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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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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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August 14, 2014
10:01 EDTGDGD C4 Systems SATCOM Technologies receives contract from Lockheed
General Dynamics (GD) C4 Systems SATCOM Technologies received a contract from Lockheed Martin (LMT) to design and build the ground structures and integrate the mechanical systems for the U.S. Air Force Space Fence program. The new advanced ground-based radar system will enhance the way the U.S. detects and tracks more than 100K orbiting objects in space and increase the ability to prevent space-based collisions. The improved situational awareness will help protect space-based assets like the International Space Station from potential collisions that could severely damage, disable or destroy it. Construction of the Space Fence ground system will begin mid-2015 on the Kwajalein Atoll in the Republic of the Marshall Islands. The U.S. Air Force contract value awarded to Lockheed Martin is greater than $910M.

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