GD Stock Recent News

General Dynamics received an addition to a prior contract with the U.S. Navy for its electric boat company to continue work on submarines and shipbuilding.

Company will leverage AI, cloud and cyber capabilities to enhance operational effectiveness FALLS CHURCH, Va. , June 13, 2025 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE:GD), announced today that it was awarded a foundational Information Technology Enterprise contract to support components of the U.S. Special Operations Command (SOCOM).

Defense stocks will be in the spotlight on Friday and in the coming days as investors focus on the ongoing crisis in the Middle East where Israel attacked Iran's nuclear sites.

In the most recent trading session, General Dynamics (GD) closed at $279.93, indicating a +1.49% shift from the previous trading day.

General Dynamics offers a balanced business model with stable government contracts, strong cash flow, and resilient multi-segment growth, making it attractive for conservative investors. Q1 2025 results exceeded expectations, with double-digit revenue and EPS growth, driven by robust demand in both defense and business aviation segments. My DCF valuation indicates a 13% upside to fair value, with limited downside risk due to manageable debt, consistent buybacks, and a 2.5% dividend yield.

In the most recent trading session, General Dynamics (GD) closed at $275.03, indicating a -0.37% shift from the previous trading day.

RESTON, Va. , June 4, 2025 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.50 per share on the company's common stock, payable August 8, 2025, to shareholders of record on July 3, 2025.

High-quality assets like RTX and AbbVie are ideal for growth and income, offering inflation resilience and strong shareholder returns. RTX has a robust $217B backlog, rising global defense spending, robust margins, and a 32-year dividend growth streak, justifying its GARP valuation. AbbVie is rapidly replacing Humira revenue with high-growth drugs, maintains industry-leading margins, and delivers a 3.5% yield with double-digit EPS growth potential.

We initiate on General Dynamics at Buy based on a structural margin inflection across Aerospace and Marine Systems that we see as underappreciated. Our PT of $324 is based on a forward EV/EBITDA multiple of 11.5x applied to our FY26E EBITDA of $7.6bn. We model EBITDA of $6.8bn and $7.6bn for FY25E and FY26E, respectively, which is 4-10% above consensus on margin expansion from Gulfstream and Marine Systems.

Union members at General Dynamics' Electric Boat submarine-making unit have voted to ratify a new contract, the United Auto Workers said on Wednesday.