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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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April 10, 2015
06:22 EDTGDDoD enacts stricter rules on research spending by contractors, WSJ says
The Department of Defense is enacting stricter rules on how defense companies can spent $4B of the department's research budget, following a report that explained that much of the budget was used to increase contractors' bids or to develop their own proprietary technology, reports the Wall Street Journal. Publicly traded companies in the space include BAE Systems (BAESY), Boeing (BA), General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN) and United Technologies (UTX).

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