Wednesday, October 26, 2011

General Dynamics (NYSE:GD) Wins Navy $90m Deal

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tdp2664 E money daily General Dynamics (NYSE:GD) has reportedly won a U.S. Navy contract worth $90 million. General Dynamics (NYSE:GD) Wins Navy $90m Deal General Dynamics (NYSE:GD), the West Falls Church based defense conglomerate and the world's fifth largest defense contractor, has reportedly won a U.S. Navy contract worth $90 million to develop advanced submarine technologies for present and future undersea platforms. It is reported that Electric Boat, a subsidiary owned by General Dynamics (NYSE:GD), will provide the work force for the proposed contract. General Dynamics (NYSE:GD) stocks were at 65.26 at the end of the last day’s trading. There’s been a -7.2% change in the stock price over the past 3 months. General Dynamics (NYSE:GD) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.55 (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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