Core Insights - Nixon Peabody Trust Company reduced its stake in General Dynamics by selling 25,734 shares, valued at approximately $8.11 million, as disclosed in an SEC filing on October 17, 2025 [1][2] - Following the sale, Nixon Peabody Trust Company holds 30,224 shares of General Dynamics, worth $10.31 million, representing 0.75% of its 13F assets [2][3] - General Dynamics' stock price was $331.15 as of October 17, 2025, reflecting a year-to-date increase of 7.4% but underperforming the S&P 500 by 3.2 percentage points [3] Company Overview - General Dynamics has a market capitalization of $89.08 billion, with a trailing twelve months (TTM) revenue of $50.27 billion and a net income of $4.09 billion [4] - The company operates in four segments: Aerospace, Marine Systems, Combat Systems, and Technologies, providing products and services primarily to government and commercial clients [5][6] Financial Performance - Despite underperforming the S&P 500, General Dynamics has seen a year-to-date increase of over 25% and a 133% increase over the last five years as of October 17, 2025 [9] - The company has a strong history of dividend growth, having increased its dividend payout for 28 consecutive years, appealing to income-focused investors [10] Recent Developments - General Dynamics recently secured a $1.5 billion contract with U.S. Strategic Command for modernizing its enterprise IT systems, highlighting its ongoing relevance in the defense sector [9]