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General Dynamics Corp (GD.N)

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Latest Key Developments (Source: Significant Developments)

General Dynamics awarded $5 bln U.S. Navy contract
Thursday, 21 Sep 2017 05:28pm EDT 

Sept 21 (Reuters) - General Dynamics Corp :General Dynamics awarded $5 billion for design of U.S. Navy's next ballistic-missile submarine.General Dynamics Corp - ‍construction of lead Columbia-class submarine is scheduled to begin in fall of 2020​.General Dynamics says ‍U.S. Navy has awarded General Dynamics Electric Boat a $5.1 billion integrated product and process development contract​.  Full Article

Dell EMC, General Dynamics and Microsoft awarded $1 bln contract
Wednesday, 20 Sep 2017 09:00am EDT 

Sept 20 (Reuters) - Microsoft Corp ::Dell EMC, General Dynamics and Microsoft awarded $1 billion contract to advance USAF's it transformation.Dell EMC - co, General Dynamics, Microsoft awarded $1 billion five-year U.S. Air force contract to implement a cloud hosted enterprise services program​.  Full Article

General Dynamics receives contracts to upgrade Abrams Main Battle Tanks
Tuesday, 5 Sep 2017 10:40am EDT 

Sept 5 (Reuters) - General Dynamics Corp ::Receives contracts to upgrade Abrams Main Battle Tanks.‍Contract for SEPv4 upgrades has an initial value of $311 million ​.Second award was a $270 million contract from U.S. Army tank automotive command to produce 45 Abrams M1A2 SEPv3 tanks.Company will design, develop and integrate multiple engineering changes into Abrams M1A2 System Enhancement Package Version 3.  Full Article

General Dynamics awarded hydra-70 rocket program contract
Wednesday, 30 Aug 2017 10:40am EDT 

Aug 30 (Reuters) - General Dynamics Corp :General Dynamics awarded hydra-70 rocket program contract.General Dynamics Corp says ‍its unit was recently awarded a $60 million contract modification by U.S. Army contracting command in Redstone Arsenal​.  Full Article

General Dynamics awarded $105 million CAC2S full-rate production contract by U.S. Marine Corps
Wednesday, 30 Aug 2017 09:50am EDT 

Aug 30 (Reuters) - General Dynamics Corp :General Dynamics awarded $105 million cac2s full-rate production contract by U.S. Marine corps.General dynamics -‍ U.S. Marine corps awarded general dynamics mission systems contract worth about $105 million over four years for CAC2S program​.  Full Article

General Dynamics to provide cybersecurity,IT support for Naval Meteorology and Oceanography Command
Thursday, 24 Aug 2017 10:26am EDT 

Aug 24 (Reuters) - General Dynamics Corp ::Single award, indefinite delivery, indefinite quantity contract has a value of approximately $52 million over five years.  Full Article

General Dynamics awarded $115 million by U.S. Navy
Friday, 18 Aug 2017 10:10am EDT 

Aug 18 (Reuters) - General Dynamics Corp ::General Dynamics awarded $115 million by U.S. Navy for Virginia-class submarine work.Says ‍order awarded to co's unit General Dynamics Electric Boat; contract initially awarded in 2016, has potential value of $431 million​.  Full Article

General Dynamics sets regular quarterly dividend of $0.84/share
Wednesday, 2 Aug 2017 01:53pm EDT 

Aug 2 (Reuters) - General Dynamics Corp ::Sets regular quarterly dividend of $0.84 per share.  Full Article

General Dynamics awarded new Landsat contract by U.S. Geological Survey
Thursday, 27 Jul 2017 03:10pm EDT 

July 27 (Reuters) - General Dynamics Corp ::General Dynamics awarded new Landsat contract by U.S. Geological Survey.Contract is valued up to $155 million over five years with five additional, one-year options​.  Full Article

General Dynamics Q2 earnings per share $2.45
Wednesday, 26 Jul 2017 07:30am EDT 

July 26 (Reuters) - General Dynamics Corp :General Dynamics reports second-quarter 2017 results.Q2 earnings per share $2.45.Q2 revenue $7.7 billion versus I/B/E/S view $7.75 billion.Q2 earnings per share view $2.43 -- Thomson Reuters I/B/E/S.Raises FY 2017 earnings per share view to $9.70 to $9.75.General Dynamics Corp - ‍general Dynamics' total backlog at end of second-quarter 2017 was $58.6 billion​.General Dynamics Corp - ‍total potential contract value, sum of all backlog components, was $83 billion at end of quarter​.FY2017 earnings per share view $9.81 -- Thomson Reuters I/B/E/S.General Dynamics - ‍company-wide operating margin for Q2 13.8 percent, a 60 basis-point increase when compared to 13.2 percent in second-quarter 2016​.  Full Article

BRIEF-General Dynamics awarded $5 bln U.S. Navy contract

* General Dynamics awarded $5 billion for design of U.S. Navy's next ballistic-missile submarine