GDIT Awarded $185 Million Task Order to Provide Global Cybersecurity Services for U.S. Air Force Civil Engineer Center

Rhea-AI Summary

General Dynamics Information Technology (GDIT) was awarded a $185 million task order by the U.S. Air Force Civil Engineer Center (AFCEC) to provide global cybersecurity services. This contract, granted by the 772nd Enterprise Sourcing Squadron at Tyndall Air Force Base, covers a one-year base period with four option years. GDIT will secure industrial control systems at 188 installations worldwide, enhancing building automation, life safety, utility monitoring, and airfield control systems. The company aims to mitigate cybersecurity risks using its expertise in cybersecurity and zero trust. GDIT has a longstanding partnership with the Air Force and has previously won significant contracts, including a $4.5 billion indefinite-delivery/indefinite-quantity security support services contract. General Dynamics, GDIT's parent company, generated $42.3 billion in revenue in 2023 and employs over 100,000 people globally.

Positive

• GDIT secured a $185 million task order, reinforcing their partnership with the U.S. Air Force.
• The task order includes a one-year base period and four option years, creating potential long-term revenue (GD).
• The contract involves securing 188 installations worldwide, showcasing GDIT's extensive reach and capabilities.
• GDIT will leverage its cybersecurity and zero trust expertise, highlighting its technological edge.
• General Dynamics generated $42.3 billion in revenue in 2023, indicating strong financial health.
• GDIT's prior $4.5 billion contract win underlines its proven track record in securing major contracts.

Negative

• The task order is a recompete, suggesting potential fierce competition and no guaranteed future wins.
• Dependence on government contracts can lead to revenue volatility due to policy and budget changes.
• There is no mention of specific financial gains or new revenue streams beyond the $185 million task order.

Company will secure industrial control systems at 188 installations worldwide

FALLS CHURCH, Va., May 17, 2024 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), announced today that it was awarded a $185 million recompete task order to provide cybersecurity services for the Air Force Civil Engineer Center (AFCEC). The task order, awarded by the 772^nd Enterprise Sourcing Squadron at Tyndall Air Force Base, Fla., has a one-year base period and four option years.

AFCEC, a subordinate unit of the Air Force Installation and Mission Support Center, is responsible for facility investment planning, design and construction, property management and environmental compliance and restoration. GDIT will research and develop new strategies to mitigate cybersecurity risks to the Air Force's industrial control systems. These systems include building automation, life safety, utility monitoring and airfield control. The company will leverage its cybersecurity and zero trust expertise to perform this work at 188 installations worldwide.

"Protecting our operational technologies from our adversaries is vital to our national security," said Brian Sheridan, GDIT's senior vice president for Defense. "As a long-standing partner of the Air Force, we look forward to reimagining new ways to secure its critical infrastructure."

For more than 50 years, GDIT has supported the Air Force with critical programs, including those in support of global intelligence, surveillance, and reconnaissance missions, automation of security services, and advancement of digital engineering. Last year, the company won one of its biggest Air Force programs when it swept all initial task orders on a $4.5 billion indefinite-delivery/indefinite quantity security support services contract.

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 $42.3 billion in revenue in 2023. More information about General Dynamics Information Technology is available at www.gdit.com. More information about General Dynamics is available at www.gd.com.

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SOURCE General Dynamics Information Technology

FAQ

What is the value of the task order awarded to GDIT by the U.S. Air Force?

GDIT was awarded a $185 million task order.

Which organization awarded GDIT the cybersecurity services task order?

The task order was awarded by the U.S. Air Force Civil Engineer Center (AFCEC).

How long is the base period for the GDIT task order?

The base period for the task order is one year.

How many option years does the GDIT task order include?

The task order includes four option years.

What systems will GDIT secure under the task order?

GDIT will secure industrial control systems including building automation, life safety, utility monitoring, and airfield control.

How many installations will GDIT service under this task order?

GDIT will service 188 installations worldwide.

What expertise will GDIT leverage for the task order?

GDIT will leverage its cybersecurity and zero trust expertise.

What was General Dynamics' revenue in 2023?

General Dynamics generated $42.3 billion in revenue in 2023.