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Stock Market & Financial Investment News

News Breaks
April 1, 2014
10:01 EDTGDGeneral Dynamics awarded $75M contract by U.S. Marine Corps Systems Command
The U.S. Marine Corps Systems Command in Quantico, Va., has awarded General Dynamics Land Systems Force Protection a contract valued at $74.7M for egress upgrade kits in support of the Mine Resistant, Ambush Protected program. The company will develop, design and produce 916 egress kits for the Cougar vehicles. The kits will include upgrades to the Cougar's front doors, rear doors, rear steps and exhaust system. General Dynamics will complete delivery of the kits by September 2015.
News For GD From The Last 14 Days
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February 23, 2015
10:21 EDTGDGeneral Dynamics awarded $415M contract by US Army
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February 19, 2015
07:46 EDTGDAustralia opens bids for $8B armored vehicle defense contract, WSJ says
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February 17, 2015
12:49 EDTGDSpirit AeroSystems likely to collect some funds from Gulfstream,says Wells Fargo
After Spirit AeroSystems (SPR) disclosed in a February 13 regulatory filing that it had settled its dispute with General Dynamics' (GD) Gulfstream unit with respect to amounts due on G650 deliveries from 2010 through Q3 2013, Wells Fargo expects Spirit to collect some of the $135M that it held n retainage in accounts receivable for Gulfstream underpayments as of the end of last year. The firm says it cannot estimate the amount that Spirit will collect. It keeps an Outperform rating on Spirit.
10:01 EDTGDGeneral Dynamics awarded $50M for Abrams tank production
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