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Stock Market & Financial Investment News

News Breaks
January 18, 2013
10:01 EDTGDGeneral Dynamics unit awarded $12.8M contract from U.S. Navy
The U.S. Navy has awarded General Dynamics Electric Boat a $12.8M contract modification for the continued development of the Common Missile Compartment for the U.S. Ohio Replacement Program and the United Kingdom's Successor ballistic-missile submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (GD). Under the modification, Electric Boat will procure prototype material and equipment to be used in the production of the Common Missile Compartment. The award modifies a $76M contract announced in December 2008 for engineering, technical services, concept studies and design of a Common Missile Compartment for the next-generation ballistic missile submarines being developed for the U.S. Navy and the Royal Navy. This modification brings the total amount awarded under the contract to more than $770M.
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May 15, 2013
16:55 EDTGDBerkshire Hathaway gives quarterly update on stakes
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May 13, 2013
11:29 EDTGDPentagon contracts tumbled in April, Washington Post says
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10:38 EDTGDOshkosh vehicle design rejected by Pentagon, Defense News says
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