Feds earmark money for munitions factories in Quebec, Ontario [Yahoo! Finance Canada]
General Dynamics Corporation (GD)
Last general dynamics corporation earnings: 4/29 07:00 am
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Source: Yahoo! Finance Canada
Ottawa will pump more than $1 billion in public funds into new facilities in Ingersoll, Ont., and Repentigny, Que., for heavy munitions used in artillery. The funds will be split between IMT Precision and General Dynamics Ordnance and Tactical Systems, which is a subsidiary of the major U.S. contractor. The goal is to quickly ramp up production of 155-millimetre shells used by howitzers and to start production of nitrocellulose, a chemical compound used as a propellant in artillery shells. The aim is to get production of nitrocellulose up and running in the next three years. The funds fall under the new Canadian Defence Industry Resilience program, part of the Liberal government's new defence industrial strategy aimed at building up domestic defence production capacity. This report by The Canadian Press was first published March 18, 2026. Kyle Duggan, The Canadian Press
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News
- Q4 Earnings Roundup: General Dynamics (NYSE:GD) And The Rest Of The Defense Contractors Segment [Yahoo! Finance]Yahoo! Finance
- Feds earmark money for munitions factories in Quebec, Ontario [BNN Bloomberg (Canada)]BNN Bloomberg
- Is General Dynamics (GD) Pricing Reflect Recent Defense Spending Expectations Accurately [Yahoo! Finance]Yahoo! Finance
- General Dynamics Corporation (GD) Declares Quarterly Dividend of $1.59 Per Share [Yahoo! Finance]Yahoo! Finance
- Nextech3D.ai reports new customer wins in early 2026 [Yahoo! Finance]Yahoo! Finance
GD
Earnings
- 1/28/26 - Beat
GD
Sec Filings
- 3/13/26 - Form 4
- 3/13/26 - Form 4
- 3/13/26 - Form 4
- GD's page on the SEC website