General Dynamics Awarded $34.7M Modification for Submarine Tactical Control System
ARLINGTON, Virginia – The U. S. Navy has awarded General Dynamics Advanced Information Systems, a business unit of General Dynamics (NYSE: GD), a $34.7 million modification to a previously awarded contract for the continued development of the submarine Tactical Control System.
This contract includes development and production, including improvements, upgrades, technology refreshment, and integration of advanced processing builds for the next generation of the Tactical Control System, which provides contact management tools and tactical control functions as part of the Navy's Mk2 Combat Control System aboard submarines.
Work under this modification will include systems engineering, architecture design, software engineering, prototype development, integration, development and testing. Work will be performed in Fairfax, Va., and is expected to be completed by December 2004.
This award modifies a contract originally awarded in December 2002 to Digital Systems Resources, Inc., which was acquired by General Dynamics and became part of General Dynamics Advanced Information Systems in September 2003. Including this modification, the cumulative value of the contract is $44 million.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 66,900 people worldwide and anticipates 2003 revenues of approximately $16.1 billion. The company has leading market positions in mission-critical information systems and technologies, land and amphibious combat systems, shipbuilding and marine systems, and business aviation.
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Any "forward-looking statements" contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
General Dynamics Corporation (ticker: GD, exchange: NYSE)
News Release - Tuesday, November 25, 2003
Press Contact: (703) 876-3199
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