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The Latest Breaking News from General Dynamics

Unprepared for long war, US Army under gun to make more ammo

One of the most important munitions of the Ukraine war comes from a historic factory in Scranton, Pennsylvania

The Independent UK

My family was massacred on my wedding day. I hold the US in part responsible

Until Biden fulfills his promise to end arm sales to the Saudis, the US and its largest defense contractors are complicit in war crimes

The Guardian - US

British army’s new Ajax fighting vehicle will not be ready until end of decade

Labour accuses government of failing taxpayers and troops with £5.5bn programme that is already six years late

The Guardian - UK

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Payments for tanks manufactured in Merthyr to resume after years of delays

The vehicles were due to enter service in 2017 but the scheme, which provides hundreds of jobs in south Wales, has been repeatedly delayed

Wales Online

Ministry of Defence restart payments on controversial Welsh made armoured vehicles contract

The MoD ceased payments to General Dynamics two years ago after noise and vibration issues injuring soldiers

Birmingham Post

Pentagon puts priority on replacing munitions in 2024 budget

WASHINGTON — The Pentagon’s $170 billion procurement request for the new fiscal year focuses on replacing munitions supplied to Ukraine as well as well as weapons like long-range missiles, which would be necessary in a conflict with China, according to an internal budget document.

Tribune News Service

The Ukraine economic war: Who's winning?

Neither Ukraine nor Russia is "winning" — but Saudi Arabia, the oil companies and the arms industry certainly are

Salon

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A winning stock strategy in 2023? Steady not sexy

The best stocks to buy now fall into 3 unloved sectors: banking, defense, and health care.

Fortune

Former soldier tasked with getting Navy builder in shipshape

The new leader of Navy shipbuilder Bath Iron Works said he's been rejuvenated by a shift from his former aerospace job to building ships

The Independent UK

Global arms sales rise for 7th year despite supply chain issues

Weapons trade grows 1.9 percent according to SIPRI, with Russia’s invasion of Ukraine adding to supply chain problems.

Al Jazeera

US has increased arms sales abroad despite Biden election pledge

Report by Quincy Institute says ‘current US arms policy and practice too often fuel war rather than deterring it’

The Guardian - US

60 more jobs to be cut at two Valleys factories

It comes six months after an additional 60 roles were put in danger at General Dynamics

Wales Online

Benzinga's Top Ratings Upgrades, Downgrades For August 30, 2022

Benzinga

Canada to send 39 armoured vehicles to Ukraine ‘this summer’

The 39 vehicles will be shipped to Kyiv ‘this summer’, Canadian defence minister Anita Anand says

The Independent UK

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Reuters

Canada to send 39 armored vehicles to Ukraine this summer

Canada will send 39 General Dynamics-made armored vehicles to Ukraine later this summer to help Kyiv in its defense against the Russian invasion, Canadian Defense Minister Anita Anand said on Thursday.

Benzinga

Peering Into General Dynamics's Recent Short Interest

General Dynamics's (NYSE:GD) short percent of float has risen 16.16% since its last report. The company recently reported that it has 3.17 million shares sold short, which is 1.15% of all regular shares that are available for trading.

Salon

The arms manufacturing gold-rush

Major arms manufacturers are experiencing a genuine gold-rush moment

Benzinga

$1000 Invested In General Dynamics 10 Years Ago Would Be Worth This Much Today

General Dynamics (NYSE:GD) has outperformed the market over the past 10 years by 2.14% on an annualized basis producing an average annual return of 12.87%. Currently, General Dynamics has a market capitalization of $60.77 billion.

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The Independent UK

MoD told troubled military vehicle project poses risk to national security

Five years from original deployment date, army’s new wheels still in development hell

The Independent UK

MoD told ‘fix or fail’ struggling Ajax programme or risk national security

The Ajax armoured vehicle programme has so far run for 12 years, cost £3.2 billion and delivered no deployable vehicles.

Benzinga

Peering Into General Dynamics's Recent Short Interest

General Dynamics's (NYSE:GD) short percent of float has risen 16.67% since its last report. The company recently reported that it has 2.70 million shares sold short, which is 0.98% of all regular shares that are available for trading.

Tribune News Service

Commentary: Taking on the masters of war

At the 2021 annual shareholder meeting of the U.S. weapons manufacturer General Dynamics, shareholders turned out to confront the company’s board of directors, asking how they justify the destruction and death they’ve helped cause.

Benzinga

Here's How Much You Would Have Made Owning General Dynamics Stock In The Last 20 Years

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.

Benzinga

Analyst Ratings for General Dynamics

Within the last quarter, General Dynamics (NYSE:GD) has observed the following analyst ratings:

Benzinga

General Dynamics's Return On Capital Employed Overview

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.

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