Barely a week after closing its $9.7 billion purchase of CSRA, General Dynamics (NYSE: GD)fired up the deal machine once again with a $250 million purchase of Hawker Pacific. This latest purchase, though not nearly as big as the CSRA deal, is fresh evidence that General Dynamics' management believes a global business jet recovery is finally at hand.
If so, that would be a welcome development for GD investors.General Dynamics' Weak Link Is Getting Stronger
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