Contract Awards Overview

General Dynamics (NYSE:GD) received two defense contracts from the U.S. Department of War totaling $273.2 million, as announced on 1 August 2026.

Mission Systems Contract

General Dynamics Mission Systems, located in Taunton, Massachusetts, was awarded a $229.7 million fixed‑price incentive modification to contract N00024‑21‑C‑6425. The award covers the procurement of 188 additional Hammerhead units and eight complementary support equipment sets. Work will be performed at five locations: Taunton, MA (55%); Braintree, MA (15%); Lincoln, NE (13%); Wilmington, MA (10%); and Accident, MD (7%). The contract is slated for completion by October 2028. Fiscal 2025 Navy weapons procurement funds of $229.7 million are obligated at award and will not expire at the end of the current fiscal year. The contracting activity is Naval Sea Systems Command in Washington, D.C., and the award was made without competition under 10 U.S. Code 3204(a)(1).

One Source LLC Contract

General Dynamics One Source LLC, based in Falls Church, Virginia, received a $43.6 million firm‑fixed‑price modification to contract N0001924C0057. The modification adds scope for transitional information technology, information assurance, and cybersecurity services supporting the F‑35 Joint Strike Fighter program. Work distribution is: Arlington, VA (79.9%); Edwards Air Force Base, CA (5.5%); Patuxent River, MD (3.7%); Fort Worth, TX (3.1%); Eglin AFB, FL (2.4%); China Lake, CA (1.2%); Wright‑Patterson AFB, OH (1.2%); and other continental U.S. locations (3%). Completion is expected in July 2027. Obligated funds at award include Fiscal 2026 Air Force aircraft procurement $40.4 million, Fiscal 2026 Navy operations and maintenance $380,836, Fiscal 2026 Marine Corps operations and maintenance $125,000, and Foreign Military Sales customer funds $2.6 million. The contracting activity is Naval Air Systems Command in Patuxent River, Maryland.

Financial Impact

The combined contract value of $273.2 million adds to General Dynamics’ order backlog and reflects continued U.S. defense spending on naval and air‑force platforms. All obligated funds are earmarked for FY 2025 and FY 2026 and are not subject to expiration at the end of the current fiscal year.