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The 840-foot ship is the largest that can be accommodated in NASSCO's drydock. National Steel and Shipbuilding Company, commonly referred to as NASSCO, is an American shipbuilding company with four [2] shipyards located in San Diego, Norfolk, Bremerton, and Mayport. It is a division of General Dynamics.
The termination of the contract meant the end of the Convair Division and of General Dynamics' presence in San Diego, as well as the city's long aircraft-building tradition. The defense contractor once employed 18,000 people there, but after selling its divisions, that number is now zero.
General Dynamics Corporation (GD) is an American publicly traded aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth-largest defense contractor in the world by arms sales, and fifth largest in the United States by total sales. The company is a Fortune 100 company, and was ranked No. 94 in 2022.
General Dynamics is the Army's prime contractor for WIN-T, which is part of General Dynamics Mission Systems' tactical voice and data communications systems, The Soldier's Network. Increment 1, now fully deployed, began fielding in 2004 and completed fielding in 2012. [17]
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Currently, General Dynamics carries a Zacks Rank #3 (Hold). In the past year, shares of GD have rallied 23.8% against the industry’s decline of 10.5%. You can see the complete list of today’s ...
In 2012 SAIC was ordered to pay $500 million to the City of New York for overbilling the city over a period of seven years on the CityTime contract. In 2014 Gerard Denault, SAIC's CityTime program manager, and his government contact were sentenced to 20 years in prison for fraud and bribery related to that contract.
A separate October 2013 report by the San Diego Business Journal ranked contractors by the number of local employees. The top three contractors were General Atomics, Northrop Grumman, and General Dynamics-NASSCO. In September 2020, a $7.4 billion contract for MQ-9 Reaper drones was announced between the U.S. Air Force and General Atomics. The ...