This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

General Dynamics Awarded Major U.S Army Sustainment Command Logistics Contract

FAIRFAX, Va., Dec. 7, 2012 /PRNewswire/ -- General Dynamics (NYSE: GD) has been awarded a contract to support the U.S. Army Sustainment Command's Enhanced Army Global Logistics Enterprise (EAGLE) program.  The multiple-award Basic Ordering Agreement has a potential value of $23 billion to all 96 awardees over five years. Work will be performed at Army installations worldwide.

Through the EAGLE contract General Dynamics will deliver maintenance, supply and transportation-operations support services to meet the Army's global logistics service requirements.  The company may provide materiel maintenance, supply and transportation services that support the redeployment and readiness of Army forces.

"With our extensive experience working with the U.S. Army to manage logistics and supply chains, General Dynamics can ensure U.S. forces worldwide have the supplies they need to carry out their missions," said Zannie Smith, senior vice president and general manager of General Dynamics Information Technology's National and Homeland Security division.  "We understand the Army's logistics needs and have the skills and expertise to be a true partner in this effort."

General Dynamics delivers innovative, agile and comprehensive logistics solutions that support customers across the globe.  The company provides logistics and supply chain management in support of the Department of Defense's ground combat and Mine-Resistant Ambush Protected (MRAP) vehicles, the Army's 1st Theater Sustainment Command in Afghanistan and Supply Support Activity in Kuwait, as well as federal civilian agencies such as the Department of State.

"General Dynamics currently provides worldwide, world-class sustainment support to our troops," said H.A. " Graz" Graziano, vice president of Combat Support and Services for General Dynamics Land Systems.  "We look forward to extending our proven capabilities to new clients and platforms through this contract."

This contract was awarded to General Dynamics Global Force. General Dynamics Global Force is a joint venture between General Dynamics Information Technology, General Dynamics Land Systems, General Dynamics C4 Systems, General Dynamics Advanced Information Systems, General Dynamics Ordnance and Tactical Systems and General Dynamics Armament and Technical Products.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs