General Dynamics Projects 2019 CapEx to Rise to $1.2B Driven by Submarine Programs
12 Feb 2019
Maritime Industry
A new report by consulting firm McAleese & Associates says General Dynamics (NYSE: GD) posted $36.2B in full-year 2018 sales, up 17 percent from the previous year.
Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report that the increase was primarily driven by $3.7B in new sales associated with the company’s acquisition of CSRA in April.
More Topics
Connecticut business owners and executives gathered in Hartford at an annual economic outlook meeting, buoyed by good economic news last year, but wary about slower growth in the state than in the U.S. and whether it it will extend into 2019.
Following are five factors that will have an impact...
For over 100 years, Electric Boat has been the primary producer of submarines for the United States and allied countries around the world. From its headquarters and shipyard in Groton, Connecticut, and auxiliary shipyards located in Quonset, RI and Newport News, VA, Electric Boat has designed and built dozens of...