Wednesday, December 2, 2009

General Dynamics Board Declares Dividend, Authorizes Share Repurchases

General Dynamics Board Declares Dividend, Authorizes Share Repurchases
December 2, 2009 2:30:00 PM

FALLS CHURCH, Va., -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of 38 cents per share on the company's common stock, payable February 5, 2010, to shareholders of record at the close of business on January 15, 2010.

The board also authorized management to repurchase up to 10 million shares of the company's issued and outstanding common stock on the open market.

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