General Dynamics Secures $517.2M Delivery Order Against Previously Issued Basic Ordering Agreement For Procurement, Delivery Of Initial Virginia-class Attack Submarine Spare Parts
Portfolio Pulse from Benzinga Newsdesk
General Dynamics has secured a $517.2M delivery order against a previously issued basic ordering agreement for the procurement and delivery of initial Virginia-class attack submarine spare parts.
September 19, 2023 | 10:02 pm
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POSITIVE IMPACT
General Dynamics has secured a significant order for submarine spare parts, which could boost its revenues and profitability.
The secured order is substantial and directly contributes to General Dynamics' revenues. This could lead to increased profitability, positively impacting the company's stock price in the short term.
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IMPORTANCE 80
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