New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 4, 2014
14:31 EDTGDGeneral Dynamics unit awarded $11M contract from U.S Navy
The U.S. Navy has awarded General Dynamics Electric Boat an $11M contract to perform non-nuclear maintenance work for submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics. With this modification, Electric Boat will continue operating the New England Maintenance Manpower Initiative at the submarine base. Electric Boat will provide a wide range of overhaul, repair and modernization services in support of nuclear submarines, floating dry-docks, support and service craft and other platforms and equipment at the submarine base. Approximately 270 Electric Boat employees are engaged in the work. This contract was first awarded in December 2012 and has a potential value of $222.3M over five years.
News For GD From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 30, 2015
05:42 EDTGDGeneral Dynamics upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Carter Copeland upgraded General Dynamics (GD) to Overweight saying Gulfstream-related fears are overly discounted in the stock at current levels. Shares offer the best risk/reward in U.S. Aerospace & Defense, Copeland tells investors in a research note. He keeps a $157 price target for the stock. The analyst this morning also downgraded Lockheed Martin (LMT) to Underweight and Raytheon (RTN) to Equal Weight.
November 25, 2015
10:01 EDTGDGeneral Dynamics awarded $103M contract modification by US Navy
Subscribe for More Information
November 24, 2015
18:09 EDTGDGeneral Dynamics Electric Boat awarded $102.88M government contract modification
Electric Boat is being awarded a $102.88M modification to previously awarded contract N00024-10-C-2118 for additional lead yard services and development studies and design efforts related to Virginia-class submarines. The services will maintain, update, and support the Virginia-class design and related drawings and data for each Virginia-class submarine, including technology insertion, throughout its construction and post shakedown availability period. The contractor will also provide all engineering and related lead yard services necessary for direct maintenance and support of Virginia-class ship specifications. In addition, the contract provides development studies and design efforts related to the Virginia-class submarine design and design improvements, preliminary and detail component and system design, integration of system engineering, design engineering, test engineering, logistics engineering, and production engineering. The contractor will continue development studies and design efforts related to components and systems to accomplish research and development tasks and prototypes and engineering development models required to fully evaluate new technologies to be inserted in succeeding Virginia-class submarines. Work is expected to be completed by April 2016. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity.
November 19, 2015
10:00 EDTGDOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Dick's Sporting (DKS) upgraded to Buy from Neutral at Monness Crespi... Fairchild (FCS) upgraded to Neutral from Underperform at Credit Suisse... Fiesta Restaurant (FRGI) upgraded to Strong Buy from Outperform at Raymond James... General Dynamics (GD) upgraded to Buy from Hold at Argus... Genomic Health (GHDX) upgraded to Outperform from Market Perform at Cowen... National Grid (NGG) upgraded to Outperform from Sector Perform at RBC Capital... ON Semiconductor (ON) upgraded to Buy from Neutral at Citi... Papa John's (PZZA) upgraded to Buy from Neutral at Sidoti... QEP Resources (QEP) upgraded to Buy from Neutral at Goldman... Seagate (STX) upgraded to Buy on selloff, dividend yield at Craig-Hallum... Sunoco (SUN) upgraded to Outperform at Credit Suisse... Tetraphase (TTPH) upgraded to Buy from Neutral at SunTrust... Wendy's (WEN) upgraded to Conviction Buy from Neutral at Goldman.
07:49 EDTGDGeneral Dynamics upgraded to Buy from Hold at Argus
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use