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Stock Market & Financial Investment News

News Breaks
January 16, 2013
10:02 EDTGDGeneral Dynamics awarded $51.7M for maintenance work on USS Mississippi
General Dynamics Electric Boat has been awarded a $51.7M million contract modification by the U.S. Navy to plan and perform the post-shakedown availability, or PSA, on the nuclear submarine USS Mississippi; SSN-782. Electric Boat is a wholly owned subsidiary of General Dynamics. The PSA includes maintenance, repairs, alterations and testing. It will be performed at Electric Boat's Groton shipyard. Up to 400 employees will be engaged in the work, which is scheduled for completion by December. Initially awarded in April 2012, the contract has a total potential value of $67M.
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June 12, 2013
11:39 EDTGDPentagon indicates deep cuts to contractors, Government Executive reports
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June 6, 2013
08:06 EDTGDBofA/Merrill's aerospace/defense analyst holds analyst/industry conference call
Aerospace & Defense Analyst Epstein, along with Richard Aboulafia, Vice President of Analysis at Teal Group, preview the upcoming Paris Air Show (6/17-6/23) on an Analyst/Industry conference call. Relevant covered companies BA, BEAV, COL, CR, DGI, ERJ, ESL, GD, GRMN, HEI, HII, HXL, LLL, LMT, NOC, PCP, ROLL, RTN, SPR, TDG, TGI, TXT, UTX, VSAT and WAIR may be included on the Analyst/Industry conference call to be held on June 11 at 10 am.

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