The Latest Breaking News from General Dynamics

General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE: GD), announced Thursday that it was awarded an enterprise IT modernization contract to strengthen the U.S. Strategic Command’s (STRATCOM) operational readiness. 

Daimler Truck (OTC:DTRUY) and General Dynamics Land Systems, a subsidiary of General Dynamics (NYSE:GD), said on Friday they have formed a strategic partnership to explore future cooperation in developing, producing and servicing military logistics vehicles in select markets.

General Dynamics has notably outperformed the broader S&P 500 in recent months, and analysts remain cautiously optimistic about the stock’s prospects.

Although General Dynamics has underperformed the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

President Donald Trump has reportedly removed Billy Long as Internal Revenue Service commissioner just two months after his Senate confirmation. Treasury Secretary Scott Bessent will serve as acting IRS commissioner while the administration searches for a permanent replacement.

India has reportedly paused plans to procure U.S. defense equipment, including arms and aircraft from Lockheed Martin (NYSE:LMT), Boeing Co. (NYSE:BA) and General Dynamics (NYSE:GD), as the diplomatic fallout from President Donald Trump's tariffs strains bilateral ties.

General Dynamics Corp. (NYSE:GD) traded higher Wednesday after the defense and aerospace contractor reported second-quarter 2025 results that topped Wall Street expectations. The company’s strong performance in its Marine Systems and Aerospace segments contributed to the success.

General Dynamics Corporation (NYSE:GD) will release earnings results for the second quarter before the opening bell on Wednesday, July 23.

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General Dynamics is expected to announce its second-quarter results later this month, and analysts predict a single-digit growth in the company’s bottom-line figure.