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Stock Market & Financial Investment News

News Breaks
April 10, 2014
10:03 EDTGDGeneral Dynamics awarded $23M by Space and Naval Warfare Systems Command
General Dynamics Information Technology has been awarded the Joint Effects Model Increment 2 contract by the Space and Naval Warfare Systems Command. The cost plus fixed-fee award has a potential value of $23.5M over five years if all options are exercised. Under this contract, General Dynamics will develop software that will serve as the foundation for the JEM Increment 2 System as well as the software architecture for the JEM science and technology prototype.
News For GD From The Last 14 Days
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June 29, 2015
07:22 EDTGDBWX Technologies would be M&A fit for Huntington Ingalls, says Deutsche Bank
Deutsche Bank noted that the planned spin-off of BWX Technologies (BWXT) from Babcock & Wilcox (BWC) is scheduled to be completed this week on July 1, stating that it believes the spun off company is likely to attract the attention of strategic players such as Huntington Ingalls (HII) and General Dynamics (GD). The firm thinks the potential M&A fit looks "most striking" for Huntington and estimates that a deal multiple could reach 10-11X the about $300M in EBITDA at BWX Technologies, which would likely be "worth the stretch" for the shipbuilder.
June 26, 2015
07:26 EDTGDSRA International exploring sale or IPO, Reuters reports
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June 24, 2015
10:00 EDTGDGeneral Dynamics receives $219M order for US Army's WIN-T increment 2 systems
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