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General Dynamics Buys New Business

Stock quotes in this article: GD  

Defense contractor General Dynamics(GD Quote) completed the acquisition of the Scranton, Pa., operation of Chamberlain Manufacturing, a unit of Duchossois Industries.

Plans for the acquisition were announced in May. Financial terms weren't disclosed, but General Dynamics said the acquisition will immediately add to its earnings.

Shares of General Dynamics, Falls Church, Va., slipped 5 cents to $66.95. ...

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