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General Dynamics Corp

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  • WASHINGTON, April 23- U.S. arms makers complain regularly that lower Pentagon spending on ships, jets and other hardware will hit their earnings, but a string of better-than-expected results this week show that layoffs and cost-cutting have kept profits flowing, and growing.

  • The Dow Jones index that tracks the 10 biggest aerospace and defense companies rose 1.75 percent, driven by gains in shares of Lockheed Martin Corp, General Dynamics Corp, and Northrop Grumman Corp, which all reported higher profit and earnings per share this week.

  • WASHINGTON, April 17- An unmanned U.S. Navy helicopter built by Northrop Grumman Corp and a precision ship-landing system built by Raytheon Co face mandatory reviews that could lead to their cancellation after quantity reductions drove unit costs sharply higher in 2013, the Pentagon announced on Thursday.

  • WASHINGTON, April 17- An unmanned U.S. Navy helicopter built by Northrop Grumman Corp and a precision ship-landing system built by Raytheon Co face mandatory reviews that could lead to their cancellation after quantity reductions drove unit costs sharply higher in 2013, the Pentagon announced on Thursday.

  • WASHINGTON, April 16- The U.S. Navy on Wednesday said it would delay the commissioning of the North Dakota, a new Virginia-class submarine that was due to enter active service on May 31, to carry out more design work and resolve quality problems with certain components.

  • WASHINGTON, April 15- The Pentagon on Tuesday detailed $48.3 billion in cuts to major weapons programs like Lockheed Martin Corp's F-35 fighter jet that would kick in from fiscal 2016 to 2019 if Congress does not reverse automatic budget cuts that are to resume in 2016..

  • Got ideas? Company crowdsources investment motifs Tuesday, 8 Apr 2014 | 2:48 PM ET

    Motif Investing essentially allows its customers to create their own exchange-traded funds around themes, CEO Hardeep Walia says.

  • WASHINGTON, April 3- A group of 10 U.S. lawmakers on Thursday urged Pentagon acquisition chief Frank Kendall to revamp the U.S. Army's $5 billion competition for a new armored vehicle to allow both tracked and wheeled vehicles to compete.

  • U.S. Marines aim to move ahead with new combat vehicle Wednesday, 2 Apr 2014 | 9:39 PM ET

    WASHINGTON, April 2- The U.S. Marine Corps aims to kick off a competition for a new wheeled amphibious combat vehicle in coming months, with a formal request for proposals likely to follow in fiscal year 2015, a Marine Corps spokesman said Wednesday.

  • NEW YORK, March 26- Former employees of Spirit Aerosystems Holdings Inc, a major supplier to plane makers Boeing and Airbus, filed charges with federal agencies on Wednesday alleging that Spirit illegally used health care information to target those who were costing the company most for layoffs.

  • General Dynamics filed a protest with the Army on Feb. 14, arguing that the Army's rules for a competition to replace nearly 2,900 Vietnam- era M113 infantry carriers were skewed to favor BAE Systems Plc's Bradley Fighting Vehicle.

  • U.S. military braces for budget battles with Congress Tuesday, 11 Mar 2014 | 8:42 PM ET

    WASHINGTON, March 11- Top U.S. defense officials are bracing for a brutal season of budget negotiations, warning U.S. lawmakers that the U.S. military will gradually become unable to respond to emerging crises if Congress blocks the Pentagon's plans to cut military compensation, close bases and retire entire fleets of aircraft.

  • WASHINGTON, March 10- The U.S. Navy has awarded contracts worth nearly $1.4 billion to buy four more Littoral Combat Ships from Lockheed Martin Corp and Australia's Austal Ltd, the U.S. Defense Department said on Monday.

  • New, smaller US military has long road to reality Tuesday, 4 Mar 2014 | 3:15 PM ET
    USS George Washington

    Proposed military budget cuts proposed by the Pentagon last week may be far from what Congress finally agrees on.

  • Strategist sees rational end to Ukraine showdown Monday, 3 Mar 2014 | 6:13 PM ET
    Traders work on the floor of the New York Stock Exchange on Monday.

    "The world is going to want to find a compromise," said David Kelly, chief market strategist at J.P. Morgan Funds.

  • National security: America's new robotic army Monday, 3 Mar 2014 | 12:14 PM ET
    An X-47B Unmanned Combat Air System (UCAS) demonstrator is towed into the hangar bay of the aircraft carrier USS George H.W. Bush.

    The U.S. military's human footprint is shrinking, but its robotic fighting force is on the rise, transforming the battlefield in air, land and sea.

  • The Pentagon's new budget: Who wins and who loses Monday, 24 Feb 2014 | 3:39 PM ET
    United States Marines hold a giant American Flag across the court at the U.S. Open.

    Holders of U.S. defense stocks expressed relief that the budget spares most big arms firms. But not everybody wins.

  • F-35 JOINT STRIKE FIGHTER The Pentagon said it remained strongly committed to the Lockheed Martin Corp F-35 fighter jet program, which includes an engine built by Pratt& Whitney, a unit of United Technologies Corp. Northrop Grumman Corp and Britain's BAE Systems Plc also provide significant components for the aircraft.

  • OTTAWA/ WASHINGTON, Feb 14- U.S. weapons maker General Dynamics Corp has won a contract worth up to $13 billion for its Canadian division to build light-armored vehicles for Saudi Arabia, in what Ottawa said was the largest advanced manufacturing export win in Canadian history.

  • WASHINGTON, Feb 14- U.S. weapons maker General Dynamics Corp said on Friday it had won a contract valued at up to $13 billion from the Canadian government to build military and commercial vehicles for an international customer.

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