Exhibit 99.1 GENERAL DYNAMICS | --- | --- | |-------------------------------|-------| | | | | 11011 Sunset Hills Road | | | Reston, Virginia 20190 | News | | www.gd.com | | Contact: Jeff A. Davis Tel: 703 876 3483 press@generaldynamics.com General Dynamics Reports Third-Quarter 2024 Financial Results October 23, 2024 • Revenue of $11.7 billion, up 10.4% from year-ago quarter • Operating earnings of $1.2 billion, up 11.7% from year-ago quarter • Diluted EPS of $3.35, up 10.2% from year-ago quarter • Operatin ...

The upcoming report from General Dynamics (GD) is expected to reveal quarterly earnings of $3.54 per share, indicating an increase of 16.5% compared to the year-ago period. Analysts forecast revenues of $11.77 billion, representing an increase of 11.4% year over year. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior ...

General Dynamics Corporation (GD) is set to release third-quarter 2024 results on Oct. 23 before market open. See the Zacks Earnings Calendar to stay ahead of market-making news. The company delivered an earnings surprise of 0.95% in the last four quarters, on average. The strong revenue performance across most of its business segments and lower interest expenses are likely to add impetus to its overall third-quarter results. GD's Aerospace Unit to Post Solid Sales Solid revenues earned from the deliveries ...

U.S. elections have an outsized effect on the stock market. The results are always catalysts, and the policies supported by the candidate who ends up winning the presidency, as well as the final composition of the House of Representatives, tend to favor some sectors more so than others. However, mounting tensions with China, increasingly considered a near-peer in terms of defense, as well as current tensions in the Middle East, have led both parties and their candidates to adopt largely similar stances on d ...

The world's best hedge funds and investors tend to look at more abstract data than the average retail investor does. Now, some of this data might not be accessible, such as satellite feeds to figure out parking lot traffic and predict a financial quarter for a retail stock. However, other data points and public information are free to access, which still generates an advantage for those who look over them. Today, the data investors can look over is found in which companies are receiving new government contr ...

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 ...