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tdp2664 E money daily General Dynamics (NYSE:GD) has decided to take over Norfolk shipyard Metro Machine. General Dynamics (NYSE:GD) To Take Over Shipyard General Dynamics (NYSE:GD), the West Falls Church based defense conglomerate and the fifth largest defense contractor in the world, is reportedly planning to acquire Norfolk shipyard Metro Machine. General Dynamics (NYSE:GD) spokesman, Rob Doolittle, says, “We’re acquiring Metro Machine because we think it represents a growth opportunity. The Navy is one of General Dynamics (NYSE:GD)' largest customers today, and we provide very similar-type services to the Navy on the West Coast. So we see this as an opportunity to expand our repair offerings to the Navy and hope to grow.” General Dynamics (NYSE:GD) stocks were at 57.27 at the end of the last day’s trading. There’s been a -21.9% change in the stock price over the past 3 months. General Dynamics (NYSE:GD) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.67 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.68 Zack’s Rank: 2 out of 7 in the industry
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