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GD Authorizes Repurchase Of 10 Million Shares

General Dynamics [GD] this week said its board of directors has reauthorized management to repurchase up to 10 million shares of the company’s common stock, marking the third time this year the board has reauthorized the repurchase of up to 10 million shares. The company’s board this year previously reauthorized repurchasing up to 10 million shares, once in February and again in June. In the second quarter of this year, GD bought 11.1 million of its shares, using the remaining…

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Congress Updates

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]


Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]


Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

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