Thread regarding General Dynamics Corp. layoffs

GD Satcom buyout

Strong evidence that GDSatcom in Kilgore TX will be sold to CPI Satcom. Production has slowed to nothing. Resignations have picked up this Spring in clear indication that all is not well here. We are now just making spares for customers who are stocking up.

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Would have thought this would be announced at the Q2 earning call. Is the deal stalled? The industry has been talking about it for months, even the ratios are well known which is why CPI is able to overpay and afford it.

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