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News Breaks
April 15, 2014
07:51 EDTGD, BAESYGeneral Dynamics chooses to skip GAO protest over Army car plan, Reuters says
General Dynamics (GD) said it would not ask the congressional Government Accountability Office to rule on a U.S. Army vehicle competition that it says is skewed to favor its rival, Britain's BAE Systems (BAESY), according to Reuters, citing a statement from a General Dynamics spokesman. The spokesman said, "We will continue to discuss the AMPV program with the U.S. Department of Defense and the Congress. We do not believe a GAO protest is the right forum for this issue and we will not file one." Reference Link
News For GD;BAESY From The Last 14 Days
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March 25, 2015
10:00 EDTGDOn The Fly: Analyst Upgrade Summary
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08:08 EDTGDGeneral Dynamics upgraded at RBC Capital
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06:19 EDTGDGeneral Dynamics upgraded to Outperform from Sector Perform at RBC Capital
March 23, 2015
17:32 EDTBAESYBAE Systems awarded $383.03M government contract
BAE Systems has been awarded a maximum $383.03M firm-fixed-price, requirements-type contract for support of multiple weapon systems platforms. Estimated value cited is based on demand quantities for the life of the contract. This contract was a sole-source acquisition. This is a five-year base contract with one five-year option period. Location of performance is Indiana, with a March 19, 2020, performance completion date.
08:13 EDTGDBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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March 17, 2015
13:01 EDTGDGeneral Dynamics unit selected for $1.3M task order
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