GDIT Awarded $299 Million Contract to Support Pentagon's Network Infrastructure
Rhea-AI Summary
General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), has been awarded a $299 million contract by the Defense Information Systems Agency (DISA) to support the Pentagon's network infrastructure. The contract, part of the Joint Service Provider Enterprise Transport Management-Next Generation (JSP ETM-NG) program, has a one-year base period with two six-month options.
Under this contract, GDIT will:
- Continue operating and maintaining the Pentagon and National Capitol Region's network infrastructure, supporting over 55,000 customers
- Optimize the IT environment
- Improve the speed, security, and reliability of the network infrastructure
This partnership aims to enhance technological superiority for warfighters by providing a modern, secure, and reliable network.
Positive
- Secured a $299 million contract to support Pentagon's network infrastructure
- Contract includes a one-year base period with two six-month options
- Opportunity to optimize IT environment and improve network infrastructure
- Continues long-standing partnership with DISA
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, GD gained 0.78%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Under the program, GDIT will continue to operate and maintain the Pentagon and National Capitol Region's network infrastructure, which supports more than 55,000 customers. The company will also optimize the IT environment and improve the speed, security and reliability of the network infrastructure.
"Enhancing the Pentagon's network infrastructure will further advance technological superiority for our warfighters," said Brian Sheridan, GDIT's senior vice president for Defense. "We look forward to continuing our long-standing partnership with DISA and reimagining new ways to provide a modern, secure and reliable network."
GDIT is a business unit of General Dynamics, a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people worldwide and generated
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SOURCE General Dynamics