Page 16 - General Dynamic News Today

New contracts to supply Ukraine directly - or backfill U.S. weapons sent to Ukraine - were signed last year

As in many other industries, theres an inherent challenge in managing the increasing supply risk in early design decision-making.

RTX, which makes rockets used in Ukraine, has received US$3 billion of orders since Russia’s February 2022 invasion, while General Dynamics, which makes tanks and artillery, saw revenue rise 25 per cent from a year ago.

The National Security Agency has granted certification to General Dynamics' mission systems division for its first TACLANE E-Series product designed to protect top-secret government information that passes through ethernet data networks. The TACLANE-ES10 (KG-185A) encryptor is a Layer 2 Ethernet Data Encryption Cryptographic Interoperability Specification-compliant platform that works to secure classified information in high-speed networks at data rates up to 10 Gigabits per second, GDMS sa...

WASHINGTON - The Russian invasion of Ukraine in 2022 is starting to boost defense contractors revenues, as customers such as the U.S. government restock supplies shipped to Ukraine and countries

WASHINGTON: The US submarine industrial base can and will support the AUKUS defence technology partnership to supply Australia with nuclear-powered submarines and will itself be strengthened by that project, a senior Pentagon official said on Wednesday. Mara Karlin, acting deputy under secretary of defence

Looking for the latest GovCon News? Check out our story: Red River Brings In Jessica Johnson as Contracts VP for Government Technology Services Business. Click to read more!

At 19 times earnings, with a 2.3% dividend yield and growing sales, General Dynamics should be promoted.

System High, a portfolio company of Enlightenment Capital, will provide integrated security support services to the Department of the Air Force under a subcontract from General Dynamics' information technology business unit. The company said Monday it will help the DAF secure mission-critical activities related to national security as part of the $4.5 billion Air Force Security Support Services multiple-award, indefinite-delivery/indefinite-quantity contract issued in February 2021.

The potential deal affects about 1,000 workers in Ohio, Michigan, and Pennsylvania.