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General Dynamics Corp

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  • Navy celebrates once-secret sub now on display in museum Wednesday, 24 Jun 2015 | 11:55 AM ET

    GROTON, Conn.— A once-secret submarine in U.S. military research and expeditions is being celebrated for its advanced technology, exploration of the ocean floor and role as a workhorse. The nuclear-powered NR-1 launched in 1969, the same year the U.S. put a man on the moon, and was taken out of service in 2008. It is now on display, minus some of its parts, at Submarine...

  • *In talks with BAE Systems and General Dynamics on body design. Marine general visited Mitsubishi Heavy Industries in Japan to look at a prototype of an amphibious assault vehicle that could one day be a key pillar in Prime Minister Shinzo Abe's push to sell weapons abroad. Mitsubishi designers believe the prototype shown to U.S. Marine Corps Pacific commander...

  • WASHINGTON, June 9- The State Department notified Congress on Tuesday that it has approved potential arms deals worth nearly $2.4 billion with South Korea and Lebanon, including three Aegis Shipboard Combat Systems for Seoul and six close air support planes for Beirut. The two separate notifications were to advise Congress of potential sales but do not mean...

  • BORDEAUX, France, June 2- The head of Dassault Aviation said on Tuesday he had not given up hope of selling extra Rafales to India on top of a deal for 36 aircraft being negotiated by the French government. Indian Prime Minister Narendra Modi last month announced plans to buy 36 Rafales under a government-to-government contract with France, leaving doubts over...

  • Corporate jet makers eye revival led by North America Wednesday, 20 May 2015 | 6:10 PM ET

    GENEVA, May 21- Business jet makers, hit badly by the financial crisis, expect an upturn in mature economies such as the United States will encourage companies to once again buy new corporate planes or replace aging jets, executives said this week. Many companies in North America and Europe, from carmakers to banks and tech firms, scaled back usage or sold their...

  • April 29- U.S. weapons maker General Dynamics Corp on Wednesday reported higher-than-expected earnings and revenues for the first quarter, sending its shares higher in premarket trading. General Dynamics, maker of Gulfstream business jets as well as ships, tanks and other military equipment, said net earnings rose 20 percent to $716 million, or $2.14 per share,...

  • PARIS, April 27- Sweden's Saab AB on Monday ruled out facilitating the sale of Gripen fighter aircraft to Argentina as the result of a deal to build and export combat jets from Brazil. Saab said it was not involved in any discussions involving Argentina. Saab has sold 60 Gripen Es to Sweden and is finalizing an order for another 36 to Brazil, which will also...

  • Power Play: Investing in a stock-picker's market Thursday, 23 Apr 2015 | 2:03 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Which stocks to buy in a stock-picker's market

  • The millionaire offering a one-way ticket to Mars Thursday, 26 Mar 2015 | 9:30 AM ET
    An outside view of conceptual Mars One habitats

    Bas Lansdorp has raised funding for Mars One and has chosen 100 candidates to colonize the Red Planet. Is his dream technically feasible?

  • WASHINGTON, March 22- 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. Increased focus on cybersecurity could create opportunities for Lockheed Martin Corp, General...

  • Air Force officials are due to meet with Pentagon chief arms buyer Frank Kendall on Wednesday to map out an acquisition strategy for the new program, David Madden, executive director of the Air Force's Space and Missiles Systems Center told a breakfast meeting hosted by the nonprofit Mitchell Institute. Lockheed Martin Corp is under contract to build the...

  • Cramer Remix: Stocks roaring on execution Thursday, 5 Mar 2015 | 7:06 PM ET
    Jim Cramer on Mad Money.

    This stock is crushing it, and “Mad Money” host Jim Cramer says it’s all about execution.

  • Cramer's aerospace stock catapulting even higher Thursday, 5 Mar 2015 | 6:24 PM ET
    An HH-60H Seahawk of Helicopter Anti-Submarine Squadron Seven (HS-7), test dispense flares and chaff from the on board AN/AAR-47 system.

    The aerospace and defense sector has been on fire recently. Jim Cramer shares his top stock that will fly higher.

  • WASHINGTON, March 5- Cyber attacks on U.S. weapons programs and manufacturers are a "pervasive" problem that requires greater attention, the top U.S. arms buyer said Thursday, saying that he would add cybersecurity to the Pentagon's guidelines for buying weapons. Kendall said he planned to add cybersecurity to the next phase of his "better buying power" initiative,...

  • Early movers: PCYC, COST, MCD, AAPL & more Thursday, 5 Mar 2015 | 7:50 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • After-hours buzz: Vivint, H&R Block, Encana & more Wednesday, 4 Mar 2015 | 5:20 PM ET
    NYSE New York Stock Exchange traders markets

    Check out which companies are making headlines after the bell Wednesday: Vivint Solar, H&R Block, Encana & more.

  • Representative Rodney Frelinghuysen, a senior member of the Appropriations Committee in the House of Representatives, chided President Barack Obama for proposing a $534 billion Pentagon base budget that "ignores the law" by exceeding federal spending caps by nearly $35 billion. Frelinghuysen told Navy and Marine Corps leaders to submit specific lists of...

  • SYDNEY, Feb 19- 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, Defense Minister Kevin Andrews said on Thursday. Britain's BAE Systems, which earlier this month won a contract to do heavy maintenance in Australia on Lockheed Martin Corp's...

  • Early movers: AAPL, HAS, TE, FOXA, INTU & more Monday, 9 Feb 2015 | 7:51 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Feb 6- Harris Corp said it would buy Exelis Inc in a deal valued at about $4.75 billion, combining two big suppliers to the U.S. military at a time when the government is squeezing spending on defense. Exelis, spun off from ITT Corp in 2011, makes antennas for military aircraft, domes for Navy ships, sonar systems and GPS navigation systems. The total offer of $23.75 per...