Sign In
Search
Business/Financial

GD Boosts Share Repurchase Program

Cal Biesecker By
SHARE:
GD Boosts Share Repurchase Program
GD Chairman and CEO Phebe Novakovic. Photo: GD

In line with an announcement last month, General Dynamics [GD] on Thursday boosted its stock repurchase program. GD said that its board has authorized the repurchase of up to 20 million shares of its common stock. That announcement follows the accelerated repurchase of 11.4 million shares of stock for $1.1 billion, which exhausted the previous authorization for share repurchases. During the company’s fourth quarter earnings call, GD Chairman and CEO Phebe Novakovic said management planned to accelerate the completion of…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

U.S. Taking Equity Stake In Mining Company USA Rare Earth

Business/Financial

Northrop Grumman Expects Agreement Soon To Accelerate B-21 Production; Pausing Buybacks

Business/Financial

Shipbuilding Leads GD To Solid Fourth Quarter In Finish To Strong Year

Business/Financial

Anduril Expanding In Southern California With 1.2 Million Square Feet Of Space

Trending

USAF Considering “Modular” Missile Silos For Sentinel
Northrop Grumman Expects Agreement Soon To Accelerate B-21 Production; Pausing Buybacks
Army Awards Potential $5.6 Billion AI, Data Analytics Deal To Salesforce
Space Systems Command Looking Into Mission Operations Center For Space Data Network
Stop Work Order Issued To AeroVironment For SCAR Antennas

Contract Updates

R&M Government Services (Las Cruces, New Mexico) – $23,894,784

R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…

L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947

L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…

Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000

Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…

Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794

Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume