The Latest Breaking News from GD

The U.S. Army has selected General Dynamics Corp (NYSE:GD) business unit General Dynamics Land Systems' Mobile Protected Firepower (MPF) offering to provide enhanced firepower for Infantry Brigade Combat Teams (IBCTs). The Low Rate Initial Production (LRIP) award is valued at $1.14 billion. The highly lethal, survivable, and mobile direct-fire combat vehicle melds recently developed…

With the stock market witnessing significant volatility owing to the red-hot inflation and rising recession fears, dividend investing could be a good strategy to ensure a stable income stream. We think time-tested S&P 500 dividend aristocrats, Archer-Daniels-Midland Company (ADM), Coca-Cola (KO), General Dynamics (GD), A. O. Smith Corporation (AOS), and…

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.

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, a defense contractor for the U.S. Navy, is the IBD Stock of the Day. GD stock was in a base.

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.

Exxon Mobil and General Dynamics are among five stocks near buy points from strong groups that have already reported earnings.

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.