International Business News - Dynamics http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Defense contractor General Dynamics Corp. said Thursday it received a $33 million contract from a U.S. Army unit to produce ammunition. The U.S. Army Sustainment Command in Rock Island, Ill., gave the company's ordnance and tactical systems unit the contract with up to four option years. If all options are exercised the contract value would exceed $500 million. http://www.ibtimes.com/articles/20081009/general-dynamics-unit-gets-33m-army-contract.htm Thu, 09 Oct 2008 14:33:31 EDT The Navy has awarded a $13.5 million contract to a General Dynamics Corp. unit for the continued development of an air and missile defense planning system, the company said Tuesday. http://www.ibtimes.com/articles/20081007/general-dynamics-gets-13-5m-navy-contract.htm Tue, 07 Oct 2008 15:53:33 EDT A unit of General Dynamics Corp. said Tuesday it received a $66 million U.S. Army contracts for MK19 grenade machine guns. General Dynamics Armament and Technical Products said it will begin delivery in 2009 and extend through late 2012. http://www.ibtimes.com/articles/20081007/general-dynamics-gets-navy-pact-worth-up-to-183m.htm Tue, 07 Oct 2008 14:46:09 EDT The Army said Thursday that it has awarded a $56.7 million contract to a division of General Dynamics Corp. for machine guns. The contract, awarded Friday, is for MK19 grenade machine guns. Work will be done in Saco, Maine and is expected to be finished by February. http://www.ibtimes.com/articles/20081002/general-dynamics-wins-56-7m-army-contract.htm Thu, 02 Oct 2008 18:48:57 EDT Military contractor General Dynamics Corp. said Thursday its board authorized as stock repurchase of up to 10 million shares. The repurchases are to be made at management's discretion on the open market, the Falls Church, Va.-based company said in a news release. http://www.ibtimes.com/articles/20081002/general-dynamics-authorizes-10m-share-repurchase.htm Thu, 02 Oct 2008 14:29:47 EDT General Dynamics Corp.'s Electric Boat Corp. received an additional $267.9 million Navy contract to provide engineering services for the Virginia class of attack submarines, the Pentagon said late Tuesday. http://www.ibtimes.com/articles/20081001/general-dynamics-unit-gets-267-9m-navy-deal.htm Wed, 01 Oct 2008 11:45:24 EDT A unit of defense contractor General Dynamics said on Tuesday it received a Navy contract to provide education and training products and support for the Naval Education and Training Professional Development and Technology Center. http://www.ibtimes.com/articles/20080930/general-dynamics-unit-gets-46m-navy-contract.htm Tue, 30 Sep 2008 10:55:35 EDT A deteriorating business jet market combined with rising doubts about the size of the Pentagon's budget led an analyst Friday to downgrade military contractor General Dynamics Corp.'s shares to "Neutral" from "Buy." http://www.ibtimes.com/articles/20080926/general-dynamics-shares-fall-after-downgrade.htm Fri, 26 Sep 2008 19:31:40 EDT The Defense Department on Thursday said it awarded a $33.6 million contract to a division of General Dynamics Corp. for ammunition. The contract is for small arms ammunition for the Army. Work will be done in St. Petersburg, Fla. and is expected to be finished by April 2010. http://www.ibtimes.com/articles/20080925/general-dynamics-to-manage-swiss-jet-fighter-fleet.htm Thu, 25 Sep 2008 18:08:56 EDT An analyst cut his earnings estimate for defense contractor General Dynamics next year, citing reduced use of jets as the world economy weakens. Analyst Robert Spingarn of Credit Suisse said in an investor's note Tuesday that he expects the defense contractor's earnings per share for 2009 at $6.93, down 5 cents. He expects per-share earnings for 2010 at $7.35, down 28 cents. http://www.ibtimes.com/articles/20080924/analyst-cuts-estimates-for-general-dynamics.htm Wed, 24 Sep 2008 15:29:00 EDT The Department of Defense said Wednesday that it has awarded a $7.4 million contract to General Dynamics Corp. for work on military satellites and network systems. http://www.ibtimes.com/articles/20080924/general-dynamics-gets-13m-contract.htm Wed, 24 Sep 2008 18:36:35 EDT Steel maker Steel Dynamics Inc. said its board of directors declared a quarterly cash dividend of 10 cents per share. The dividend is payable Oct. 10 to shareholders of record at the close of business Sept. 30. http://www.ibtimes.com/articles/20080923/steel-dynamics-oks-dividend-of-10-cents-per-share.htm Tue, 23 Sep 2008 09:40:37 EDT Steel Dynamics Inc. said Tuesday its board of directors approved an increase of 5 million shares to its buyback program. Since an Aug. 16 authorization of an additional 10 million shares, which increased the number of shares that could be repurchased to 11 million, the steel maker has repurchased 9.7 million of its shares. http://www.ibtimes.com/articles/20080923/steel-dynamics-raises-share-buyback-by-5m.htm Tue, 23 Sep 2008 09:24:13 EDT Lockheed Martin Corp. has been awarded a $8.9 million contract by the Navy for work on a radar system. Under the contract, announced Wednesday, Lockheed will provide spare parts for the radar system. Work is expected to be finished by July 2010 and will be performed in Syracuse, N.Y. http://www.ibtimes.com/articles/20080918/lockheed-martin-gets-8-9-million-contract.htm Thu, 18 Sep 2008 09:12:42 EDT Defense contractor General Dynamics Corp. recently received a $9.2 million contract to provide munitions to the military, the Pentagon said late Tuesday. http://www.ibtimes.com/articles/20080917/general-dynamics-gets-9-2m-army-contract.htm Wed, 17 Sep 2008 13:26:04 EDT The Army has awarded a $34 million contract to a division of General Dynamics Corp. for work on the Stryker armored vehicle. The contract, awarded Friday, is for Land Warrior systems, spare parts and other services for the 5th Brigade 2nd Infantry Division Stryker Brigade Combat Team. http://www.ibtimes.com/articles/20080910/general-dynamics-gets-34m-army-contract.htm Wed, 10 Sep 2008 18:38:20 EDT Photon Dynamics Inc., which makes test equipment for liquid crystal displays, said Wednesday the only closing condition left for its merger with Orbotech Ltd. is clearance from the Committee on Foreign Investment in the U.S. http://www.ibtimes.com/articles/20080910/photon-dynamics-buyout-awaits-regulatory-approval.htm Wed, 10 Sep 2008 15:38:55 EDT A unit of General Dynamics said Wednesday it has received a $70 million contract to equip U.S. military forces with a new battlefield network system. General Dynamics C4 Systems will equip the 5th Brigade, 2nd Infantry Division Stryker Brigade Combat Team with a lighter weight version of the Land Warrior integrated fighting system. http://www.ibtimes.com/articles/20080910/general-dynamics-wins-70m-deal-to-equip-troops.htm Wed, 10 Sep 2008 15:24:04 EDT The Army said Tuesday that it has awarded a $6 million contract to a division of General Dynamics Corp. for work on an information technology project. http://www.ibtimes.com/articles/20080909/general-dynamics-gets-6m-contract.htm Tue, 09 Sep 2008 18:50:12 EDT A unit of defense contractor General Dynamics Corp. recently received a $5.9 million contract from the Army to provide technical support for the Abrams tank, including "leave behind equipment" at Fort Carson, Colo., the Pentagon said late Wednesday. http://www.ibtimes.com/articles/20080904/general-dynamics-gets-5-9m-army-deal.htm Thu, 04 Sep 2008 10:49:45 EDT