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Stock Market & Financial Investment News

News Breaks
January 4, 2013
11:06 EDTNOC, GDGeneral Dynamics Canada awarded C$32M NATO surveillance program contract
General Dynamics Canada (GD) has been awarded a C$32M contract by Northrop Grumman Corporation (NOC) for communications network technology for the NATO Alliance Ground Surveillance program. Under this contract, General Dynamics Canada will provide the software that will control the AGS Communications Ground Control System. Development and production of the Alliance Ground Surveillance program is expected to take place over the next three years, with initial operation scheduled for November 2016. General Dynamics Canada will continue to provide in-service support for the system beyond 2016.
News For GD;NOC From The Last 14 Days
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June 29, 2015
07:22 EDTGDBWX Technologies would be M&A fit for Huntington Ingalls, says Deutsche Bank
Deutsche Bank noted that the planned spin-off of BWX Technologies (BWXT) from Babcock & Wilcox (BWC) is scheduled to be completed this week on July 1, stating that it believes the spun off company is likely to attract the attention of strategic players such as Huntington Ingalls (HII) and General Dynamics (GD). The firm thinks the potential M&A fit looks "most striking" for Huntington and estimates that a deal multiple could reach 10-11X the about $300M in EBITDA at BWX Technologies, which would likely be "worth the stretch" for the shipbuilder.
June 26, 2015
07:26 EDTGD, NOCSRA International exploring sale or IPO, Reuters reports
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June 24, 2015
10:00 EDTGDGeneral Dynamics receives $219M order for US Army's WIN-T increment 2 systems
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June 22, 2015
10:01 EDTNOCNorthrop Grumman awarded delivery $31.7M order from DMEA
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