New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 1, 2013
10:01 EDTGDGeneral Dynamics awarded $41.6M conract modification by U.S. Navy
The U.S. Navy has awarded General Dynamics Electric Boat a $41.6M contract modification to perform routine maintenance and modernization work on the USS Hartford, a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the terms of the contract, Electric Boat will perform a dry-docking selected restricted availability, which consists of maintenance work, upgrades and modernization activities required to ensure the submarine is operating at full technical capacity. The work will take place at the Electric Boat shipyard in Groton and involve up to 417 employees at its peak. It is scheduled for completion in July. The contract was initially awarded in April 2012 and has a potential value of $58.7M if all options are exercised.
News For GD From The Last 14 Days
Check below for free stories on GD the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 23, 2014
09:38 EDTGDGeneral Dynamics sees FY effective tax rate 30.5%-31%
Says expect cash contributions to its pension plans in 2014 to be around $550M, with the bulk in 2H, specifically in Q3. Says the current activities in the Ukraine and Russia have not affected its operations. Sees FY14 aerospace in the 17% margin range. Says strong backlog is "harbinger" of strong sales performance. Says well positioned on defense side.
09:10 EDTGDGeneral Dynamics raises FY EPS $7.05-$7.10 from $6.80-$6.85
Subscribe for More Information
07:22 EDTGDGeneral Dynamics reports Q1 operating margins of 11.9%
Subscribe for More Information
07:03 EDTGDGeneral Dynamics reports Q1 EPs $1.71, consensus $1.64
Subscribe for More Information
April 22, 2014
15:32 EDTGDNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Procter & Gamble (PG), consensus $1.02; Boeing (BA), consensus $1.56; Biogen Idec (BIIB), consensus $2.56; Dow Chemical (DOW), consensus 71c; EMC Corporation (EMC), consensus 35c; Thermo Fisher (TMO), consensus $1.40; Praxair (PX), consensus $1.51; General Dynamics (GD), consensus $1.64; Johnson Controls (JCI), consensus 65c; Norfolk Southern (NSC), consensus $1.15; Reynolds American (RAI), consensus 74c; Delta Air Lines (DAL), consensus 29c; Northrop Grumman (NOC), consensus $2.15; Air Products & Chemicals (APD), consensus $1.35; TD Ameritrade (AMTD), consensus 34c; Ingersoll-Rand (IR), consensus 26c; Dr Pepper Snapple (DPS), consensus 59c; Polaris Industries (PII), consensus $1.16; Ryder System (R), consensus 87c.
10:02 EDTGDGeneral Dynamics awarded $32.7M contract modification by U.S. Navy
The U.S. Navy has awarded General Dynamics American Overseas Marine, or AMSEA, a $32.7M contract modification to operate and maintain seven large, medium-speed, roll-on / roll-off ships, or LMSR, for the Military Sealift Command. AMSEA is a wholly owned subsidiary of General Dynamics. Under the terms of the modification, AMSEA will provide services including crewing, engineering, maintenance, procurement and provisioning. Initially awarded in 2010, the contract has a potential value of $238M over seven years.
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.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use