The Latest Breaking News from GD

Concerns over high inflation, the Fed’s hawkish stance, and an economic slowdown have led to a massive stock market correction over the past few weeks. As these factors are expected to keep the market volatile in the upcoming months, it could be wise to bet on safe dividend-paying stocks Waste…

General Dynamics Corp’s (NYSE:GD) General Dynamics Mission Systems has secured a contract from the National Security Agency (NSA). Financial terms were not disclosed. Under the contract, GD will design, develop, test and deliver a certifiable 400 Gbps high-assurance encryption solution compliant with the Ethernet Data Encryption Cryptographic Interoperability Specification (EDE-CIS). The high-speed, fault-tolerant…

It is commonplace these days to invoke the fears that Russia’s aggression against Ukraine has awoken in Eastern Europe. With the 2008 invasion still fresh in the minds, the Black Sea nation of Georgia is also bracing itself against the Russian bear.

Increased global military spending and Biden's commitment to supporting Ukraine in the fight against Russia should benefit the aerospace & defense industry. Therefore, outperforming aerospace and defense stocks, L3Harris (LHX), Lockheed Martin (LMT), Northrop Grumman (NOC), Elbit Systems (ESLT), and General Dynamics (GD), could be solid investments.

General Dynamics (NYSE:GD) has outperformed the market over the past 20 years by 1.09% on an annualized basis producing an average annual return of 8.24%. Currently, General Dynamics has a market capitalization of $67.47 billion.

According to Benzinga Pro, during Q1, General Dynamics (NYSE:GD) earned $730.00 million, a 23.32% increase from the preceding quarter. General Dynamics's sales decreased to $9.39 billion, a 8.74% change since Q4.

General Dynamics Corp (NYSE:GD) reported first-quarter FY22 revenue of $9.4 billion, flat year-over-year, beating the consensus of $9 billion. Sales by segments: Aerospace $1.90 billion (+0.8% Y/Y), Marine Systems $2.65 billion (+6.8% Y/Y), Combat Systems $1.68 billion (-8% Y/Y) and Technologies $3.16 billion (-1.1% Y/Y). EPS increased by 5.2% Y/Y to $2.61, beating…

  General Dynamics (NYSE:GD) reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

General Dynamics (NYSE:GD) has outperformed the market over the past 20 years by 1.21% on an annualized basis producing an average annual return of 8.6%. Currently, General Dynamics has a market capitalization of $68.90 billion.

General Dynamics (NYSE:GD) has outperformed the market over the past 20 years by 1.05% on an annualized basis producing an average annual return of 8.38%. Currently, General Dynamics has a market capitalization of $66.41 billion.

The Russia-Ukraine crisis has boosted the prospects of the defense industry, helping it outperform the broader market. The increase in geopolitical tension has pushed many nations to enhance their defense budget, which should drive the defense industry’s growth. Fundamentally strong defense companies Raytheon (RTX), Northrop Grumman (NOC), and General Dynamics…