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Military


13 July 2000 Military News

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  • General Dynamics Awarded $39 Million M2 Machine Gun Contract General Dynamics 13 Jul 2000 -- General Dynamics Weapon Systems, a subsidiary of General Dynamics Armament Systems, has been awarded an indefinite delivery, indefinite quantity contract with an estimated maximum potential value of $39 million for the production of M2HB .50 cal machine guns, gun bolts and gun barrels for the U.S. Army and foreign military users.
  • Microsoft Federal Systems Joins Lockheed Martin CVN 77 Integrated Warfare Systems Team Lockheed Martin 13 Jul 2000 -- Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS) announced that Microsoft Federal Systems is joining the Integrated Warfare Systems (IWS) Team supporting the design and development of the CVN 77, the nuclear-powered aircraft carrier Newport News Shipbuilding is providing to the U.S. Navy.
  • BAE SYSTEMS North America to Acquire Aerospace Electronics Systems Business from Lockheed Martin for $1.67 Billion Cash Lockheed Martin 13 Jul 2000 -- Lockheed Martin Corporation (NYSE:LMT) and BAE SYSTEMS North America, Inc. announced that they have reached a definitive agreement under which BAE SYSTEMS North America will acquire Lockheed Martin's Aerospace Electronics Systems business for $1.67 billion in cash. BAE SYSTEMS North America, a Delaware corporation, is a wholly-owned subsidiary of BAE SYSTEMS plc, Farnborough, England.

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