General Dynamics Information Technology Secures $299M Contract To Support Pentagon's Network Infrastructure Through DISA's JSP ETM-NG Program, With One-Year Base Period And Two Six-Month Options
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General Dynamics Information Technology has secured a $299 million contract to support the Pentagon's network infrastructure through DISA's JSP ETM-NG program. The contract includes a one-year base period and two six-month options.
September 19, 2024 | 7:42 pm
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General Dynamics Information Technology, a subsidiary of General Dynamics, has been awarded a $299 million contract to enhance the Pentagon's network infrastructure. This contract is part of DISA's JSP ETM-NG program and includes a one-year base period with two six-month options.
The $299 million contract is significant for General Dynamics as it enhances their revenue stream and strengthens their relationship with the Pentagon. The contract's structure, with a one-year base period and two six-month options, provides potential for extended engagement and revenue. This news is likely to positively impact GD's stock price in the short term.
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