RESTON, Va. — General Dynamics today reported quarterly net earnings of $952 million, or $3.39 diluted earnings per share (EPS), on $10.3 billion in revenue. For the full year, net earnings were $3.3 billion, or $11.55 per diluted share, on revenue of $38.5 billion.
MADRID — The Council of Ministers has approved an Agreement authorizing the acquisition of expenditure commitments charged to future years, as established in article 47 of the General Budgetary Law, so that the Ministry of Defense can carry out the development, production and support for the entry…
Yesterday the Pentagon announced that some 8,500 U.S.-based military personnel have been put on a high state of alert. While none of those troops has yet been asked to deploy, Pentagon spokesperson John F. Kirby told reporters the Defense Department and the U.S. government continue to be actively in…
WASHINGTON — The State Department has made a determination approving a possible Foreign Military Sale to the Government of Egypt of C-130J-30 Super Hercules Aircraft and related equipment for an estimated cost of $2.2 billion. The Defense Security Cooperation Agency delivered the required certific…
Today, the Federal Trade Commission sued to block Lockheed Martin Corporation’s $4.4 billion proposed vertical acquisition of Aerojet Rocketdyne Holdings Inc, the last independent U.S. supplier of missile propulsion systems. Aerojet supplies advanced power, propulsion, and armament systems, which ar…
The F-35C warplane crashed during a landing mishap on the deck of USS Carl Vinson. Officials refused to speculate on fears the aircraft could fall into China’s hands. It was the second such crash involving an F-35 recently.
The US is conducting recovery operations in the South China Sea for a F-3…