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Tag Archives: General Dynamics

February 15 Market Close: GovCon Index & US Stocks Further Extend Record Highs

Executive Mosaic’s GovCon Index and all three major U.S. stock indices moved further into record-high territory Wednesday after President Donald Trump repeated his plans to cut taxes and simplify the tax code after a meeting with retail company executives. GovCon Index advancers outnumbered decliners by a 9-to-1 ratio as nine of …

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General Dynamics Electric Boat Lands $126M Navy Submarine Material Supply Contract

A General Dynamics (NYSE: GD) subsidiary has received a potential one-year, $126.5 million contract to provide long-lead time materials for the U.S. Navy’s Virginia-class submarines. General Dynamics Electric Boat will use the funds to obtain propulsion units, steam and electric plant components, turbine generators, electrical systems, mechanical and miscellaneous hull components in support of the construction …

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General Dynamics Subsidiary Nabs Potential $310M Contract Modification to Update Canada’s Light Armored Vehicle Fleet

General Dynamics‘ (NYSE: GD) Canada-based land systems subsidiary has secured a $309.8 million contract modification to update the country’s light armored vehicle fleet. General Dynamics said Monday the contract will cover work to boost the performance and survivability of Canada’s 141 Light Armored Vehicle III fleet as well as maintain the …

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February 13 Market Close: GovCon Index Rises on Blue Chip Gains With Trump Tax Cuts in Focus

Executive Mosaic’s GovCon Index rose Monday in tandem with major U.S. equity indices that set new record highs as investors continued to bet President Donald Trump’s plans for lower corporate taxes and regulations can boost economic growth. GovCon Index advancers outnumbered decliners by an 8-to-1 ratio as 10 of its 11 S&P …

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February 10 Market Close: GovCon Index Breaks 90 After 2 Months Below Mark, Ends Week Higher

Executive Mosaic’s GovCon Index closed above the 90-point barrier for the first time in two months Friday to end the week higher as all three major U.S. stock indices closed at record highs for a second consecutive session on extended investor anticipation over President Donald Trump’s tax announcement within the next …

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February 9 Market Close: GovCon Index, US Stocks Lift After Trump Tax Policy Hint

Executive Mosaic’s GovCon Index climbed Thursday on strong gains by large aerospace primes and services contractors as all three major U.S. stock indices hit record highs in intraday trade after President Donald Trump said he would give a tax policy announcement in the next few weeks. GovCon Index gainers outnumbered laggards by …

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Navy Receives 1st General Dynamics-Built Arleigh Burke-Class ‘Restart’ Ship

TYSONS CORNER, VA, Feb. 8, 2017 — The U.S. Navy has accepted the first guided-missile destroyer constructed by General Dynamics‘ (NYSE: GD) Bath Iron Works subsidiary under the military branch’s restart of the Arleigh Burke-class ship development program, ExecutiveBiz reported Tuesday. The Navy said Monday the future USS Rafael Peralta recently completed at-sea and pier-side tests for …

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General Dynamics Unit Secures $70M Navy Enterprise IT, Cybersecurity Services Contract

General Dynamics‘ (NYSE: GD) information technology unit has received a potential three-year, $70 million contract to provide enterprise-level IT services to various U.S. Navy installations. The company said Monday work covers engineering, technical and program support to the Commander, Navy Installations Command and the Space and Naval Warfare Systems Center Atlantic in areas such as cybersecurity engineering; data center …

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February 3 Market Close: GovCon Index Higher on L3 & HII Boosts, US Stocks Up After Trump Banking Exec Order

Executive Mosaic’s GovCon Index rose Friday on advances large and middle-tier defense primes as U.S. stocks climbed following the January jobs report and President Donald Trump’s new executive order to reduce regulations on the banking industry implemented after the 2008 crisis. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio as nine …

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February 2 Market Close: GovCon Index Held Green by CACI & Harris Earnings Beats, US Stocks Unchanged

Executive Mosaic’s GovCon Index closed higher Thursday on strong performances by CACI International (NYSE: CACI) and Harris Corp. (NYSE: HRS) after both contractors reported quarterly earnings above Wall Street’s expectations. U.S. stocks in contrast ended mostly flat as investors waited Friday’s job report and weighed President Donald Trump’s comments to lawmakers …

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