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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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May 22, 2015
09:57 EDTGDOn The Fly: Analyst Downgrade Summary
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09:21 EDTGDGeneral Dynamics downgraded to Market Perform at Cowen
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06:11 EDTGDGeneral Dynamics downgraded to Market Perform from Outperform at Cowen
May 20, 2015
10:01 EDTGDGeneral Dynamics NASSCO awarded $36.4M contract
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May 19, 2015
07:35 EDTGDQatar Excutive to acquire thirty aircrafts from General Dynamics subsidiary
Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics, announced that Qatar Executive has agreed to purchase up to 30 Gulfstream aircraft as part of a Memorandum of Understanding originally announced in October of last year. Qatar will take delivery of its G650ER in the Q4.
07:01 EDTGDDucommun receives multiyear contracts from Gulfstream
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05:23 EDTGDViaSat selected by Gulfstream as sole source Ku-Band equipment supplier
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