General Dynamics C4 system, a business wing of the aerospace
and defense company
General Dynamics Corporation
), has entered into an agreement with the U.S. Army for the
supply of 2,025 new secure radios to the soldiers of the Nett
Warrior Program. The production order, valued at $11.0 million,
involves engineering support and related equipment
The Nett warrior radios are a part of the Hydrologic Modeling
System ("HMS") program. The Nett Warrior radios belong to the
family of Handheld Manpack Small Form Fit radios and weigh less
than two pounds. The delivery of the radios is expected to start
from early 2013.
Nett Warrior is a program that offers integrated situational
awareness and mission command for foot soldiers. Including the
Nett Warrior radios, General Dynamics has supplied over 26,000
HMS radios to the U.S. Army. These light high-tech radios allow
soldiers to have secure mobile voice, video and data
communications using the government's Soldier Radio, Wideband
Networking and Mobile User Objective System Waveforms.
Waveforms transmit information to a tactical network from a
radio and provide network protocols, security, routing and
physical signal functions.
General Dynamics sustained its series of contract wins in the
third quarter 2012 helping the company fetch stable returns. The
company's aerospace business looks encouraging and is expected to
witness production ramp-up, thereby contributing to near-term
top-line growth. Also, the company's favorable military vehicle
business and strong backlog orders will add to profitability.
However, defense budgetary cutbacks will remain tighter and
could impede the company's future growth opportunities. This
falling knife of federal budget is rife across the sector. Thus,
General Dynamics along with its peers -
The Boeing Company
Northrop Grumman Corporation
) - shares a short-term Zacks #3 Rank (Hold rating).
The Zacks Consensus Estimates for the fourth quarter and full
year 2012 are currently pegged at $1.97 per share and $7.01 per
Based in Falls Church, Virginia, General Dynamics engages in
mission-critical information systems and technologies; land and
expeditionary combat vehicles, armaments and munitions;
shipbuilding and marine systems; and business aviation. The
company operates through four segments: Information Systems &
Technology, Combat Systems, Marine Systems, and Aerospace.
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