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 ...

General Dynamics Corp.’s (GD) business unit, General Dynamics Information Technology (“GDIT”), recently revealed that it secured a contract worth $922 million for upgrading the U.S. Central Command's (“CENTCOM”) enterprise IT infrastructure in February 2024. The contract has been awarded by the General Services Administration.About the ContractPer the terms of the contract, GDIT will manage enterprise data using artificial intelligence and machine learning techniques to improve decision-making and move CENT ...

All-New G700 Certified with Even More Performance EnhancementsSAVANNAH, Ga., March 29, 2024 /PRNewswire/ -- Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE: GD), today announced the all-new Gulfstream G700 has received Federal Aviation Administration (FAA) type certification, paving the way for customer deliveries of the most spacious aircraft in business aviation. Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE: GD), today announced the all ...

General Dynamics (GD) closed the most recent trading day at $282.55, moving +1.02% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 1.25%.Coming into today, shares of the defense contractor had gained 4% in the past month. In that same time, the Aerospace sector gained 1.08%, while the S&P 500 gained 3.56%.Market participants will be closely following the fin ...

In the latest trading session, General Dynamics (GD) closed at $275.40, marking a +0.01% move from the previous day. This change outpaced the S&P 500's 0.29% loss on the day. At the same time, the Dow lost 0.35%, and the tech-heavy Nasdaq lost 0.3%.Heading into today, shares of the defense contractor had gained 2.33% over the past month, outpacing the Aerospace sector's gain of 0.85% and lagging the S&P 500's gain of 4.42% in that time.The upcoming earnings release of General Dynamics will be of great inter ...