General Dynamics Makes Fiscal Move

General Dynamics released the following statement:

“The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of 42 cents per share on the company’s common stock, payable November 12, 2010, to shareholders of record at the close of business on October 8.

“The board also authorized management to repurchase up to 10 million shares of the company’s issued and outstanding common stock on the open market.”

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