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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
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October 22, 2014
09:14 EDTGDGeneral Dynamics: Aerospace to enjoystrong order intake in Q4
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09:14 EDTGDGeneral Dynamics raises FY14 EPS cont ops to 7.60-$7.70 from $7.40-$7.45
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07:07 EDTGDGeneral Dynamics reports end Q3 backlog $74.4B
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07:06 EDTGDGeneral Dynamics reports Q3 EPS $2.06, consensus $1.91
Reports Q3 revenue $7.75B, consensus $7.58B. Company-wide operating margins for Q3 were 12.9%, 50 basis points higher than third-quarter 2013 margins.
October 21, 2014
15:35 EDTGDNotable companies reporting before tomorrow's open
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October 17, 2014
16:56 EDTGDLongview Asset reports 9.97% stake in General Dynamics
October 16, 2014
14:58 EDTGDArmy poised to order more Stryker vehicles, Defense News says
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14:55 EDTGDTeledyne awarded major marine defense electronics contract from General Dynamics
Teledyne Technologies (TDY) announced that its Teledyne Oil & Gas group has been awarded a contract by General Dynamics Electric Boat of Groton, (GD) for materials and engineering support covering electrical and fiber optic interconnect assembly hardware primarily from Teledyne’s DGO business unit based in Portsmouth, New Hampshire. This contract represents the largest single award in the fifty-plus-year history of Teledyne DGO and directly supports the U.S. Navy’s Virginia-class submarine program. The contract is a multi-year award, covering a total of ten ship-sets, with manufacturing to commence in 2015.
October 14, 2014
17:29 EDTGDU.S. Army may revive Ground Combat Vehicle program, WSJ says
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October 13, 2014
10:08 EDTGDOn The Fly: Analyst Upgrade Summary
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07:42 EDTGDGeneral Dynamics upgraded to Buy from Neutral at Buckingham
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October 9, 2014
13:56 EDTGDObama calls on Congress to lift defense spending cuts, Politico says
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