UPDATE 2-Canada lifting a freeze on arms exports to Saudi Arabia, opposition wants big deal scrapped [Reuters]
General Dynamics Corporation (GD)
Last general dynamics corporation earnings: 4/29 07:00 am
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Source: Reuters
UPDATE 1-Canada says it is lifting a freeze on arms exports to Saudi Arabia (Adds quote, background, details) OTTAWA, April 9 (Reuters) - Canada is lifting a freeze on weapons exports to Saudi Arabia and has renegotiated a much-criticized $14 billion contract to sell General Dynamics Corp armored vehicles to Riyadh, Ottawa said on Thursday. The “significant improvements” to the contract would secure thousands of jobs at the U.S. firm’s Canadian subsidiary, where the vehicles are being made, Foreign Minister Francois-Philippe Champagne said in a statement. The announcement marks a retreat by the Liberal government of Prime Minister Justin Trudeau, who said in December 2018 he was looking for a way out of the deal. A month earlier, the government had frozen new permits pending a review. Human rights groups and political opponents, citing the killing of journalist Jamal Khashoggi and Saudi Arabia’s involvement in the Yemen war, had insisted Ottawa scrap a deal agreed by the previous Cons
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Earnings
- 10/23/24 - Miss
GD
Sec Filings
- 10/31/24 - Form 4
- 10/30/24 - Form 4
- 10/23/24 - Form 10-Q
- GD's page on the SEC website