The Latest Breaking News from GD

General Dynamics Corp’s (NYSE:GD) General Dynamics Mission Systems has secured a contract from the National Security Agency (NSA). Financial terms were not disclosed. Under the contract, GD will design, develop, test and deliver a certifiable 400 Gbps high-assurance encryption solution compliant with the Ethernet Data Encryption Cryptographic Interoperability Specification (EDE-CIS). The high-speed, fault-tolerant…

It is commonplace these days to invoke the fears that Russia’s aggression against Ukraine has awoken in Eastern Europe. With the 2008 invasion still fresh in the minds, the Black Sea nation of Georgia is also bracing itself against the Russian bear.

Increased global military spending and Biden's commitment to supporting Ukraine in the fight against Russia should benefit the aerospace & defense industry. Therefore, outperforming aerospace and defense stocks, L3Harris (LHX), Lockheed Martin (LMT), Northrop Grumman (NOC), Elbit Systems (ESLT), and General Dynamics (GD), could be solid investments.

General Dynamics, a defense contractor for the U.S. Navy, is the IBD Stock of the Day. GD stock was in a base.

General Dynamics (NYSE:GD) has outperformed the market over the past 20 years by 1.09% on an annualized basis producing an average annual return of 8.24%. Currently, General Dynamics has a market capitalization of $67.47 billion.

Exxon Mobil and General Dynamics are among five stocks near buy points from strong groups that have already reported earnings.

According to Benzinga Pro, during Q1, General Dynamics (NYSE:GD) earned $730.00 million, a 23.32% increase from the preceding quarter. General Dynamics's sales decreased to $9.39 billion, a 8.74% change since Q4.

General Dynamics Corp (NYSE:GD) reported first-quarter FY22 revenue of $9.4 billion, flat year-over-year, beating the consensus of $9 billion. Sales by segments: Aerospace $1.90 billion (+0.8% Y/Y), Marine Systems $2.65 billion (+6.8% Y/Y), Combat Systems $1.68 billion (-8% Y/Y) and Technologies $3.16 billion (-1.1% Y/Y). EPS increased by 5.2% Y/Y to $2.61, beating…

  General Dynamics (NYSE:GD) reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

General Dynamics (NYSE:GD) has outperformed the market over the past 20 years by 1.21% on an annualized basis producing an average annual return of 8.6%. Currently, General Dynamics has a market capitalization of $68.90 billion.

General Dynamics (NYSE:GD) has outperformed the market over the past 20 years by 1.05% on an annualized basis producing an average annual return of 8.38%. Currently, General Dynamics has a market capitalization of $66.41 billion.