General Dynamics unit gets $646.9 million Army deal to provide 352 Stryker vehiclesOctober 12th, 2009 General Dynamics unit gets $646.9M Army dealWASHINGTON — A division of General Dynamics recently received a $646.9 million contract from the Army to provide 352 Stryker vehicles, the Pentagon said late Friday. Work is to be performed in Sterling Heights, Mich., and London, Ontario, and Canada and is expected to be completed by May 31, 2012.
India needs to modernise military inventory: Minister (Interview)October 10th, 2009 LADAKH - Minister of State for Defence M.M. Pallam Raju has expressed concern at the aging inventory of the Indian armed forces and said its modernisation is on the priority list.
Correction: General Dynamics contract storyOctober 7th, 2009 Correction: General Dynamics contract storyFAIRFAX, Va. — In an Oct.
General Dynamics gets $44.5 million Army deal to provide ammunition for Afghanistan, US forcesOctober 1st, 2009 General Dynamics gets $44.5M Army contractWASHINGTON — A division of General Dynamics Corp. recently received a $44.5 million contract from the Army to provide ammunition for the government of Afghanistan and U.S.
General Dynamics 2nd-qtr earns fall 3.6 pct, revenue rises, raises 2009 guidanceJuly 29th, 2009 General Dynamics 2Q profit dips, raises guidanceWASHINGTON — General Dynamics Corp.'s second-quarter earnings edged down 3.6 percent from results that included one-time gains a year ago, but the defense contractor's profits still surpassed Wall Street expectations. The Falls Church, Va.-based company also raised its outlook for 2009 on Wednesday by a nickel per share.
General Dynamics second-quarter earns down 3.6 percent, revenues up, 2009 guidance raisedJuly 29th, 2009 General Dynamics 2Q net earns dip 3.6 percentWASHINGTON — General Dynamics says its second-quarter earnings edged down 3.6 percent due to one-time gains a year ago, but the defense contractor's profits still surpassed Wall Street expectations. The Falls Church, Va.-based company also raised its outlook for 2009 by a nickel per share.
Steel Dynamics forecasts third-quarter earnings above Wall Street expectationsJuly 23rd, 2009 Steel Dynamics targets above-expectation profitFORT WAYNE, Ind. — Steel Dynamics Inc.
Army awaits corruption probe, doesn't seek fresh howitzer bidsJuly 3rd, 2009 NEW DELHI - The Indian Army will not issue fresh bids to buy the ultra-light howitzer that it badly needs for frontline defence. Instead, it will await the outcome of the probe into corruption charges against the Singapore firm, whose guns it had chosen for field trials.
Pentagon says Oshkosh 'clear winner' in $1.06 billion deal to build MRAPs for AfghanistanJuly 1st, 2009 Pentagon: Oshkosh 'clear winner' in $1.06B dealWASHINGTON — Oshkosh Corp. was the "clear winner" in a multibillion-dollar competition to build new blast resistant, off-road vehicles for ground forces in Afghanistan and any protests of the award likely will be defeated, a top Marine Corps official said Wednesday.
Oshkosh gets $1.06 billion contract from the Army for new MRAPs for AfghanistanJuly 1st, 2009 Oshkosh gets $1.06B for new MRAPs in AfghanistanWASHINGTON — Vehicle maker Oshkosh Corp. received a $1.06 billion contract from the Pentagon to build an additional 1,700 off-road terrain vehicles to outfit ground forces in Afghanistan, the Pentagon said late Friday.
Singaporean light howitzers enter India despite banJune 24th, 2009 NEW DELHI - India recently received a consignment of 155 mm light howitzers from Singapore Technologies (ST) Kinetics despite a temporary ban on procurements from the company and six others on corruption charges, a leading defence journal says. The 35 cartons of "cargo" that landed in Mumbai on May 29 were booked from Singapore by air charter service Chapman Freeborn, which confirmed the shipment, Aviation Week said.
Steel Dynamics expects 2nd-quarter loss, but says demand appears to be improvingJune 19th, 2009 Steel Dynamics projects 2nd-quarter lossFORT WAYNE, Ind. — Steel Dynamics Inc.
Blacklisting of firm hits artillery modernisation: Army chiefJune 12th, 2009 NEW DELHI - The Indian Army's 23-year wait for new artillery guns - a crucial element of its modernisation drive - has just got longer with the blacklisting on corruption charges of a Singapore firm. Its howitzer was the frontrunner for a Rs.29 billion ($612 million) order for 140 guns, the army chief, Gen.
Court: Boeing, General Dynamics must pay $2.8 billion to settle canceled Navy aircraft dealJune 2nd, 2009 Court upholds Navy cancellation of A-12 aircraftWASHINGTON — Boeing Co. and General Dynamics Corp.
Bids received for towed, light howitzers; trials in FebruaryJanuary 12th, 2009 NEW DELHI - In a development that would push the Indian Army's decade-old modernization plan of its artillery, overseas vendors have submitted bids for 180 155mm/52 caliber towed and light howitzers and the trials are expected to commence in February or March, a senior official said Tuesday. The defence ministry had issued the request for proposals (RFPs) for three variants of the howitzers - light, wheeled and self-propelled - a year ago.