General Dynamics Bags $491.6M Contract From The Space Development Agency
Portfolio Pulse from Benzinga Newsdesk
General Dynamics has secured a $491.6 million contract from the Space Development Agency to develop a ground system for PWSA and perform enterprise integration for the T2 constellation. The contract involves collaboration with Iridium for various services.
September 04, 2024 | 9:14 pm
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General Dynamics has been awarded a $491.6 million contract by the Space Development Agency to develop a ground system and perform enterprise integration for the T2 constellation. This contract is likely to boost GD's revenues and strengthen its position in the space sector.
The contract is significant in size ($491.6M) and involves key responsibilities in developing and integrating systems for the Space Development Agency. This is likely to positively impact GD's revenues and market position in the short term.
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