Message Font: Serif | Sans-Serif
No. of Recommendations: 0

Two deals from the defense sector today: General Dynamics (NYSE: GD) completed its acquisition of GM's (NYSE: GM) defense unit, which makes armored vehicles, for $1.1 billion in cash. Also, Northrop Grumman (NYSE: NOC) finished peeling off its TRW Automotive unit, completing a $4.7 billion sale to The Blackstone Group. Northrop says the deal allows it to stay more focused on the defense sector.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.