General Dynamics gets NASA contract worth up to $642 million

General Dynamics gets NASA contract up to $642M

SCOTTSDALE, Ariz. — A division of General Dynamics Corp. has been awarded a NASA contract for satellite work that could be worth up to $642 million.

The seven-year contract announced Thursday is for work modernizing the ground system and network for the space agency’s Tracking Data and Relay Satellite constellation.

The contract was awarded to the General Dynamics C4 Systems business, a unit that focuses on communications and information technology.

Shares of General Dynamics rose 2 cents to close at $66.31.