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General Dynamics to Acquire AxleTech International FALLS CHURCH, Va. – General Dynamics (NYSE: GD) and The
Carlyle Group, a private equity firm, have entered into a definitive agreement
for General Dynamics to acquire AxleTech International, a global manufacturer
and supplier of axles, axle components, planetary axles, independent
suspensions, brakes and aftermarket parts for military vehicles, commercial
specialty trucks, and off-highway machines used in the construction, material
handling, forestry, mining and agricultural markets. |
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General Dynamics Awarded $286 Million for Nuclear Submarine Support Work GROTON, Conn. – The U.S. Navy has awarded General Dynamics Electric Boat a $286 million contract for planning yard work, engineering and technical support for nuclear submarines. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). The contract has a total potential value of $1.8 billion over five years if all options are exercised and funded. Work performed under the initial award is expected to be completed by October 2009. |
This section contains access to General Dynamics’ press releases issued since January 1997. Point of contact information for Public Relations officials at the company’s major business units and locations is available via Media Contacts. You also will find access to a calendar of Company Events, as well as text and webcasts of selected Interviews and Webcasts by senior company officials. For a complete listing of General Dynamics' press releases, click here.
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