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Stock Market & Financial Investment News

News Breaks
December 28, 2012
17:30 EDTGDJames L. Jones to resign from General Dynamics board
In a regulatory filing, General Dynamics disclosed that on December 26, James L. Jones notified the company of his intention to resign from the company’s board of directors effective as of January 1, 2013.
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April 15, 2014
07:51 EDTGDGeneral 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
April 14, 2014
10:03 EDTGDGeneral Dynamics Canada to provide sonar system upgrades to Portuguese Navy
General Dynamics Canada is installing an adjunct processing system on three VASCO DA GAMA-class frigates of the Portuguese Navy. Designed by General Dynamics Canada, the ECLIPSE adjunct processor provides the in-service AN/SQS-510 sonar systems with enhanced operational capability to detect submarines and torpedoes.
April 10, 2014
10:03 EDTGDGeneral Dynamics awarded $23M by Space and Naval Warfare Systems Command
General Dynamics Information Technology has been awarded the Joint Effects Model Increment 2 contract by the Space and Naval Warfare Systems Command. The cost plus fixed-fee award has a potential value of $23.5M over five years if all options are exercised. Under this contract, General Dynamics will develop software that will serve as the foundation for the JEM Increment 2 System as well as the software architecture for the JEM science and technology prototype.
April 4, 2014
14:31 EDTGDGeneral Dynamics unit awarded $11M contract from U.S Navy
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