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Stock Market & Financial Investment News

News Breaks
March 26, 2013
10:01 EDTGDGeneral Dynamics awarded $26M for MK46 Naval Weapon Systems
General Dynamics Land Systems, a business unit of General Dynamics, has been awarded a $25.7M contract to produce eight MK46 30mm Naval Weapon Systems for the U.S. Navy for use on San Antonio-class ships and the Littoral Combat Ship class. Work will be performed by the existing workforce at General Dynamics Land Systems facilities in Woodbridge, Va.; Tallahassee, Fla.; Lima, Ohio; Westminster, Md.; Sterling Heights, Mich.; and Scranton, Pa. Deliveries are scheduled to begin in September 2014.
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August 20, 2014
17:21 EDTGDBAE Systems, General Dynamics, three others awarded $2.53B government contract
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August 14, 2014
10:01 EDTGDGD C4 Systems SATCOM Technologies receives contract from Lockheed
General Dynamics (GD) C4 Systems SATCOM Technologies received a contract from Lockheed Martin (LMT) to design and build the ground structures and integrate the mechanical systems for the U.S. Air Force Space Fence program. The new advanced ground-based radar system will enhance the way the U.S. detects and tracks more than 100K orbiting objects in space and increase the ability to prevent space-based collisions. The improved situational awareness will help protect space-based assets like the International Space Station from potential collisions that could severely damage, disable or destroy it. Construction of the Space Fence ground system will begin mid-2015 on the Kwajalein Atoll in the Republic of the Marshall Islands. The U.S. Air Force contract value awarded to Lockheed Martin is greater than $910M.

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