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Stock impact report

General Dynamics Lands a $15.4 Billion Navy Contract [Yahoo! Finance]

General Dynamics Corporation (GD) 
Last general dynamics corporation earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.gd.com
Company Research Source: Yahoo! Finance
It's been nearly 10 years since the Navy announced it would build a new fleet of 12 nuclear-powered, nuclear ballistic missile-armed Columbia-class submarines to replace its aging Ohio-class boats. It was three more years before the first steel was cut, and six years since the first keel was laid. It will be 2027 before the first boat is actually delivered, and it could be as late as 2031 before it's operationally ready -- 15 years, start to finish. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » That doesn't mean the money isn't already flowing, however. Image source: U.S. Navy. $15.4 billion for 12 boats In 2017, the Navy awarded prime contractor General Dynamics (NYSE: GD) a $5.1 billion contract to begin designing the first Columbia-class vessel USS District of Columbia. Three years later, GD received Show less Read more
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