FALLS CHURCH, Va., Oct. 2 /PRNewswire-FirstCall/ -- The board of directors
of General Dynamics (NYSE: GD) yesterday authorized management to repurchase
up to 10 million shares of the company's issued and outstanding common stock
on the open market. The share repurchases may be made at management's
discretion.
Headquartered in Falls Church, Virginia, General Dynamics employs
approximately 84,600 people worldwide and anticipates 2008 revenues of
approximately $29.5 billion. The company is a market leader in business
aviation; land and expeditionary combat systems, armaments and munitions;
shipbuilding and marine systems; and information systems and technologies.
More information about the company is available at www.generaldynamics.com .
SOURCE General Dynamics