These two dividend growth stocks are perfect candidates for a long-term portfolio. While growth stocks have commanded the spotlight since the 2008 financial crisis, dividend-paying equities have quietly dominated U.S. stock returns since 1900. The secret weapon? Compounding. Companies that consistently increase dividends, known as "dividend growers," often outperform the benchmark S&P 500 over five- to 10-year periods. These stocks typically feature strong fundamentals, proven business models, and managemen ...

FALLS CHURCH, Va., Sept. 19, 2024 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), announced today that it was awarded a $299 million contract to continue supporting the Pentagon's network infrastructure. The contract, awarded by the Defense Information Systems Agency (DISA) through the Joint Service Provider Enterprise Transport Management-Next Generation (JSP ETM-NG) program, has a one-year base period and two six-month options. General Dynamic ...

Strong growth from these two industry giants should continue to reward shareholders. Investors looking to add some firepower to their portfolios should pay attention to the aerospace and defense industry. Beyond the several geopolitical conflicts adding a tailwind of demand, a bigger industry development may be the ongoing shift toward more high-tech solutions. Companies capitalizing on this "defense tech" theme are well-positioned to deliver positive returns. Here are two outperforming stocks that could be ...

General Dynamics (GD) closed the most recent trading day at $294.35, moving -0.19% from the previous trading session. This change lagged the S&P 500's daily loss of 0.16%. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq decreased by 0.3%. Heading into today, shares of the defense contractor had gained 3.34% over the past month, lagging the Aerospace sector's gain of 3.61% and the S&P 500's gain of 3.64% in that time. The investment community will be closely monitorin ...

RESTON, Va., Aug. 1, 2024 /PRNewswire/ -- General Dynamics (NYSE:GD) announced today that Kevin Graney, who currently serves as president of Electric Boat, has informed the company that he will retire at the end of the year. He will be succeeded by Mark Rayha, who currently serves as senior vice president and chief operating officer of Electric Boat, effective December 1. Mark Rayha will become president of General Dynamics Electric Boat effective December 1. "Kevin has served General Dynamics with distinct ...

Although a controversial sector, the concept of top defense stocks will likely become an increasingly important one. Primarily, circumstances in the geopolitical realm will likely worsen. At the same time, a critical election cycle could mean significant changes. Therefore, emotionally agnostic investors may consider the potential viability of this ecosystem. At the same time this is going on, China has ambitions of its own. In other words, the U.S. can't afford to let off the gas pedal. Cynically, such a f ...

General Dynamics Corporation (GD) reported second-quarter 2024 earnings per share (EPS) of $3.26, which missed the Zacks Consensus Estimate of $3.30 by 1.2%. However, the figure increased 20.7% from $2.70 per share recorded in the year-ago quarter. The year-over-year bottom-line appreciation can be attributed to sales growth as well as an improvement in operating earnings. Total Revenues Revenues of $11.98 billion beat the Zacks Consensus Estimate of $11.52 billion by 3.9%. The top line also improved 18% fr ...

Second-Quarter 2024 Highlights and Outlook Update Forward-Looking Statements; Non-GAAP Measures In addition, this presentation contains some financial measures not prepared in accordance with U.S. generally accepted accounting principles (GAAP). While we believe these non-GAAP metrics provide useful information for investors, there are limitations associated with their use, and our calculations of these metrics may not be comparable to similarly titled measures of other companies. Non-GAAP metrics should no ...

General Dynamics Corporation (NYSE:GD) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Conference Call Participants David Strauss - Barclays Peter Arment - Baird Robert Spingarn - Melius Research Cai von Rumohr - TD Cowen Jason Gursky - Citi George Shapiro - Shapiro Research Kenneth Herbert - RBC Capital Markets Douglas Harned - Bernstein Myles Walton - Wolfe Research Scott Deuschle - Deutsche Bank Robert Stallard - Vertical Research Seth Seifman - JPMorgan Ellen Page - Jeffer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [☑] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR [☐] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 1-3671 GENERAL DYNAMICS CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-1673581 St ...