General Dynamics Wins a $217M Contract to Support DDG-51 Warships

General Dynamics Corp.’s (GD) business unit, Bath Iron Works, recently clinched a modification contract to provide planning yard support for the DDG 51 warships. The award has been offered by the Supervisor of Shipbuilding, Conversion, and Repair, Bath, ME.Valued at $216.5 million, this contract is expected to be completed by July 31, 2026. The work related to this deal will be carried out in Bath, ME.What’s Favoring GD Stock?Heightened geopolitical tensions worldwide and the resultant need for enhanced mar ...