Gulfstream Gets $696 Million in Contracts for U.S. Air Force Special Missions Support
March 09 2021 - 2:58PM
Dow Jones News
By Michael Dabaie
General Dynamics Corp.'s Gulfstream Aerospace Corp. subsidiary
said Tuesday it was awarded $696 million in contracts for U.S. Air
Force special missions support.
The company said it was awarded the contracts from the U.S. Air
Force Life Cycle Management Center for engineering services support
and contractor logistics for C-20 and C-37 aircraft.
The engineering services contract is a $612 million 10-year
renewal of a prior ESC. The contractor logistics support award for
$84 million exercises option year four of an existing CLS contract,
bringing its cumulative face value to $594 million.
Gulfstream provides dedicated resources supporting C-20G, C-37A
and C-37B aircraft for the U.S. Air Force, Army and Navy.
Gulfstream's government program and special missions office
provides engineering services, aircraft modifications,
configuration management, data delivery and publication management.
Gulfstream Customer Support provides field services and technical
operations support.
Gulfstream said it will perform the work in Savannah, Ga.; Joint
Base Andrews, Md.; Ronald Reagan Washington National Airport,
Washington, D.C.; Hickam Air Force Base and Marine Corps Base,
Hawaii; and Ramstein Air Base, Germany.
General Dynamics shares were down 1.6%, to $170.02, in afternoon
trading.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
March 09, 2021 14:43 ET (19:43 GMT)
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