Pentagon can pay contractors to keep workforce home, but ready - memo [Yahoo! Finance News]
General Dynamics Corporation (GD)
Last general dynamics corporation earnings: 4/29 07:00 am
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Source: Yahoo! Finance News
By Mike StoneWASHINGTON, April 9 Reuters) - The Pentagon will pay defense contractors for sick time or if healthy workers can't get to job sites due to the coronavirus outbreak, according to a memo seen by Reuters.The memo, signed late Wednesday by the Pentagon's acquisition office, aims to keep the defense industrial workforce intact and ward off layoffs if plants have to close or workers stay at home by reimbursing the sick leave through the end of the government's fiscal year in September.Boeing Co and others have been hit by plant closures due to the virus, and this kind of directive could pay the salaries of those workers affected.Costs covered include those "incurred as a consequence of granting paid leave as a result of the COVID-19 national emergency." COVID-19 is the potentially lethal respiratory illness caused by the novel coronavirus."It permits contractors to be reimbursed for sick leave. It's a huge opportunity for contractors to maintain their workforce through this cri
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News
- General Dynamics NASSCO and South Korean Shipbuilding Leaders DSEC Co. and Samsung Heavy Industries Co. Sign Tri-Party Memorandum of Agreement [Yahoo! Finance]Yahoo! Finance
- General Dynamics NASSCO and South Korean Shipbuilding Leaders DSEC Co. and Samsung Heavy Industries Co. Sign Tri-Party Memorandum of AgreementPR Newswire
- General Dynamics declares $1.50 dividend [Seeking Alpha]Seeking Alpha
- General Dynamics Board Declares DividendPR Newswire
- General Dynamics (GD): Valuation Check After Double-Digit Earnings Growth and Record Defense Backlog [Yahoo! Finance]Yahoo! Finance
GD
Earnings
- 10/24/25 - Beat
GD
Sec Filings
- 11/24/25 - Form 4
- 11/20/25 - Form 144
- 11/7/25 - Form 4
- GD's page on the SEC website