General Electric awarded contract worth up to $409 million: Pentagon
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The logo of General Electric Co. is pictured at the Global Operations Center in San Pedro Garza Garcia, neighbouring Monterrey, Mexico, May 12, 2017. REUTERS/Daniel Becerril
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Overall Analyst Rating:
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Dividend Yield: 0.5%
EPS Growth %: +19.9%
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WASHINGTON (Reuters) - General Electric Co (NYSE: GE) was awarded a defense contract worth up to $409 million for next-generation thermal, power and controls as part of a government and industry joint effort to develop innovative technologies, the Pentagon said on Wednesday.
(Reporting by David Alexander; Editing by Eric Beech)
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