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Stock Market & Financial Investment News

News Breaks
June 25, 2014
13:01 EDTGDGeneral Dynamics SATCOM Technologies to build radio-telescope antenna
General Dynamics SATCOM Technologies, a part of General Dynamics C4 Systems, will build and install a 100-ton, 12-meter, submillimeter-wavelength radio telescope antenna for the new Large Latin American Millimeter Array observatory. The LLAMA project is a joint venture between Argentina and Brazil to provide scientists from around the world with a high-powered "lens" to study black holes, the molecular evolution of interstellar clouds and the structure of the universe. The new antenna will be similar to the 25 SATCOM Technologies-built radio telescope antennas operating at the Atacama Large Millimeter/Submillimeter Array observatory.
News For GD From The Last 14 Days
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February 23, 2015
10:21 EDTGDGeneral Dynamics awarded $415M contract by US Army
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February 19, 2015
07:46 EDTGDAustralia opens bids for $8B armored vehicle defense contract, WSJ says
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February 17, 2015
12:49 EDTGDSpirit AeroSystems likely to collect some funds from Gulfstream,says Wells Fargo
After Spirit AeroSystems (SPR) disclosed in a February 13 regulatory filing that it had settled its dispute with General Dynamics' (GD) Gulfstream unit with respect to amounts due on G650 deliveries from 2010 through Q3 2013, Wells Fargo expects Spirit to collect some of the $135M that it held n retainage in accounts receivable for Gulfstream underpayments as of the end of last year. The firm says it cannot estimate the amount that Spirit will collect. It keeps an Outperform rating on Spirit.
10:01 EDTGDGeneral Dynamics awarded $50M for Abrams tank production
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