The Latest Breaking News from GD

General Dynamics Corp's (NYSE:GD) business unit General Dynamics Information Technology (GDIT), has secured the User Facing and Data Center Services (UDS) contract from the National Geospatial-Intelligence Agency (NGA). UDS is a single-award IDIQ contract with a $4.5 billion ceiling and a 10-year ordering period. GDIT will provide hybrid cloud services, including commercial clouds…

General Dynamics Corp (NYSE:GD), at the J.P. Morgan Industrials conference held on March 16, 2022, stated that its jet aviation business is likely to be impacted by Western sanctions on Moscow over its invasion of Ukraine, reported Reuters. The report added that the company's Jet Aviation unit is likely to be hit…

Morgan Stanley analyst Kristine Liwag upgraded General Dynamics Corp (NYSE:GD) to Equal Weight from Underweight and raised the price target to $215 (an upside of 1.2%), from $210, after management provided "strong visibility" and an "encouraging" three-year outlook for the Gulfstream business on its Q4 earnings call. Related: General Dynamics Clocks 1.8% Revenue Decline In Q4;…

General Dynamics Corp (NYSE:GD) business unit General Dynamics Information Technology (GDIT) has received a $518 million task order award from the U.S. Army Communications-Electronics Command (CECOM). The company will provide logistics, sustainment, and maintenance services for joint U.S. and coalition forces worldwide within the Army Field Support Brigade (AFSB) regions. The task order…

  General Dynamics (NYSE:GD) reported its Q4 earnings results on Wednesday, January 26, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

General Dynamics Corp (NYSE:GD) reported a fourth-quarter FY21 revenue decline of 1.8% year-over-year to $10.29 billion, missing the consensus of $10.67 billion. Sales by segments: Aerospace $2.56 billion (+5.1% Y/Y), Marine Systems $2.87 billion (+0.5% Y/Y), Combat Systems $1.89 billion (-3.7% Y/Y) and Technologies $2.97 billion (-7.9% Y/Y). EPS declined by 2.9% Y/Y…

General Dynamics (NYSE:GD) is set to give its latest quarterly earnings report on Wednesday, 2022-01-26. Here's what investors need to know before the announcement. Analysts estimate that General Dynamics will likely report an Earnings Per Share (EPS) of $3.37.