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Home > Latest

General Dynamics awarded $621 million U.S. Army contract extension

date
24/06/2025
General Dynamics Land Systems has signed a contract with the U.S. Army worth an additional $621 million. The U.S. Army announced on Monday that this funding will be used for the work on the SGT Stout system and services being carried out by General Dynamics Land Systems in Sterling Heights, Michigan. The expected completion date is September 29, 2028. This modification is an addition to a contract worth $1.22 billion from 2020.
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On June 24, 2025, at the Alibaba Cloud Enterprise Outbound Summit in Shenzhen, Alibaba Cloud Intelligent Group's Senior Vice President and President of Public Cloud Business Division, Liu Weiguang, stated that Alibaba Cloud will accelerate the construction of global cloud computing network, deploying full-stack AI capabilities at every node worldwide, strengthening outbound compliance, service, and ecosystem team building, and fully serving global enterprises.
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Alibaba Cloud: This year will deploy full-stack AI capabilities in global nodes to serve Chinese enterprises going abroad.
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Lantu Automobile: Lantu FREE+ pre-sale officially starts today at 16:00.
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Etoro Group (ETOR.US): In the first quarter of 2025, revenue reached $3.755 million, up from $3.384 million in the previous quarter; earnings per share were $0.69, down from $0.76.
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