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General Dynamics Corp

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  • Dec 9- Spirit AeroSystems Holdings Inc, an aircraft parts maker, said it will pay rival supplier Triumph Group Inc $160 million to take over its wings contract for two Gulfstream business jets. Triumph, based in Berwyn, Pennsylvania, said the deal would immediately add to its earnings and boost annual revenue by $250 million. Gulfstream, a unit of General Dynamics...

  • Midday movers: Angie's List, FedEx, Hess & more Wednesday, 22 Oct 2014 | 1:31 PM ET

    Some of Wednesday's midday movers:

  • General Dynamics Corp shares were up 3 percent at $127.60 in early afternoon after the maker of tanks, ships and business jets reported that quarterly net profit rose 6.4 percent to $694 million, or $2.05 per share, and raised its earnings forecast by 25 cents a share. Northrop posted a 5 percent drop in net earnings to $473 million, or $2.26 per share, from $497...

  • UPDATE 1-General Dynamics beats on earnings, revenue Wednesday, 22 Oct 2014 | 8:40 AM ET

    Oct 22- General Dynamics Corp on Wednesday reported higher-than-expected earnings and revenue for the third quarter, and the maker of ships, tanks and business jets cited a significant rise in its backlog. Net earnings rose 6.4 percent to $694 million, or $2.05 per share, from $652 million, or $1.84 per share, a year earlier. General Dynamics Chief Executive...

  • General Dynamics beats on earnings, revenue Wednesday, 22 Oct 2014 | 8:00 AM ET

    Oct 22- General Dynamics Corp on Wednesday reported higher-than-expected earnings and revenue for the third quarter, and the maker of ships, tanks and business jets cited a significant rise in its backlog. Net earnings rose 6.4 percent to $694 million, or $2.05 per share, from $652 million, or $1.84 per share, a year earlier. General Dynamics Chief Executive...

  • WASHINGTON, Oct 21 (Reuters)- Lockheed Martin Corp, the top supplier to the U.S. military, forecast a drop in 2015 sales and reported lower-than-expected quarterly revenue for the second time this year. The projected decline pointed to "further Department of Defense pain," RBC Capital Markets analyst Robert Stallard said in a client note. The company said it...

  • It's a buyer's market for (used) private jets Tuesday, 21 Oct 2014 | 3:15 PM ET
    A Gulfstream G550 jet on display at the Singapore Airshow in February 2014.

    Suddenly, private Gulfstream jets are affordable. Well, "affordable" in a relative sense.

  • Next worry—surging corporate debt levels Tuesday, 21 Oct 2014 | 2:34 PM ET

    Corporations are piling on debt, but investors don't seem worried—at least for now—even though such complacency helped drive the financial crisis.

  • NEW YORK, Oct 19- Business jet buyers are expected to take delivery of as many as 675 new aircraft worth about $20.5 billion this year, a slight rise over deliveries worth $20 billion 2013, according to a forecast by Honeywell International Inc.. That's up from 9,250 jets worth $250 billion in last years' long-range forecast, Honeywell said. Buyers in the...

  • Oct 14- Gulfstream Aerospace Corp, a unit of General Dynamics Corp, said it had launched two new business jets, the G500 and G600, and signed agreements for orders of up to 70 aircraft from Flexjet LLC and Qatar Airways. Dallas- based Flexjet LLC, a provider of fractional jet ownership and leasing services, will order up to 50 aircraft, including the 16- seater G450, the...

  • Oct 14- Gulfstream Aerospace Corp, a unit of General Dynamics Corp, said it had launched two new business jets, the G500 and G600, and received orders for up to 70 aircraft from Flexjet LLC and Qatar Airways. Dallas- based Flexjet LLC, a provider of fractional jet ownership and leasing services, will order up to 50 aircraft, including the G450, the G500 and G650,...

  • Oct 13- General Dynamics Corp's Gulfstream Aerospace Corp unit is expected to unveil a new business jet on Tuesday, the Wall Street Journal reported, citing people familiar with the company's plans. Gulfstream hasn't acknowledged it will unveil its latest jet this week, with a nondescript invitation for media and analysts to its Tuesday announcement, the...

  • WASHINGTON, Sept 16- U.S. aviation regulators on Tuesday proposed a $425,000 civil penalty against Gulfstream Aerospace Corp for failing to comply with regulations related to training aircraft mechanics.

  • Weapons makers like Lockheed Martin, Northrop Grumman, Boeing and Raytheon anticipate new markets for their goods. Russian aggression in Ukraine is reviving long-dormant European demand, while the emerging militant Islamist threat in Iraq and Syria has underpinned already strong Middle Eastern demand.

  • President Obama authorizing air strikes in both Syria and Iraq, though the groups have been strong outperformers so far this year.

  • Your first trade for Wednesday Tuesday, 9 Sep 2014 | 6:02 PM ET

    The "Fast Money" traders share their final trades of the day.

  • NEW DELHI, Aug 21- Some of India's biggest companies are pouring billions of dollars into manufacturing guns, ships and tanks for the country's military, buoyed by the new government's commitment to upgrade its armed forces using domestic factories.

  • Midday movers: Apple, Macy's, Shutterfly & more Wednesday, 20 Aug 2014 | 1:18 PM ET

    Some of Wednesday's midday movers:

  • Apple’s got company: 14 more stocks at record highs Wednesday, 20 Aug 2014 | 10:50 AM ET

    Apple touched a fresh high Wednesday along with a handful of other companies:

  • Hedge funds love…Carl Icahn and Bill Ackman? Monday, 18 Aug 2014 | 1:48 PM ET
    Bill Ackman and Carl Icahn

    Investment managers love bets made by both billionaire activists, according to a new analysis of top hedge fund stock positions.