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Stock Market & Financial Investment News

News Breaks
May 5, 2014
08:59 EDTCKH, GDSeacor Holdings announces JV with Avista Capital Partners
Seacor Holdings (CKH) announced it entered into a joint venture with Avista Capital Partners. Avista, through a wholly-owned subsidiary, invested approximately $150M in cash for a non-controlling ownership interest in Seacor subsidiaries operating a fleet of seven U.S.-flag Jones Act vessels used for U.S. coastwise trade of crude oil, petroleum and specialty chemical products as well as a contract for the construction of three 50,000 DWT product tankers with National Steel and Shipbuilding Company, a wholly-owned subsidiary of General Dynamics (GD), with expected deliveries in May 2016, October 2016 and March 2017. The vessels will continue to be managed and crewed by SEACOR subsidiaries pursuant to ship management and crew management agreements.
News For CKH;GD From The Last 14 Days
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September 2, 2014
14:02 EDTGDGeneral Dynamics to receive order for 600 infantry vehicles from U.K., FT says
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August 29, 2014
17:42 EDTGDGeneral Dynamics awarded $139.95M government contract modification
General Dynamics National Steel and Shipbuilding Co., San Diego, California, is being awarded a $139,953,434 modification to previously awarded cost-plus-award-fee contract N00024-08-C-4410 for USS Pearl Harbor fiscal 2014 extended dry-dock phased maintenance availability. An extended dry-dock phased maintenance availability includes the planning and execution of depot-level maintenance, alterations, and modifications that will update and improve the ship's military and technical capabilities. Work will be performed in San Diego, California, and is expected to be completed by August 2015. Fiscal 2014 operations and maintenance and fiscal 2014 other procurement funding in the amount of $139,953,434 will be obligated at the time of award. Contract funds in the amount of $106,492,103 will expire at the end of the current fiscal year. The Southwest Regional Maintenance Center, San Diego, California, is the contracting activity.
August 25, 2014
10:56 EDTGDU.S. Navy awards General Dynamics $100M contract for LCS program
The U.S. Navy awarded General Dynamics Bath Iron Works a $100M contract to provide planning yard services for the Littoral Combat Ship, LCS, program. General Dynamics Bath Iron Works is a business unit of General Dynamics.
10:02 EDTGDGeneral Dynamics awarded contract to implement Massachusetts NG9-1-1
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August 20, 2014
17:21 EDTGDBAE Systems, General Dynamics, three others awarded $2.53B government contract
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