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Stock Market & Financial Investment News

News Breaks
May 12, 2014
10:01 EDTGDGeneral Dynamics unit awarded $163M contract
General Dynamics Land Systems has been awarded a $163M contract by the U.S. Army TACOM Life Cycle Management Command to convert 93 flat-bottom Stryker infantry combat vehicles to a newer, more survivable double-V hull design. General Dynamics Land Systems is a business unit of General Dynamics. The majority of work will be completed at the Anniston Army Depot in Anniston, Alabama, by U.S. government and General Dynamics Land Systems employees. Additional work will be performed at General Dynamics locations in Lima, Ohio, and Scranton, Pennsylvania. The estimated delivery date for the Stryker DVH vehicles is March 2016.
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April 22, 2015
10:01 EDTGDGeneral Dynamics NASSCO awarded $23M for LCS sustainment
General Dynamics NASSCO has been awarded a $24.1M contract by the U.S. Navy for Littoral Combat Ships, or LCS, sustainment execution in support of LCS' home-ported in or visiting San Diego. General Dynamics NASSCO is a business unit of General Dynamics. Under the contract, General Dynamics NASSCO will plan, furnish material and provide support and facilities to maintain and modernize twelve LCS-class ships. This contract covers both variants, Freedom and Independence. These ships are fast, agile, focused-mission platforms designed for operation in near-shore environments and capable of open-ocean operation.

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