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General Dynamics (NYSE:GD) reportedly is in talks to deliver M1 Abrams battle tanks to Saudi...

Jul. 12, 2013 8:44 AM ETGeneral Dynamics Corporation (GD) StockGDBy: Carl Surran, SA News Editor
General Dynamics (NYSE:GD) reportedly is in talks to deliver M1 Abrams battle tanks to Saudi Arabia, beating out German rival Krauss-Maffei Wegmann. There has been speculation for months that Saudi Arabia could order 200-plus Leopard 2 tanks from the German firm; sources say the German government wanted to hold off a decision until after federal elections in September, and Saudi Arabia was no longer willing to wait.

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