Marine link
 

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


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


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 Awarded $33m in Navy SeaPort-e Orders

General Dynamics Information Technology, a business unit of General Dynamics, has been awarded four SeaPort-e task orders by the U.S. Naval Sea Systems Command (NAVSEA) Combat Direction Systems Activity (CDSA) at Dam Neck, Va., to support its intelligence and temporary alteration programs. General Dynamics will continue to provide and expand its system lifecycle deployment and operational engineering support services for the programs’ equipment, systems, subsystems, components


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


U.S. Navy Commissions Electric Boat

General Dynamics Electric Boat has been awarded a $12.5 million contract modification by the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the terms of the modification, General Dynamics Electric Boat will perform advanced submarine research and development studies in support of a wide range of technology areas including manufacturability, maintainability, survivability


General Dynamics Wins $33 Million U.S. Navy Contract

General Dynamics Armament and Technical Products was awarded a $32.6 million multi-year contract by the U.S. Navy for the production of MK82 gun and guided-missile directors and MK200 director controllers for six Aegis Weapon System ship sets. The MK82 director, commanded by the MK200 controller, positions the fire control antenna to illuminate targets and provide guidance to missiles used for fleet defense from anti-ship missile threats and for ballistic missile defense


US Navy Mobile Landing Platform Christened

Martha Puller Downs, daughter of General Puller christens USNS Lewis B. Puller. (Photo: General Dynamics NASSCO)

General Dynamics NASSCO christened the U.S. Navy’s newest ship, the USNS Lewis B. Puller (MLP-3 AFSB), on Saturday during a christening ceremony held at the San Diego builder’s shipyard.   This third Mobile Landing Platform (MLP) is the first ship of the class to be configured


General Dynamics Helps Boost USN Network Capacity

Digital Modular Radios by General Dynamics

  General Dynamics’ four-channel Digital Modular Radios (DMR) are being upgraded with high-frequency dynamic routing (HFDR) software to turn the radio’s four channels into eight virtual channels. In addition to HFDR, the new high-frequency virtual channel exploitation software


Braemar Sub-Licenses FSP Containment System

Braemar LNG BV, the wholly owned subsidiary of Braemar Shipping Services PLC, has issued a sub-license to FSP LNG BV for the design and construction of a new Flat-panel, Semi-membrane, Prismatic-shaped (FSP) containment system, under the terms of the license it holds with General Dynamics NASSCO


NASSCO to Christen Third MLP, Lewis B. Puller

USNS Lewis B. Puller (MLP 3 AFSB) was floated out in late 2014 (Photo: Greg Trauthwein)

Shipbuilder General Dynamics National Steel & Shipbuilding Co. – NASSCO – will christen the USNS Lewis B. Puller (MLP 3 AFSB) Saturday, February 7, 2015 in San Diego.   General Dynamic’s NASSCO arguably has the most diverse and enviable shipbuilding backlog in the U.S


US Navy Sees Competition for Next Amphibious Ship

LPD-17 (Photo courtesy: Huntington Ingalls)

The U.S. Navy will insist on competition for the next U.S. amphibious warship despite a decision last year to base the ship on the LPD-17 ship designed by Huntington Ingalls Industries Inc, Marine Corps Major General Robert Walsh said on Tuesday.


General Dynamics Wins MK46 Systems Contract

Mk-46 30mm gun weapon system aboard USS Mesa Verde (LPD 19)

The Naval Sea Systems Command (NAVSEA) awarded General Dynamics Land Systems a $26.2 million contract for the production of MK46 Modification (Mod) 2 Gun Weapon Systems (GWS) for use on Littoral Combat Ships (LCS), and Zumwalt-class (DDG-1000) ships


General Dynamics Enhancing US Navy Capabilities

General Dynamics Mission Systems Presents Portfolio of Capabilities to Defend, Protect and Connect the U.S. Navy

  General Dynamics Mission Systems makes its debut as General Dynamics' newest business unit at the Surface Navy Association's (SNA) 27th National Symposium. General Dynamics Advanced Information Systems and General Dynamics C4 Systems combined to form General Dynamics Mission Systems on


USNS Trenton JHSV 5 Christened

Photo courtesy of Austal

Austal christened USNS Trenton (JHSV 5) January 10 at its shipyard in Mobile, Alabama. USNS Trenton is the fifth of 10 Joint High Speed Vessels (JHSV) that Austal has under contract with the U.S. Navy as part of an overall 10-ship block-buy contract worth over $1.6 billion.  


USNS Trenton (JHSV 5) Christened

JHSV 5 Christening Platform Participants

  Austal christened USNS Trenton (JHSV 5) this morning at its state-of-the-art shipyard in Mobile, Alabama. USNS Trenton is the fifth of ten Joint High Speed Vessels (JHSV) that Austal has under contract with the U.S. Navy as part of an overall 10-ship block-buy contract worth over $1


General Dynamics Contibute $0.5 mi to CIMVHR

General Dynamics Canada announces $500,000 contribution

  General Dynamics Canada is proud to announce a contribution of half a million dollars over three years to support the work of the Canadian Institute for Military and Veteran Health Research (CIMVHR). The contribution will fuel research into understanding, diagnosis


General Dynamics Bags USN Contract for MLP AFSB

Logo

  The U.S. Navy has awarded General Dynamics NASSCO a $498 million contract for the detail design and construction of the Mobile Landing Platform (MLP) Afloat Forward Staging Base (AFSB). NASSCO is a wholly owned subsidiary of General Dynamics (NYSE: GD).


NASSCO Cuts Steel on APT "ECO Tanker"

Kevin Graney, vice president and general manager of General Dynamics NASSCO. (Photo: Greg Trauthwein)

General Dynamics NASSCO started construction of another ship in its commercial shipbuilding backlog, starting construction of a second “ECO” tanker to be built for American Petroleum Tankers at a steel cutting ceremony in its San Diego shipyard. U.S. Rep


NASSCO Opens Bremerton Repair Facility

Dave Carver, Annetta Knight , Mayor Patty Lent, Jeff Brooks, Congressman Derek Kilmer, Kevin Terry, Robert Gelder, John Powers

General Dynamics NASSCO celebrated the grand opening of its new location in Bremerton, Wash., yesterday. The facility will support the company’s recently-awarded contract to repair and maintain U.S. Navy aircraft carriers home-ported in and visiting Bremerton and Everett, Wash.


NASSCO Opens New Facility for Naval Repair

General Dynamics NASSCO opened a new location yesterday in Bremerton, Wash. to support the company’s recently-awarded contract to repair and maintain U.S. Navy aircraft carriers home-ported in and visiting Bremerton and Everett, Wash.  


NASSCO Licenses LNG Containment Tech to Braemar

Image: Braemar

General Dynamics NASSCO and Braemar LNG BV announce LNG containment technology licensing agreement   General Dynamics NASSCO and Braemar LNG BV, a wholly owned subsidiary of Braemar Shipping Services PLC, have signed a technology licensing agreement for Braemar to use NASSCO’s






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright