788), during an 11 a.m. EDT ceremony Saturday, Dec. 3 at General Dynamics Electric Boat Shipyard in Groton, Connecticut. The Honorable Ray Mabus, secretary of the Navy


NASSCO Delivers Jones Act Tanker to SEA-Vista

Constitution (Photo: General Dynamics NASSCO)

On November 8, 2016, shipbuilder General Dynamics NASSCO delivered the American Jones Act-qualified ECO Class tanker Constitution to SEA-Vista LLC. The ship was delivered during a signing ceremony at the builder’s shipyard in San Diego.   


NASSCO Delivers Fourth Product Tanker to APT

Bay State underway during sea trials in September 2016 (Photo: General Dynamics NASSCO)

General Dynamics NASSCO has delivered Bay State, the fourth of five new Jones Act ECO Class product carriers under contract with American Petroleum Tankers (APT). The vessel was delivered on Monday, September 26 during a signing ceremony at the NASSCO shipyard in San Diego.  


General Dynamics AUV Detects Threats to Ship Hulls

HAUV is a two-man-portable hovering AUV designed for ship hull inspection. Photo GD

General Dynamics Mission Systems featured the Bluefin Robotics hovering-autonomous underwater vehicle (H-AUV) at OCEANS 2016 in Monterey, California. The Bluefin Robotics H-AUV locates, identifies and maps structural issues on a ship’s hull including large ocean going cargo ships


Navy Names Replenishment Oiler After Robert F. Kennedy

A graphic representation of the future USNS Robert F. Kennedy (T-AO 208). (U.S. Navy photo by Mass Communication Specialist 1st Class Armando GonzalesReleased)

Secretary of the Navy (SECNAV) Ray Mabus announced today that the next ship of the next generation of fleet replenishment oilers will be named USNS Robert F. Kennedy (T-AO 208). A ceremony marking the announcement was held at the John F. Kennedy Presidential Library in Boston.


NASSCO Christens 4th ECO Class Tanker

Photo courtesy of General Dynamics NASSCO

General Dynamics NASSCO Christens Fourth ECO Class ECO Product Carrier for American Petroleum Tankers.   On Saturday, September 17, General Dynamics NASSCO hosted a christening ceremony for the fourth ECO Class tanker for American Petroleum Tankers (APT) under construction at the company's


GD Bluefin-21 AUV Launches Bluefin SandShark Micro-Underwater Vehicle

Bluefin-21

The General Dynamics Bluefin-21 autonomous underwater vehicle (AUV) successfully launched multiple Bluefin SandShark micro-autonomous underwater vehicles (M-AUV) Underwater vehicle (M-AUV as part of several capability demonstrations at the U.S


NASSCO Christens LNG-ready Tanker Constitution

(Photo: General Dynamics NASSCO)

On Saturday, August 27, shipbuilders at General Dynamics NASSCO celebrated the christening and launch of the Constitution, the sixth ship in a series of eight eco-friendly tankers constructed or under construction at the company’s San Diego-based shipyard.  


Michelle Obama Sponsors Attack Submarine

Electric Boat Yard in Groton. Photo: Electric Boat

 General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP.   The submarine will become the USS Illinois (SSN 786) after more than five years of construction


Submarine Indiana Pressure Hull Complete

Photo by Chris Oxley (HII)

 Huntington Ingalls Industries (HII) announced that its Newport News Shipbuilding division has reached a milestone in the construction of the submarine Indiana (SSN 789). The 16th Virginia-class submarine has reached “pressure hull complete


Tech Update for GE's LM2500

Image: GE

GE, Bath Iron Works and U.S. Navy introduce LM2500 gas turbine Module Modernization Program to lower lifecycle costs and reduce enclosure weight by 50 percent   GE’s Marine Solutions announced that the LM2500 gas turbine Module Modernization Program (MMP) is now underway with General


Keel Laid for USNS Hershel 'Woody' Williams

Photo: General Dynamics NASSCO

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Tuesday, August 2 for the U.S. Navy’s second Expeditionary Sea Base (ESB) the future USNS Hershel “Woody” Williams currently under construction at the builder’s San Diego shipyard.  


NASSCO-Norfolk Wins CVN Maintenance Work

Harry S. Truman (CVN-75) (Photo: U.S. Dept. of Defense)

General Dynamics NASSCO–Norfolk said it was awarded the Mid-Atlantic CVN private sector maintenance contract by the U.S. Navy to perform non-nuclear planning and maintenance work during six Chief of Naval Operations (CNO) availabilities on four Nimitz-class aircraft carriers and one Gerald R






 
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