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Fly News Breaks for July 30, 2015
GD
Jul 30, 2015 | 07:09 EDT
Wells Fargo increased its price target on General Dynamics after the company reported higher than expected Q2 sales and margins and raised its guidance. The firm thinks the stock could trade at a premium to other defense contractors because Wells believes that it, unlike its peers, will continue to use its excess cash to buy its shares. Wells keeps an Outperform rating on the shares.
News For GD From the Last 2 Days
GD
Apr 15, 2024 | 17:13 EDT
General Dynamics was awarded a $296.86M cost-plus-fixed-fee contract for M10 Booker system technical support. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of April 14, 2029. Army Contracting Command is the contracting activity.
