Not all dividend stocks are worthy of a royal title like Dividend Duke (a completely made-up term, by the way). Indeed, there are Dividend Kings who have raised dividends by at least 50 straight years, a feat that's impressive but quite hard to do. Not because dividend payers can't stand up to challenges (like recessions) thrown their way, but because many firms simply weren't public in the early-to-mid 1970s to be eligible for the Dividend King title. The future is uncertain, but that doesn't mean firms wi ...

Valued at $1.89 billion, the LVM project is a two-part contract — a vehicle acquisition contract and another inservice support contract over 25 years. Per the terms of the deal, the GDLS-Marchall Canada JV will supply more than 1,000 light trucks and approximately 500 heavy trucks to the CAF. 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 modernizing and upgrading their defense system ...

Contracts totaling $2.58 billion Canadian ($1.88 billion U.S.) awarded to GDLS and partner LONDON, ON, June 7, 2024 /PRNewswire/ -- General Dynamics Land Systems (GDLS), a business unit of General Dynamics (NYSE:GD), has been awarded a contract along with joint venture partner Marshall Canada to provide the Canadian Armed Forces (CAF) a new fleet of light and heavy logistics vehicles. GDLS and Marshall Canada will deliver more than 1,000 light trucks and approximately 500 heavy trucks with associated equipm ...

"Betsy is assuming a greater leadership role, which reflects her strong contribution to our company," said Phebe N. Novakovic, chairman and chief executive officer. SOURCE General Dynamics RESTON, Va., June 6, 2024 /PRNewswire/ -- General Dynamics (NYSE:GD) announced today that Elizabeth L. Schmid has been appointed as senior vice president for Government Relations and Communications. General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in busines ...

In the latest trading session, General Dynamics (GD) closed at $299.45, marking a +0.72% move from the previous day. This move lagged the S&P 500's daily gain of 1.19%. On the other hand, the Dow registered a gain of 0.25%, and the technology-centric Nasdaq increased by 1.96%. Heading into today, shares of the defense contractor had gained 1.35% over the past month, lagging the Aerospace sector's gain of 3.34% and the S&P 500's gain of 3.35% in that time. Investors will be eagerly watching for the performan ...

General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people across 65 countries worldwide and generated $42.3 billion in revenue in 2023. More information about General Dynamics is available at www.gd.com. SOURCE General Dynamics RESTON, Va., June 5, 2024 /PRNewswi ...

General Dynamics Corp.'s (GD) business unit, Land Systems, recently secured a modification contract to provide technical support for Abrams System. The award has been provided by the Army Contracting Command, Detroit Arsenal, MI. Valued at 10.1 million, the contract is expected to be completed by May 16, 2025. Work related to this deal will be completed by Sterling Heights, MI. What's Favoring General Dynamics? Over the past few years, there has been a significant expansion in military spending by nations a ...

General Dynamics Corp.'s (GD) business unit, General Dynamics Information Technology ("GDIT"), recently secured a $185 million task order to provide cybersecurity services to the U.S. Air Force Civil Engineer Center. The award has been offered by the 772nd Enterprise Sourcing Squadron at Tyndall Air Force Base, FL. About the Contract Per the terms of the contract, GDIT will conduct research and create new techniques to reduce cybersecurity threats to the Air Force's industrial control systems. These systems ...

Company will secure industrial control systems at 188 installations worldwide FALLS CHURCH, Va., May 17, 2024 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), announced today that it was awarded a $185 million recompete task order to provide cybersecurity services for the Air Force Civil Engineer Center (AFCEC). The task order, awarded by the 772nd Enterprise Sourcing Squadron at Tyndall Air Force Base, Fla., has a one- year base period and four ...

European Certification Paves the Way for Increased DeliveriesSAVANNAH, Ga., May 15, 2024 /PRNewswire/ -- Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE: GD), today announced the all-new Gulfstream G700 has received European Union Aviation Safety Agency (EASA) type certification, following the aircraft's Federal Aviation Administration (FAA) type certification on March 29. Gulfstream Aerospace Corp. announced the all-new Gulfstream G700 has received European Union Aviation ...