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General Dynamics names new CFO, makes other leadership changes
Reston-based General Dynamics, the world’s sixth-largest aerospace and defense company, announced a slew of personnel changes Friday, including a new chief financial officer. Kim Kuryea, currently senior vice president of human resources and administration, will become General Dynamics’ CFO on Feb. 15, replacing Jason Aiken, who will focus solely on his role as executive vice […[...]
GDIT lands $450M CMS contract
Falls Church-based federal contractor General Dynamics Information Technology won a $450 million Centers for Medicare & Medicaid Services contract, the General Dynamics subsidiary announced Thursday. Under the contract, GDIT will continue operating and modernizing CMS’ Healthcare Integrated General Ledger Accounting System (HIGLAS), an accounting system that standardizes federal financia[...]
HII, General Dynamics sued by marine engineers
A group of naval engineers filed a federal class action lawsuit on Oct. 6 against 20 large government contractors and shipbuilders, including Virginia-based General Dynamics and Huntington Ingalls Industries, claiming that the corporations have for decades “maintained an illegal agreement not to actively recruit, or ‘poach,’ each other’s employees,” thus depriving nav[...]
Propelling forward
A massive building is rising on the northernmost point of Newport News Shipbuilding on the James River, physical evidence of the shipyard’s ambitious plan to build the Navy’s next generation of Virginia-class submarines as well as components for a dozen Columbia-class boats. Not as visible, but just as important as the new Multi-Class Submarine Production […]
GDIT names new chief growth officer
Falls Church-based General Dynamics Information Technology has named Paul Tartaglione as its new chief growth officer, the company, a subsidiary of Fortune 500 contractor General Dynamics, announced Monday. Tartaglione started in his new role Monday. He joined GDIT from McLean-based Fortune 500 management consultancy Booz Allen Hamilton, where he most recently served as senior vice […]
Federal Contractors | Technology 2023: PHEBE N. NOVAKOVIC
Since 2013, Novakovic has led the world’s sixth largest aerospace and defense company, with 105,000 employees worldwide and revenue of $39.4 billion in fiscal 2022. Ranked No. 30 on Forbes’ 2022 World’s 100 Most Powerful Women list, she is a Smith College and University of Pennsylvania Wharton School graduate and is one of the highest […]
Navy awards $1.1B more for sub construction
General Dynamics Corp.’s Groton, Connecticut-based Electric Boat Corp. has received nearly $1.1 billion more from the Navy to continue building Virginia-class submarines, and its teammate, Newport News Shipbuilding, has received a $305 million chunk of that award to procure long-lead time material and components for the next two hulls. The contract modification, announced by the […]
Hampton Roads shipyards receive nearly $1B in Navy contracts
The Pentagon has announced nearly $1 billion in Navy contracts for work on vessels in Hampton Roads. Under one contract, valued at $847 million, Reston-based General Dynamics Corp.’s Norfolk-based shipyards will support emergent work, continuous maintenance, pre-refueling complex overhaul availabilities, ship terminal offload program availability and scheduled work on aircraft carriers in th[...]
GDIT lands $1.8B Army flight sim contract
Falls Church-based General Dynamics Information Technology Inc. will provide flight simulation training services to the Army under a nearly $1.8 billion contract announced, the Pentagon announced Thursday. Work is estimated to be completed March 31, 2035, with locations and funding to be determined with each order. Also on Thursday, GDIT announced it received two contracts […]
The 2023 Heavy Hitters list
Virginia Business’ annual list of the commonwealth’s 50 most powerful and influential leaders provides our editors’ take on the heaviest-hitting of heavyweights in business, government, nonprofits and higher education. Think of it as an executive committee for the leaders populating our annual Virginia 500 issue — the top 10% of the state’s power elite. And […]
General Dynamics’ Electric Boat lands $5.1B submarine contract
General Dynamics Corp.’s Groton, Connecticut-based Electric Boat Corp. has received a $5.1 billion contract modification for the Columbia-class ballistic-missile submarine program, the Pentagon announced Wednesday. The contract includes missile long-lead material and missile tube manufacturing, advance procurement and construction, material procurement, production backup, and planned equipme[...]
Stairway to heaven
Nationally, CEO pay in 2021 reached historic highs for the second year in a row, and Virginia was no exception to this trend. The CEOs of Virginia’s largest publicly traded companies were rewarded handsomely last year, with CEO compensation rising 4.9% year-over-year to an average $8.467 million compensation package, compared with $8.068 million in 2020. […]
