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Stock Market & Financial Investment News

News Breaks
January 31, 2013
10:01 EDTGDGeneral Dynamics awarded $27M to support Los Angeles airport security
General Dynamics Information Technology, a business unit of General Dynamics, was awarded a contract by the City of Los Angeles, Los Angeles World Airports, to enhance the closed circuit television (CCTV) and video management and storage system at the Los Angeles International Airport. The contract has a potential value of $27.3M over three
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June 29, 2015
07:22 EDTGDBWX Technologies would be M&A fit for Huntington Ingalls, says Deutsche Bank
Deutsche Bank noted that the planned spin-off of BWX Technologies (BWXT) from Babcock & Wilcox (BWC) is scheduled to be completed this week on July 1, stating that it believes the spun off company is likely to attract the attention of strategic players such as Huntington Ingalls (HII) and General Dynamics (GD). The firm thinks the potential M&A fit looks "most striking" for Huntington and estimates that a deal multiple could reach 10-11X the about $300M in EBITDA at BWX Technologies, which would likely be "worth the stretch" for the shipbuilder.
June 26, 2015
07:26 EDTGDSRA International exploring sale or IPO, Reuters reports
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June 24, 2015
10:00 EDTGDGeneral Dynamics receives $219M order for US Army's WIN-T increment 2 systems
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