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The board of directors of General Dynamics has elected John G. Stratton to be a director of the corporation, effective February 5. He has been appointed to serve on the Finance and Benefit Plans Committee.
General Dynamics reported quarterly net earnings of $1 billion on $10.8 billion in revenue. Full-year earnings from continuing operations were $3.5 billion on revenue of $39.4 billion. Full-year revenue and operating earnings grew in all five segments.
General Dynamics (NYSE: GD) will webcast its fourth-quarter and full-year 2019 financial results conference call on Wednesday, January 29, 2020, beginning at 9 am EST.
General Dynamics Mission Systems Receives $299.9M Sustainment Contract for Ballistic-Missile Submarine Fire Control Systems Modernization and Maintenance
The U.S. Navy has awarded a contract to General Dynamics Mission Systems that continues a broad scope of work for fire control systems and subsystems aboard U.S. Navy and United Kingdom’s Royal Navy nuclear ballistic-missile submarines (SSBN).
General Dynamics has announced that General Dynamics Land Systems’ president Gary L. Whited has informed the company of his intent to retire effective April 1, 2020. He will be succeeded by Danny Deep, who currently serves as chief operating officer of General Dynamics Land Systems.
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Gulfstream Corporate Aircraft Fly More Than 1 Million Nautical Miles On Sustainable Aviation Fuel
Gulfstream Aerospace Corp. announced its Savannah-based fleet has flown more than 1 million nautical miles/1.85 million kilometers on sustainable aviation fuel (SAF). The company has made more than 550 flights with the blended fuel and reduced carbon dioxide emissions by approximately 1,300 metric tons.
General Dynamics Awarded Army IT and Cybersecurity Support Contract
General Dynamics Information Technology (GDIT) announced today it will provide mission support to the U.S. Army’s Department of Defense Information Network through their Cybersecurity and Network Operations Mission Support contract. GDIT will provide broad IT and cybersecurity support to Network Enterprise Technology Command, Army Cyber Command, and Chief Information Officer/G-6 (CIO/G-6) out of Fort Huachuca in Sierra Vista, Arizona.
Gulfstream Opens Service Center at Business Aviation Hub Van Nuys Airport
Gulfstream Aerospace Corp. announced it has officially opened its second company-owned maintenance, repair and overhaul (MRO) facility in Southern California, one of the world’s busiest corridors for Gulfstream business jets. The new service center at Van Nuys Airport has customer resources that include sustainable aviation fuel (SAF) and sizeable ramp space.