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Stock Market & Financial Investment News

News Breaks
May 2, 2014
06:05 EDTGDGeneral Dynamics upgraded to Neutral from Sell at Goldman
Goldman upgraded General Dynamics to Neutral citing a balanced risk/reward but notes it still prefers other large-cap Defense names. Goldman raised its price target for shares to $112 from $102.
News For GD From The Last 14 Days
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September 26, 2014
10:01 EDTGDGeneral Dynamics confirms $311M U.S. Navy contract for submarine support work
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September 25, 2014
17:27 EDTGDGeneral Dynamics awarded $310.77M government contract modification
General Dynamics Electric Boat is being awarded a $310.77M modification to previously awarded contract for additional design agent, planning yard, engineering and technical support for active nuclear submarines. The efforts provide for drawings and related technical data; design change documentation; logistics technical data; configuration management; hull, mechanical and electrical engineering; submarine safety design review; non-propulsion plant electrical system engineering; propulsion plant engineering; maintenance engineering; refit/availability technical support; on-site support; configuration change program design and installation support; configuration change program material support; submarine technical trade support; training and facility support; research, development, test and evaluation program support; research and development submarine/submersibles support; miscellaneous special studies; temporary alteration support; modernization of submarine/submersible systems/subsystems; and affordability/cost reduction technical support. Work is expected to be completed by September 2016.
September 23, 2014
08:38 EDTGDBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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September 18, 2014
10:02 EDTGDGeneral Dynamics unit awarded $16M contract from U.S. Navy
General Dynamics Advanced Information Systems, a business unit of General Dynamics, was awarded a $16.2M contract by the U.S. Navy to produce Type-3 Advanced Mission Computers for the F/A-18 E/A-18G Super Hornet aircraft. Since 2002 General Dynamics has produced, tested and delivered the F/A-18 AMC, which serves as the nerve center of the Super Hornet and provides the Navy with situational awareness and combat systems control. This contract will be performed primarily at the General Dynamics facility in Bloomington, Minnesota. This contract will be completed by March 2016.

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