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Fly News Breaks for August 15, 2018
GD
Aug 15, 2018 | 19:03 EDT
UBS analyst Myles Walton initiated coverage of the Aerospace & Defense sector, starting General Dynamics with a Neutral rating and $210 price target.
News For GD From the Last 2 Days
GD
Mar 29, 2024 | 10:55 EDT
Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics, announced the all-new Gulfstream G700 has received Federal Aviation Administration type certification, paving the way for customer deliveries. The G700's FAA certification also confirmed two new performance improvements: a balanced field length takeoff distance of 5,995 feet/1,827 meters and a landing distance of 3,150 ft/960 m, both shorter than originally anticipated.
GD
Mar 28, 2024 | 15:01 EDT
General Dynamics Information Technology, a business unit of General Dynamics, announced that it was awarded a $922M contract to modernize the U.S. Central Command's enterprise IT infrastructure. The new contract, awarded in February by the General Services Administration, has a one-year base period and five option years. Under this contract, GDIT will operationalize enterprise data through artificial intelligence/machine learning technologies to improve decision-making, transition CENTCOM to a new cloud environment, and enhance the effectiveness and efficiency of its networks. The company will also leverage its zero trust capabilities to bolster CENTCOM's cyber defenses and protect against future cyber threats.