Monitor GD's next quarterly backlog disclosure for inclusion of this award. The contract reinforces GDIT's standing in federal cloud modernization, a growth area within the IT services segment.
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Executive Summary
General Dynamics' IT subsidiary received a $60.5M contract from the Department of Commerce for enterprise cloud modernization. The award is a meaningful but not transformative addition to the company's federal IT portfolio, reinforcing its position in government cloud services.
Key Financial Metrics
Key Facts
- Award amount: $60,488,251.95
- Awarding agency: Department of Commerce
- Contract type: Enterprise Cloud Modernization (ECM)
- Recipient: General Dynamics Information Technology, Inc. (subsidiary of GD)
- Award date: 2026-10-01
- Period of performance start: 2026-10-01
Financial Impact
$60.5M contract award; revenue impact as a percentage of GD's total revenue is not calculable from available data.
Risk Factors
- Funding risk from potential continuing resolutions or government shutdowns
- Execution risk on cloud migration timelines and milestones
- Government contract margins may be lower than GD's corporate average
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-1333BJ27C00280001 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 2d ago | Press Release | $349.30 | awaiting T+5 | — | $354.76 (+1.56%) |
Oct 7, 2026 18d ago | 8-K | $328.31 $337.03 | ▲ +2.66% | ▲ +2.93% | $354.76 (+8.05%) |
Oct 6, 2026 19d ago | SC 13D/A | $326.63 $334.66 | ▲ +2.46% | ▲ +3.44% | $354.76 (+8.61%) |
Oct 1, 2026 25d ago | GOVT-CONTRACT | $330.09 $331.27 | ▲ +0.36% | ▼ −0.80% | $354.76 (+7.47%) |
Sep 30, 2026 26d ago | GOVT-CONTRACT | $332.72 $329.90 | ▼ −0.85% | ▼ −2.15% | $354.76 (+6.62%) |
Sep 25, 2026 4w ago | GOVT-CONTRACT | $334.16 $331.72 | ▼ −0.73% | ▼ −1.93% | $354.76 (+6.16%) |
Sep 24, 2026 4w ago | GOVT-CONTRACT | $336.72 $330.09 | ▼ −1.97% | ▼ −1.75% | $354.76 (+5.36%) |
Sep 24, 2026 4w ago | GOVT-CONTRACT | $336.72 $330.09 | ▼ −1.97% | ▼ −1.75% | $354.76 (+5.36%) |
Sep 17, 2026 5w ago | GOVT-CONTRACT | $353.05 $336.72 | ▼ −4.63% | ▼ −5.89% | $354.76 (+0.48%) |
Aug 28, 2026 8w ago | GOVT-CONTRACT | $371.35 $356.58 | ▼ −3.98% | ▼ −3.84% | $354.76 (−4.47%) |
US Market Status
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