GD Stock Recent News
GD LATEST HEADLINES
General Dynamics (GD) concluded the recent trading session at $296.08, signifying a +0.89% move from its prior day's close.
General Dynamics (GD) is set to provide technical support for the Abrams tank system.
War has historically driven innovation, leading to the invention of everyday products and technologies. The changing battlefield in Ukraine, with the increased use of drones, poses challenges for defense contractors. General Dynamics, the producer of the Abrams tank, is benefitting from strong growth in its Combat Systems segment and expects to achieve a 100% free cash flow conversion in 2024.
General Dynamics (GD) is set to provide cybersecurity services to the U.S. Air Force Civil Engineer Center with its recent contract win.
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).
With escalating geopolitical tensions and an estimated surge in global military spending, look into Aerospace and Defence ETFs as they report Q1 earnings.
Recently, Zacks.com users have been paying close attention to General Dynamics (GD). This makes it worthwhile to examine what the stock has in store.
General Dynamics posted higher-than-expected revenue in the first quarter but missed Wall Street's EPS projection. The company had hoped to have the G700 certified in time to make deliveries of the aircraft in the quarter, but the timeline fell into late March.
Although the revenue and EPS for General Dynamics (GD) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
General Dynamics' (GD) Q1 revenues of $10,731 million beat the Zacks Consensus Estimate by 3.7%. The top line also improved 8.6% from the prior-year reported figure.