Entering text into the input field will update the search result below

General Dynamics says canceling Saudi arms deal would cost Canada billions

Dec. 17, 2018 5:56 PM ETGeneral Dynamics Corporation (GD) StockGDBy: Carl Surran, SA News Editor12 Comments
  • General Dynamics (NYSE:GD) warns Canada's government would incur “billions of dollars of liability” by unilaterally scrapping a deal of armored vehicles to Saudi Arabia, after Prime Minister Trudeau said for the first time that he was looking for a way out of the deal.
  • “Were Canada to unilaterally terminate the contract, Canada would incur billions of dollars of liability to General Dynamics Land Systems-Canada,” the company says.
  • Abandoning the deal could kill thousands of jobs in the struggling city of London, Ontario, where Trudeau's Liberal Party will need to do well in a federal election next October.

Recommended For You

About GD Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
GD--
General Dynamics Corporation