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General Dynamics Subsidiary Gets $2B Contract Modification for Additional...

General Dynamics’ (NYSE: GD) Electric Boat subsidiary has received a $2.04B contract modification to provide additional materials required to build the U.S. Navy’s Virginia-class submarines from fiscal...

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McAleese & Associates: GAO Examines Navy’s Cost Estimate for Columbia-Class...

Consulting firm McAleese & Associates has released a report on key takeaways from a Government Accountability Office study on the U.S. Navy’s cost estimate for the Columbia-class submarine...

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McAleese & Associates: General Dynamics Reports $9.6B in Q2 2019 Sales

A new report by consulting firm McAleese & Associates says General Dynamics recorded $9.6B in sales during the second quarter of 2019, up 4 percent from the prior year period.

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McAleese & Associates: HII Records 8% Growth in Q2 2019 Sales

A new McAleese & Associates report says Huntington Ingalls Industries (NYSE: HII) saw its sales rise 8 percent to $2.2B, primarily driven by a 7 percent revenue growth at HII’s Newport News...

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Kevin Graney Named General Dynamics Electric Boat President

Kevin Graney, president of General Dynamics’ (NYSE: GD) NASSCO business since 2017, will become president of the Reston, Va.-based aerospace and defense contractor’s Electric Boat subsidiary starting...

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General Dynamics Awarded Potential $24.1B Contract Modification for Block V...

General Dynamics’ (NYSE: GD) Electric Boat subsidiary has received a potential $24.1B contract modification to build nine Block V Virginia-class submarines. Electric Boat will work with Huntington...

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Matt Needy Named Navy Programs VP at HII Newport News Shipbuilding

Matt Needy, vice president of operations at Huntington Ingalls Industries’ (NYSE: HII) Newport News Shipbuilding division, will assume the role of VP of Navy programs at the division on March 1.

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Senate Introduces $696B FY 2021 Defense Bill Under $1.4T Spending Package

The Senate on Tuesday proposed a $1.4T spending package that includes $696B in defense appropriations for fiscal year 2021, Defense News reports. Senators must reconcile the upper chamber's 12-bill...

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General Dynamics CEO Phebe Novakovic Cites ‘Moral Imperative’ to Support US,...

Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a 2021 Wash100 Award winner, believes in the patriotism of her role as head of the Reston, Virginia-based aerospace and defense...

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