Here’s a round-up of General Dynamics (NYSE:GD) news stories from this week. General Dynamics (NYSE:GD) shares ended the week at 67.12 (as of 11/26/2010).
Weekly News Roundup: General Dynamics (NYSE:GD)
Monday 22 November
General Dynamics (NYSE:GD) has offered its IT services to the FBI.
General Dynamics (NYSE:GD) will provide technical services for the FBI’s multiple information technology systems and engage in various developmental projects and programs. These services include refreshing program information technology.
Marcus Collier, senior vice president for General Dynamics (NYSE:GD) Information Technology’s Civilian and Homeland Security Solutions division said that.”General Dynamics has a strong record of supporting the FBI with enterprise operations center and field support, IT systems play a key role in supporting the FBI’s national security responsibilities and General Dynamics is committed to providing the FBI with the infrastructure support, systems and equipment that enhance its capabilities.”
Friday 26 November
General Dynamics (NYSE:GD) has won a $94.6 million armor contract.
The service will be provided for army’s 440 Bradley Fighting Vehicles and the deliveries are expected to begin in early 2011 and be completed by summer 2012.
General Dynamics Armament and Technical Products-the major business unit of General Dynamics (NYSE: GD) will be carrying out the production.
The reactive armor system of General Dynamics is comprised of tiles that fasten to the exterior of the Bradley Fighting Vehicle, thereby allowing it to better withstand direct hits from a variety of anti-armor munitions.
We’ll be keeping a close eye on the General Dynamics (NYSE:GD) stock level for developments over the next couple of weeks.