financetom
Business
financetom
/
Business
/
General Dynamics Information Technology Wins $988 Million US Navy Contract
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
General Dynamics Information Technology Wins $988 Million US Navy Contract
Mar 11, 2026 12:28 AM

05:26 PM EST, 01/12/2026 (MT Newswires) -- General Dynamics ( GD ) business unit, General Dynamics Information Technology, said late Monday it has won $988 million contract to continue modernizing the US Navy fleet and improve the operational effectiveness of naval forces.

The contract was awarded in December 2025, with a one-year base period, four one-year options, and a six-month option, the business unit said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
State Street relinquishes title of biggest ETF to Vanguard
State Street relinquishes title of biggest ETF to Vanguard
Feb 19, 2025
(Reuters) - Vanguard Group's Standard & Poor's 500 ETF overtook rival State Street Global Advisors' SPDR S&P 500 Trust, on Tuesday to become the world's largest exchange-traded fund, according to data from FactSet. The widely anticipated event was the result of $2.8 billion in outflows from SPY on Tuesday, in tandem with inflows of $305 million into the rival Vanguard...
Update: Gildan Activewear Gains 3% as Hikes Dividend, Q4 Earnings Beat Estimates
Update: Gildan Activewear Gains 3% as Hikes Dividend, Q4 Earnings Beat Estimates
Feb 19, 2025
12:01 PM EST, 02/19/2025 (MT Newswires) -- (Updates shares.) Gildan Activewear ( GIL ) on Wednesday raised its dividend by 10% as it reported a fourth-quarter adjusted earnings beat. The apparel manufacturer hiked the quarterly dividend to US$0.226 per share from US$0.205, payable April 7 to shareholders of record on March 12. The dividend increase comes as Gildan booked adjusted...
Exxon plans large-scale gas project in oil-dominated Guyana
Exxon plans large-scale gas project in oil-dominated Guyana
Feb 19, 2025
GEORGETOWN, Feb 19 (Reuters) - U.S. oil major Exxon Mobil ( XOM ) is planning to increase natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government's call for more gas to fuel onshore power and petrochemical projects. The Wales Gas Vision, outlined by Exxon's Guyana head, Alistair Routledge, is set to provide...
Perma-Fix Environmental Services Says PFAS Treatment Technology Shows 'Exceptional' Results; Shares Rise
Perma-Fix Environmental Services Says PFAS Treatment Technology Shows 'Exceptional' Results; Shares Rise
Feb 19, 2025
12:05 PM EST, 02/19/2025 (MT Newswires) -- Perma-Fix Environmental Services ( PESI ) on Wednesday provided an update on the progress of its per- and polyfluoroalkyl substances, or PFAS, treatment technology, Perma-FAS. The company said that it started full-scale commercial treatment in Q4 with its 1,000-gallon PFAS Destruction Reactor located at a site in Florida. After several months of continuous...
Copyright 2023-2026 - www.financetom.com All Rights Reserved