GD News & Events

General Dynamics was awarded a $209.34M modification to a contract for the Abrams Engineering program. The modification brings the total cumulative face value of the contract to $849.9. Work will be performed in Warren, Michigan, with an estimated completion date of Nov. 26, 2031. Fiscal 2026 research, development, test and evaluation, Army funds in the amount of $209.34M were obligated at the time of the award. Army Contracting Command is the contracting activity.

Israel is considering U.S. listings for state-owned defense companies Israel Aerospace Industries and Rafael Advanced Defense Systems to potentially avoid stricter domestic disclosure rules, with officials expected to visit the U.S. in July to evaluate IPO options, Bloomberg's Galit Altstein reports. According to an Israeli official familiar with the trip, possibilities include either a primary or dual listing. Publicly traded companies in the space include BAE Systems (BAESY), Boeing (BA), GE Aerospace (GE), General Dynamics (GD), HII (HII), L3Harris Technologies (LHX), Lockheed Martin (LMT), Northrop Grumman (NOC) and RTX (RTX).