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Stock Market & Financial Investment News

News Breaks
January 17, 2013
10:05 EDTGDGeneral Dynamics, Alenia Aermacchi to compete for T-X trainer program
General Dynamics and Alenia Aermacchi, a Finmeccanica company, announced the signing of a Letter of Intent to join forces and compete for the U.S. Air Force's T-X trainer program, which will replace aging T-38 trainer jets and related training systems. The agreement leverages General Dynamics' legacy of successfully integrating and delivering large, complex systems to the U.S. Air Force, Army, Navy and other government customers with Alenia Aermacchi's proven jet training aircraft and demonstrated manufacturing capability. General Dynamics C4 Systems, a business unit of General Dynamics, will serve as the prime contractor.
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