General Dynamics
Coverage of General Dynamics in the Nexus archive.
- The Army gave General Dynamics $533M to build an artillery plant that produced nothing
The Army provided General Dynamics with $533 million for the construction of an artillery plant. Despite the funding, the facility built by General Dynamics ultimately produced nothing.
- Fiasco in the Factory: Taxpayers Funded a $533 Million Artillery Plant That Made Nothing
An artillery plant funded by taxpayers cost $533 million but failed to produce a single usable shell due to frequent equipment malfunctions and factory issues. The U.S. Army ordered work on two production lines halted, and despite the failures, General Dynamics and its key Turkish subcontractor have not been publicly held accountable or forced to repay funds.
- USMC awards $20 million contract for first autonomous ground vehicles
The US Marine Corps awarded a $20 million production contract to Overland AI for autonomous ground vehicles to transport air defense systems. The contract marks the first of its kind for ground autonomy providers in the U.S. military, with vehicles expected to support resupply, ISR, and potential integration into the Marine Air Defense Integrated System.
- 7 Best Defense Stocks to Buy Now
The fiscal 2027 National Defense Authorization Act allocates $1.15 trillion for U.S. military spending, driven by global conflicts and tensions. Morgan Stanley analysts recommend seven defense stocks, including GE Aerospace, RTX Corp, and Northrop Grumman, citing strong growth potential and government contract stability.
- General Dynamics Will Spend $200 Million to Reboot Ammo Plant
General Dynamics will invest $200 million to restart an ammunition plant. The article also references Ukrainian military personnel using 155mm artillery shells at a frontline position.