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General Dynamics Wins $51 Million Navy Contract

June 18, 2009 (FinancialWire) — General Dynamics’ (NYSE: GD) information technology unit has been awarded a $51 million indefinite delivery, indefinite quantity contract from the Space and Naval Warfare Systems Center.

The single-award contract covers a five-year base period with eight potential six-month option periods and has a total potential value of $98 million if all options are exercised.

Through the contract, General Dynamics will perform a variety of duties including program management, engineering support, testing and evaluation, integrated logistics support, on-site technical assistance, network security, and implementation and integration of secure voice, command and control, DRSN and information systems networks.

The DRSN provides global, secure voice and voice-conferencing services to senior decision makers within the Department of Defense.

Falls Church, Virginia-based General Dynamics offers business aviation systems, land and expeditionary combat systems, armaments and munitions, shipbuilding and marine systems and information systems and technologies.

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