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July 23, 2014
07:04 EDTGDGeneral Dynamics reports Q2-end backlog $71.1B
Total backlog at the end of Q2 was $71.1B, 27% over Q1. Estimated potential contract value, representing management's estimate of value in unfunded indefinite delivery, indefinite quantity contracts and unexercised options, was $28.4B. At the end of the quarter, total potential contract value, the sum of all backlog components, was $99.5B. Orders in the Aerospace group were strong in the quarter, including healthy activity across the group's portfolio. The company said, "General Dynamics' strong second quarter performance reflects our continued focus on program execution and operational improvements. We have a solid building block for the future with an increased defense backlog and robust order activity across the portfolio of Gulfstream business jets."
News For GD From The Last 14 Days
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March 25, 2015
10:00 EDTGDOn The Fly: Analyst Upgrade Summary
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08:08 EDTGDGeneral Dynamics upgraded at RBC Capital
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06:19 EDTGDGeneral Dynamics upgraded to Outperform from Sector Perform at RBC Capital
March 23, 2015
08:13 EDTGDBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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March 17, 2015
13:01 EDTGDGeneral Dynamics unit selected for $1.3M task order
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