The Latest Breaking News from Technologies

The defense industry is transforming continuously to cater to the evolving needs worldwide with advanced technologies. Amid the escalating geopolitical tensions, quality defense stocks Northrop Grumman (NOC), General Dynamics (GD), and Lockheed Martin (LMT) could be ideal portfolio additions. Continue Reading.

General Dynamics Corp (NYSE:GD) reported a fourth-quarter FY21 revenue decline of 1.8% year-over-year to $10.29 billion, missing the consensus of $10.67 billion. Sales by segments: Aerospace $2.56 billion (+5.1% Y/Y), Marine Systems $2.87 billion (+0.5% Y/Y), Combat Systems $1.89 billion (-3.7% Y/Y) and Technologies $2.97 billion (-7.9% Y/Y). EPS declined by 2.9% Y/Y…