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General Dynamics Corporation said Monday it has agreed to buy Force Protection Inc., which makes armored vehicles, in a deal worth about $360 million. Force Protection, which is based in Summerville, S.C., will become a part of General Dynamics Land Systems, the defense contractor’s Sterling Heights, Mich.-based designer and manufacturer of Abrams main battle tanks and Stryker infantry combat vehicles. Falls Church, Va.-based General Dynamics Corp. said the addition of Force Protection... Read Full Story

The economic impact of spending deductions for the acquisition of military equipment (e.g .,small arms, ordinance, wireless communications, aircraft and aircraft engines, guided missiles, ships and armored vehicles and tanks) will significantly exceed the initial dollar value of these spending reductions as measured by lost jobs and personal income (salary and wages), reduced non-wage expenditures, and a decreased rate of economic growth – gross domestic product, the value of goods and... Read Full Story

The littoral combat ship Pre-Commissioning Unit (PCU) Fort Worth (LCS 3) is underway in Green Bay, Wis. Fort Worth is undergoing builder’s trials at the Marinette Marine Corporation Shipyard before delivery to the U.S. Navy in 2012. Fort Worth LCS 3 | Fort Worth (LCS 3) (click for larger image) (U.S. Navy photo courtesy of Marinette Marine Corporation/Released) Related Posts Navy Orders Second LCS — General Dynamics | LCS | Littoral | Littoral Combat Ships | Lockheed Martin... Read Full Story

Bethesda-based Lockheed Martin Corporation (NYSE:LMT) has completed its acquisition of QTC Holdings Inc moving deeper into the healthcare industry. Lockheed Martin originally broadcasted the intent to purchase QTC Holdings on August 22, 2011. The terms of the acquisition were not disclosed. Established in 1981, QTC Holdings Inc based in Diamond Bar, CA., is the U.S. Department of Veterans Affairs largest supplier of outsourced medical evaluation services. The company processed more than... Read Full Story

General Dynamics ( NYSE:GD ) has completed its acquisition of healthcare IT provider Vangent Inc. for approximately $960 million cash. General Dynamics expects the move will increase its earnings in 2012. Vangent will become part of the company’s IT business unit, GDIT. Vangent’s core offerings include health informatics and information exchange, electronic health records and data analytics. The company also provides business process outsourcing solutions and systems. Its customers... Read Full Story

The U.S. Marine Corps Systems Command has awarded General Dynamics Land Systems-Canada an US$87.3 million contract to modify 425 RG-31 Mine Resistant Ambush Protected () vehicles. The contract provides for the upgrade of various components, including the transfer case, bonnet assembly, exhaust, tyre inflation system, Skydex blast-absorbing flooring material, electrical harness, and remote weapon station, amongst others. 70% of the work will be carried out in Benoni, South Africa, while... Read Full Story

The GDI Contractors Luncheon is held monthly on the third Friday. Description: GDI Contractors Luncheon 20110819 Host/Location:  Butzel Long, Stoneridge West, 41000 Woodward Avenue, Bloomfield Hills MI 48304 ( map ) Event ID: gdilunch20110916 Register/RSVP : Please REGISTER to attend the event. Sponsor/Contact: Butzel Long Site: butzel.com Topic/Speaker: Raanan Horowitz - >Chief Executive Officer of Elbit Systems of America and President of Elbit Systems of America Questions... Read Full Story

Return on Investment for Electronic Health Records: One Physician’s Perspective #ehr #emr #hit Related Posts With so many companies providing RFID systems, and so many expensive choices, how do you buy smart? "> With so many companies providing RFID systems, and so many expensive choices, how do you buy smart? "> With so many companies providing RFID systems, and so many expensive choices, how do you buy smart? ">10 Tips: Getting ROI from RFID — Logistics | RFID | Strategy | tips... Read Full Story

The US Army has awarded two contracts to BAE Systems Land and Armaments ($449.9m), and General Dynamics (GD) Land Systems ($439.7m), for the Ground Combat Vehicle ( ) program technology development phase. [table id=20 /] On Aug. 18, 2011, the U.S. Army Contracting Command in Warren, Mich., announced the award of two contracts for the technology development (TD) phase of the Army’s Ground Combat Vehicle () Infantry Fighting Vehicle (). The fixed-price-incentive-fee contracts were awarded... Read Full Story

Please join us for a private reception supporting Congressman Hansen Clarke (MI-13). Please RSVP by Wednesday, August 24, 2011 For more information, or to RSVP, please visit Congressman Hansen Clarke Reception . Related Posts Senator Hansen Clarke Reception — Events | GDI | Hansen Clarke | Infrastructure | politics | TACOM | TARDEC permalink :  Congressman Hansen Clarke Reception topics : Admin , Defense , Government tagged : Defense , Events , GDI , government , Hansen... Read Full Story