Sign In
Search
Business/Financial

GD Posts Modest Earnings Gains As Aero, Combat Margins Rise

DDN
SHARE:

By Calvin Biesecker Strong profit margin improvements at General Dynamics' [GD] business aircraft and Combat Systems segments and record operating profits at its information technology business helped drive an increase in second quarter earnings at General Dynamics [GD] despite flat sales. The improved earnings in the quarter combined with a "clearer view" of the second half of 2010 led GD to boost its earnings guidance for the year, said Jay Johnson, GD's chairman and CEO. Net income increased 5 percent…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Margin Improvements Boost GD’s Earnings In First Quarter

Business/Financial

Defense Work Leads To Solid First Quarter At GD

Business/Financial

Aerospace Lifts GD In Third Quarter; Raises Earnings Guidance

Business/Financial

GD Holds Earnings Steady Despite Drop In Sales

Trending

Air Force Preparing Supplemental EIS for Sentinel, Scraps Three of Four Town Halls This Month
Lockheed Using Northrop Grumman As NGI Rocket Motor Backup
Low-Cost Cruise Missile Funding in Reconciliation Act Awaiting Contract Obligation
Collins Sees Golden Dome As Periodic Upturn in Missile Defense, Tells Industry To ‘Get Ready To Go Fast And Think Big’
New Electro-Optical Commercial Services Program Advised by Senate Defense Appropriators

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume