What's Going On With General Dynamics Stock Thursday? - General Dynamics (NYSE:GD)

General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE: GD), announced Thursday that it was awarded an enterprise IT modernization contract to strengthen the U.S. Strategic Command’s (STRATCOM) operational readiness. The new $1.5 billion contract, awarded in May, covers a one-year base period and six option years. STRATCOM is responsible for strategic deterrence, global strike, nuclear command and control, and electromagnetic spectrum operations.The command needs a resilie ...