Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
General Dynamics has been awarded a new 330 million GBP contract by the UK Government to develop software for its defence programme. The new contract will develop radio and information systems equipment for the armed forces and will sustain 125 current jobs as well as creating a further 125 jobs at the company's Blackwood site near Caerphiliy in South Wales. General Dynamics operates 3 sites in South Wales, with the others being at Oakdale and Merthyr Tydfill. The announcement did not indicate when the new jobs will be filled.
Eurofound (2017), General Dynamics, Business expansion in United Kingdom, factsheet number 90846, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90846.