Wednesday, May 18, 2011

General Dynamics (NYSE:GD) Signs New Multi-million Dollar Deal

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SKYDEX Technologies has entered into a multi-million dollar purchase agreement with General Dynamics (NYSE:GD). General Dynamics (NYSE:GD) Signs New Multi-million Dollar Deal Under this newly signed contract, SKYDEX Technologies will supply a patented blast-mitigating vehicle decking material called Convoy Deck for Stryker Double V-Hull (DVH) vehicles, developed by General Dynamics (NYSE:GD) Land Systems. Mike Buchen, President and CEO of SKYDEX Technologies said, "Our first and last thought every day is about protecting those in harm's way. IED (improvised explosive device) blasts cause the great majority of casualties in Afghanistan and our decking significantly improves the survivability for the occupants. We are proud to be working with General Dynamics (NYSE:GD) to dramatically improve survivability for American troops in combat." General Dynamics (NYSE:GD) stocks are currently standing at 73.5. Price History Last Price: 73.5 52 Week Low / High: 55.46 / 78.27 50 Day Moving Average: 74.31 6 Month Price Change %: 11.6% 12 Month Price Change %: 3.5%



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