General Dynamics (GD) came out with quarterly earnings of $2.88 per share, missing the Zacks Consensus Estimate of $2.89 per share. This compares to earnings of $2.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.35%. A quarter ago, it was expected that this defense contractor would post earnings of $3.66 per share when it actually produced earnings of $3.64, delivering a surprise of -0.55%.Over the last four quarters, th ...

Exhibit 99.1 11011 Sunset Hills Road Reston, Virginia 20190 www.gd.com News Contact: Jeff A. Davis Tel: 703 876 3483 press@generaldynamics.com General Dynamics Reports First-Quarter 2024 Financial Results April 24, 2024 • Revenue of $10.7 billion, up 8.6% from year-ago quarter • Operating earnings of $1 billion, up 10.4% from year-ago quarter • Diluted EPS of $2.88, up 9.1% from year-ago quarter • Operating margin of 9.7%, a 20 basis-point expansion from year-ago quarter In the defense segments, orders in t ...

RobertDupuis/E+ via Getty Images Thesis Geopolitical volatility has been on the rise. The enterprises that thrive in such an environment are the shipping, energy, and defense industries. I have discussed shipping extensively in my articles. Now, it is time to venture into my two favorite industries: energy and defense. Today’s article discusses General Dynamics (NYSE:GD), one of the major defense contractors in the US. GD is one of two enterprises building nuclear-powered submarines for the US Navy (the ...

General Dynamics Corp.’s (GD) Land Systems business unit recently secured a contract to provide technical support for its Abrams battle tank system. The award has been offered by the Army Contracting Command, Detroit Arsenal, MI.Valued at $22 million, the contract is expected to be completed by Jan 15, 2025. Work related to this deal will be executed in Sterling Heights, MI.What’s Favoring General Dynamics?Over the past few years, there has been a significant expansion in military spending by nations across ...

General Dynamics Corp.’s (GD) Land Systems recently clinched a contract to provide technical support for the Stryker battle tank system. The contract has been awarded by the Army Contracting Command, Detroit Arsenal, MI.Valued at $518.8 million, the contract is expected to be completed by Mar 31, 2029.What’s Favoring General Dynamics?Over the past few years, there has been a significant expansion in military spending by nations across the globe. This is because the countries are increasingly focused on mode ...

General Dynamics Corp.’s (GD) Land Systems business unit recently clinched a modification contract to offer technical support for its Abrams battle tank system. The award has been provided by the Army Contracting Command, Detroit Arsenal, MI.Valued at $12.4 million, the contract is expected to be completed by Feb 27, 2027. Work related to this deal will be executed in Sterling Heights, MI.What’s Favoring General Dynamics?Over the past few years, there has been a significant expansion in military spending by ...

Stocktrek/DigitalVision via Getty Images Overview General Dynamics (NYSE:GD) is a defense and aerospace company with global operations. Their I previously covered this dividend aristocrat back in September of 2023 and since then the total return has outperformed the S&P500 (SPY) by double. However, I still believe there to be ample price growth despite the new highs because of the company's strong financials. Seeking Alpha The current dividend yield is only 1.92% but GD is a well established dividend ...

RESTON, Va., April 4, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) will webcast its first-quarter 2024 earnings results conference call on Wednesday, April 24, beginning at 9 a.m. EDT.The live webcast of the conference call will be available at www.gd.com. A replay will be available shortly after the live presentation.  More information about General Dynamics is available at www.gd.com.SOURCE General Dynamics ...

General Dynamics Corporation’s (GD Quick Quote - Free Report ) business unit, General Dynamics Mission Systems Inc., recently clinched a contract to support the Littoral Combat Ship (LCS) System. The award has been offered by the Naval Surface Warfare Center, Port Hueneme Division.Details of the DealValued at $33.7 million, the contract is expected to be completed by March 2025. Per the terms of the deal, General Dynamics will provide design agent and lifecycle sustainment services to support the Independ ...

General Dynamics (GD) closed at $291.69 in the latest trading session, marking a +0.4% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.11%. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.23%.Shares of the defense contractor have appreciated by 6.19% over the course of the past month, outperforming the Aerospace sector's gain of 2.55% and the S&P 500's gain of 1.5%.Analysts and investors alike will be keeping a close eye o ...