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Stock Market & Financial Investment News

News Breaks
April 23, 2014
09:10 EDTGDGeneral Dynamics raises FY EPS $7.05-$7.10 from $6.80-$6.85
Consensus is $7.21. Anticipates lower quarterly performance in Q2, flat in Q3, with a strong Q4 finish. Says expect a "particularly robust" Q2 from a free cash flow perspective, driven in part by advanced payments on international orders. Says had a more funded backlog at the end of Q1 than it has had at any time in the last three years. Says looks forward to a strong Q2, particularly in marine systems. Says of to a "very good" start in Q2 in the aerospace group. Comments made on the Q1 earnings conference call.
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September 2, 2014
14:02 EDTGDGeneral Dynamics to receive order for 600 infantry vehicles from U.K., FT says
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August 29, 2014
17:42 EDTGDGeneral Dynamics awarded $139.95M government contract modification
General Dynamics National Steel and Shipbuilding Co., San Diego, California, is being awarded a $139,953,434 modification to previously awarded cost-plus-award-fee contract N00024-08-C-4410 for USS Pearl Harbor fiscal 2014 extended dry-dock phased maintenance availability. An extended dry-dock phased maintenance availability includes the planning and execution of depot-level maintenance, alterations, and modifications that will update and improve the ship's military and technical capabilities. Work will be performed in San Diego, California, and is expected to be completed by August 2015. Fiscal 2014 operations and maintenance and fiscal 2014 other procurement funding in the amount of $139,953,434 will be obligated at the time of award. Contract funds in the amount of $106,492,103 will expire at the end of the current fiscal year. The Southwest Regional Maintenance Center, San Diego, California, is the contracting activity.
August 25, 2014
10:56 EDTGDU.S. Navy awards General Dynamics $100M contract for LCS program
The U.S. Navy awarded General Dynamics Bath Iron Works a $100M contract to provide planning yard services for the Littoral Combat Ship, LCS, program. General Dynamics Bath Iron Works is a business unit of General Dynamics.
10:02 EDTGDGeneral Dynamics awarded contract to implement Massachusetts NG9-1-1
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August 20, 2014
17:21 EDTGDBAE Systems, General Dynamics, three others awarded $2.53B government contract
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