News: General Dynamics Corp (GD)

GD on New York Consolidated

135.73USD
31 Mar 2015
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$-1.78 (-1.29%)
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Sun, Mar 22 2015

Pentagon wraps up new acquisition rules to protect weapons from cyberattacks

WASHINGTON - The U.S. Defense Department is taking aggressive action to bolster the security of U.S. weapons systems against cyberattacks, including issuing new rules for acquisitions that will be finalized in coming months, officials told Reuters.

Navy sees year delay in delivery of General Dynamics warships

WASHINGTON - General Dynamics Corp will deliver two Zumwalt-class destroyers a year later than planned, U.S. Navy officials said, blaming complications related to new technology.

US Navy sees year delay in delivery of General Dynamics warships

WASHINGTON, March 9 - General Dynamics Corp will deliver two Zumwalt-class destroyers a year later than planned, U.S. Navy officials said, blaming complications related to new technology.

UPDATE 1-Bid for more US defense funds gets chilly House reception

WASHINGTON, Feb 26 - U.S. military officials seeking a big boost in defense spending received little encouragement on Thursday from a House panel reviewing their bid for more funds, with one lawmaker saying the extra money would have to be cut "with you or ... without you."

Australia opens tender for next-generation ground combat vehicle

SYDNEY - Australia will hold an open tender for a multi-billion dollar project to replace the army's current light armored vehicles with a next-generation ground combat system, Defence Minister Kevin Andrews said on Thursday.

UPDATE 4-U.S. defense suppliers Harris and Exelis to combine

* Represents premium of about 34 pct to Exelis' Thursday close

U.S. defense suppliers Harris and Exelis to combine

- Harris Corp said on Friday it would buy Exelis Inc in a deal valued at about $4.75 billion, potentially kicking off a long-expected consolidation of mid-tier suppliers to the U.S. military after years of declining defense budgets.

U.S. budget boosts funding for weapons, research in new areas

WASHINGTON - The U.S. Defense Department's budget request would boost funding for research, development and procurement of weapons by 13 percent to $190 billion in fiscal 2016, including nearly $11 billion for the Lockheed Martin Corp F-35 fighter jet.

UPDATE 1-U.S. budget boosts funding for weapons, research in new areas

WASHINGTON, Feb 2 - The U.S. Defense Department's budget request would boost funding for research, development and procurement of weapons by 13 percent to $190 billion in fiscal 2016, including nearly $11 billion for the Lockheed Martin Corp F-35 fighter jet.

U.S. Air Force delays competition for ground surveillance planes

WASHINGTON, Feb 2 - The U.S. Air Force's fiscal 2016 budget released on Monday delayed a long-awaited competition for a new air-ground surveillance aircraft to replace the E-8C Joint Surveillance Target Attack Radar System (JSTARS).

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