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Stock Market & Financial Investment News

News Breaks
December 21, 2012
17:11 EDTGDGeneral Dynamics unit awarded $1.85B government contract
Electric Boat, a unit of General Dynamics (GD), is being awarded a $1.85B cost-plus-fixed-fee with special incentives contract for design work and products for the new class of ballistic missile submarines. This contract includes foreign military sales to the United Kingdom. This contract includes options which, if exercised, would bring the cumulative value of this contract to $1.99B. Work is expected to be completed by September 2017. Contract funds in the amount of $183.11M will be obligated at the time of award. Contract funds in the amount of $7.97M will expire at the end of the current fiscal year.
News For 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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